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Multi-Currency Data Handling

Swifty Team May 15, 2025 2 min read

International business means multi-currency reality. An order from a European customer is in euros. A supplier invoice from Asia is in dollars. Your reporting currency is Czech crowns. Keeping track of what everything is worth in your home currency — without making mistakes — requires either a lot of manual work or a system that handles it automatically.

Swifty handles it automatically.

Currency on Any Amount Field

Any amount field in Swifty can be denominated in any supported currency. An invoice is in EUR. A purchase order is in USD. A contract value is in GBP. The currency is stored with the amount, not separated from it.

Records in different currencies coexist without confusion. Each amount is clearly labeled with its currency.

Live Exchange Rates

Swifty maintains an up-to-date exchange rate database, imported automatically from authoritative sources. When you need to convert an amount to your home currency, the conversion uses the rate current at the relevant date — not today's rate applied to historical amounts.

An invoice issued three months ago converts at the exchange rate from three months ago. Accounting-accurate, not approximation-accurate.

Converted Totals Where You Need Them

On records denominated in foreign currencies, the home-currency equivalent is shown alongside the original amount. An invoice for €5,000 shows the CZK equivalent at the invoice date rate.

In list views, foreign-currency amounts can be shown with their converted equivalents. Aggregate views use converted amounts to enable meaningful totals across a mixed-currency dataset.

Rate Override When Needed

Automatic rates are usually right. When they're not — for contractually fixed rates, for rates agreed with a customer, for exceptional situations — you can override the rate on a specific record without affecting the general rate database.

The Reporting Benefit

Multi-currency handling done right makes reporting possible. When every amount has a reliable home-currency equivalent, your totals and summaries are meaningful across the entire dataset — not just the portion in your base currency.

That's the foundation for financial visibility in an international business.

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