How do I add an exchange rate to my Seraf account?

Seraf automatically updates daily exchange rates and tracks historical rates, but you can also add your own foreign exchange rate as of a specific date, to be as precise as needed in your calculations. There are two ways to add a new foreign exchange, as noted below.

To add a new exchange rate for a currency in your account:

  • Add a new transaction and enter the exchange rate directly into the FX Rate field. This will override the default entry and create a new FX record for that date.

Or, you can also add an exchange rate to better reflect the value of your holdings at a specific date in time.

  • Navigate to the FX Rates tab of Portfolio Management.
  • Enter the Date.
  • Choose the Currency.
  • Enter the Rate. Per unit of your default currency.
  • Click the button for Set FX Rate to save your entry.
  • Update Calculations to have the new exchange rate take effect throughout your portfolio.

Notes:

  • The foreign exchange rate you set will override the system exchange rate for the specified date and will update any rate you have previously entered for this date. 
  • All holdings in the currency for which a rate is recorded will be updated to reflect the rate as of that date.
  • A rate will not take effect until the associated date occurs.
  • To delete an exchange rate, click the trash can icon to the right of your entry.

Learn how Seraf calculates exchange rates.

Have more questions? Submit a request

Comments

Powered by Zendesk