This calculates the years between two dates using the actual/365 (fixed) day basis convention. This convention counts the number of calendars between the start and end dates and assumes a year consists of 365 days. This is also known as the Act/365 fixed, A/365 fixed, A/365F and English day basis convention.
actual_365(date1, date2)
A date-time object
A date-time object
a numeric value representing the number of years between
date1
and date2
.
The year fraction is calculated as: $$\frac{Number of calendar days}{365}$$
The order of date1
and date2
is not important. If date1
is less than date2
then the result will be non-negative. Otherwise,
the result will be negative.
Other counter methods: actual_360
,
actual_actual_isda
,
is_valid_day_basis
,
thirty_360_eu_isda
,
thirty_360_eu_plus
,
thirty_360_eu
, thirty_360_us
,
thirty_360
, year_frac