Convert foreign currencies for investments

Tip: For easier reading, click    (above).

1  Enter your investment activity, leaving the Price field blank.
2  In the Total field, type the amount you spent or received in foreign currency.

For example, if you reside in the U.S., but purchased stock in Australia, you would type the amount you spent in Australian dollars.

3  Press the F8 key to display the Currency Converter dialog box.

The Foreign amount drop-down list will display the number you typed in the Total field.

4  In the Foreign currency drop-down list, choose the currency you are converting from.

If you are making a purchase in Australia, you would choose the Australian Dollar.

5  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 $1.00 in the U.S. is equal to $1.50 in Australia, choose Local units for each foreign unit.

6  In the Exchange rate box, type the exchange rate for the date the transaction took place.

In this example, you would type 1.50.

The number in the Total field will convert to the local currency, and the amount in the Price field will be entered automatically when you complete the transaction.

  

How do I update currency exchange rates?