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The way Money uses exchange rates is pretty straightforward. There are two methods that I've encountered:
1. A transfer between accounts with different currencies. Here the user is prompted for the FX rate that they wish to use and one can either use the current rate that Money has stored or enter an alternative rate. Money stores transfers as two transactions internally: a debit from one account with a credit to another. No exchange rate is stored in this case: it is implicit in the debit and credit amounts.
2. An investment transaction in an account that is not in the
base currency, credited to, or debited from, an account that is in
the same currency as the investment account. Again the user is
prompted for an FX rate and again two transactions are stored
internally but this time Money does also record the corresponding
base currency amount in the two transaction records. This recorded
base currency amount can be subsequently changed by right-clicking
on the transaction in the investment account and then selecting Enter
Exchange Rate.
Regards,
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The way Money uses exchange rates is pretty straightforward. There are two methods that I've encountered:
…
Jonathan
msmquote - an open source security and currency exchange rate quote updater for Microsoft Money.
On 18/04/2022 18:51, First Last wrote:
…
I did some quick search to get some background on msmoney multi-currency/exchange rate handling and found this one (Dick did some interesting investigative work ...)
Yes, it is just a UI feature, the original currency amount isn't
stored by Money. I use the memo field to keep track of that if I
need to.
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