Currency Conversion Rate form – Help Centre

If your organisation operates in regions with currencies that are different from that used in Head Office, you need to create Currency Conversion Rates.

Note: Currency conversation rates may only be edited for future dates. You cannot edit the rate for the current day, or for past dates.

Option	Allowed Values	Description
Currency	Any configured Currency	The Currency to be converted when uploading data to Head Office.
Effective date	Any date, in your computer's local date format	The date from which the Currency Conversion Rate is effective.
Conversion rate	Any number	The foreign currency value of one unit of local currency. For example: Local currency: NZ Dollars Foreign currency: US Dollars If the conversion rate is 0.83, for every 1 NZ Dollar you will receive 83 US cents.
1/Conversion Rate	Any decimal number up to 8 decimal places	The local currency value of one unit of foreign currency. For example: Local currency: NZ Dollars Foreign currency: US Dollars If the 1/conversion rate is 1.20, for every 1 US Dollar you will receive 1.20 NZ Dollars.