- Go to Lists > Accounting > Currency Exchange Rates > New.
- In the Base Currency field, select the base currency for this exchange rate.
- Select a foreign currency in the Currency field.For example, if you are setting the exchange rate for the Euro to your base currency, the U.S. dollar, select the name of your base currency, USA in the Base Currency field and then select Euro in the Currency field.If the Currency list does not include the currency that you need, you can define a new currency.
- If you have multiple currency exchange rate types, in the Exchange Rate Type field, select the rate type.
- In the Exchange Rate field, enter the exchange rate compared to the base currency. The exchange rate is the number of base currency units that equal one foreign currency unit.
- Set the date this exchange rate becomes effective in the Effective Date field.
- Click Save or Save & New.