Edit the exchange rate for a date or date range

Here's how to edit a foreign currency exchange rate for a date or date range in Xero. If you don't want to change the exchange rate for all new transactions on this date, edit the rate on an individual transaction instead. You'll need the Adviser, Standard or Invoice Only user role to edit an exchange rate.

If the date you're viewing doesn't have a link to click on, this date is in a locked period. Someone with the Adviser user role will need to unlock the period to edit the rate.

Edit an exchange rate for a date

  1. In the Settings menu, select General Settings.
  2. Click Currencies.
  3. Select a date.
  4. Click on the exchange rate for the currency.

    Image showing the exchange rates for currencies that have already been set up in a Xero organisation.

  5. Click in the box and enter the new exchange rate. You can add up to 6 decimal points.
  6. Click Save.

    Image showing the set exchange rate menu in the currency settings.

Edit exchange rate for a date range

  1. In the Settings menu, select General Settings.
  2. Click Currencies.
  3. Select a date.
  4. Click on the exchange rate for the currency.
  5. Click Set start & end dates.
  6. Select the date range.
  7. Click in the box, then enter the rate. You can add up to 6 decimal points.
  8. Click Save.

    Image showing the set exchange rate menu for a date range in the currency settings