Setting Up Currency Exchange Rate

1. Navigate to Maintenance > Multi-Currency > Exchange Rates to access the Exchange Rates page. 
2. Select a Scenario from the list.
   
   
   Note:

   The list box is populated with scenarios defined on the Scenario Setup page and is visible based on the user's scenario access.
3. Select a fiscal Year associated with the scenario. Year selection only applies for the Actual scenario.
4. Select Default view if you wish to set up exchange rates for one currency. Select Customized view if you wish to set up exchange rates for one or more currencies and currency types.
   Note:

   To customize the Currency Type in the Default view, perform the below steps:
   
   

   1. Select the Customized view radio button.
      
      
   2. Select Currency Type from the Select Currency Types icon beside Currency Type to select currency types for the selected currency. Click Select.
      
      
   3. Enter the exchange rates and click Save.
5. Select the Currency for which you want to view the exchange rates.
6. Select the Apply Currency Conversion checkbox to modify the exchange rates and update the loaded data with the new exchange rates for converting Local Currency to Common Currency. If you don’t enable the checkbox, the existing data will not be updated and the exchange rates will be applied only for new data loads.
   
   
7. Enter the exchange rates and click Save.

You can export all or selected entries from the Currency Exchange Rate list report using Export  All or Export Selected.

You can also import exchange rates by uploading a file using the Import option.

The best practice is to first export the file structure, then update the values, and finally import the modified file.