New foreign currency exchange rates are easily added by copying and modifying an existing rate.

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How to Copy a New Exchange Rate

1. Navigate to Banking > Currency Exchange Rates.
2. Select an existing rate and click the Copy button.
3. The base currency is automatically set to the default currency.
4. Select the currency to exchange to and the date the exchange rate becomes valid.
5. Enter the exchange rate for Customers for one unit of the default currency. e.g. for one unit of a local currency of AUD the USD exchange rate might be 0.8123
6. Enter the exchange rate for Suppliers for one unit of the default currency.
7. Click Save.

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