Exchange Rate
There are three ways to set the exchange rate in the app:
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Default (Fixed): The app uses the current exchange rate at the time of the transaction. This exchange rate remains fixed.
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Custom (Fixed): The app uses the exchange rate that you manually set. Similar to the default option, this exchange rate is also fixed.
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Auto-Refresh: The app utilizes the latest exchange rate, which is updated daily. This exchange rate may change from day to day.
When you add a new transaction with a different currency in a sheet, the app defaults to the most recently used exchange rate option for that currency. If no previous exchange rate option has been selected for the currency, the app will use the “Default (Fixed)” option.
For example, if you used “Custom (Fixed)” for USD in your last transaction, the app will automatically use “Custom (Fixed)” for USD in the next transaction.
If you still have questions, we’re here to help. Please get in touch and we’ll respond shortly.