(above).Tip: For easier reading, click (above).
If you enter a transaction in a foreign currency, you can have Money convert the amount of the transaction to the base currency of your Money file using the Currency Converter.
For example, if you reside in the U.S. but made a purchase in Canada, you would type the amount you spent in Canadian dollars.
Depending on which exchange rate you know, choose Local units for each foreign unit or Foreign units for each local unit.
For example, if you know that $.8425 in the U.S. is equal to $1.00 in Canada, choose Local Units For Each Foreign Unit. That is, .8425 local units for each foreign unit.
In the Exchange rate field, type the exchange rate at the time you made the purchase, or exchanged cash at the bank.
In this example, you would type 0.8425.
The number in the amount field will then be converted to the local currency.
What about purchases made in a foreign currency with credit or debit cards?
If you made a purchase with a credit card, you can wait until you get your statement to make an adjustment. Usually, your bank will convert the amount of the foreign purchase for you so you can simply enter the purchase amount in your local currency.
Is there another way to convert a foreign currency?
Right-click the Total field, and then click Currency Converter on the menu.