Currencies and exchange rates

Every account has its own currency, and you can keep as many as you need. What makes them a single picture is your base currency: the one every total is converted into.

Your base currency

Set it in Settings → Regional. It changes how totals are shown — net worth, reports, budget limits — and nothing about the money itself: your euro account still holds euros.

Where the rates come from

The app refreshes rates from a public source several times a day. You do not enter them by hand, and you cannot be charged a "conversion fee" by us: nothing is actually converted, the numbers are only presented in one currency.

Crypto and precious metals work the same way as ordinary currencies here — an account in them adds up into your base currency like any other.

An old transaction keeps its own rate

This is the part worth understanding. When a report converts last March's expenses, it uses the rate as it was then, not today's. Your March report therefore keeps saying the same thing next year — which is the whole point of a report.

Today's balances use today's rate, so a total in your base currency moves with the market even on a day you spent nothing. That is not an error; it is what holding several currencies means.

A transfer between currencies

Moving money between accounts in different currencies records the rate of the day it happened, and both sides keep their own amounts. If your bank used a different rate than ours, correct the arriving amount — the transfer keeps whatever you enter, and the difference is exactly what your bank charged you.