Keyword Analysis & Research: xero fx rates


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Frequently Asked Questions

What is the official rate of the day in Xero?

The official rate of the day (or mid-market rate) is the final rate at midnight. Exchange rates in Xero are rounded to 6 significant figures, including decimal places. Variances can occur if the actual exchange rate has more than this.

How do I view revalued foreign currency in Xero?

If you use multicurrency in Xero, run the Foreign Currency Gains and Losses report to view balances revalued in your base currency. You can also view your total foreign currency exposure for each currency. In the Accounting menu, select Reports. Under Accounting, select Foreign Currency Gains and Losses. Select a date range, then click Update.

What is the maximum number of significant figures allowed in Xero?

Exchange rates in Xero are rounded to 6 significant figures, including decimal places. Variances can occur if the actual exchange rate has more than this. You can change the exchange rate for a date or transaction if required, but cannot enter more than the maximum of 6 significant figures.

Why choose xeroforex?

At Xeroforex we believe every customer deserves the right to transparent and market leading pricing, along with an efficient and secure service. With over 25 years of building strong relationships within the FX industry, Xeroforex work with a vast network of providers to receive quotes and secure the best service possible for our clients.

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