> ## Documentation Index
> Fetch the complete documentation index at: https://docs.spacebaseapp.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Currency conversion rates

> Review, import, and export individual and monthly average exchange rates.

Custom exchange rates are used for accounting and reporting when **Use custom conversion rate** is enabled in [Company accounting settings](/accounting/settings).

Open **Company > Company Settings > Currency Conversion Rates**. The summary shows counts and the latest available dates for **Individual Rates** and **Monthly Average Rates**.

## Choose the correct currency pair and period

The **Base** is the currency you are converting from; the **Target** is the currency you are converting to. The rate tells Spacebase how much target currency equals one unit of base currency. For example, a EUR-to-USD rate of **1.05** converts EUR 1,000 to USD 1,050. Reversing the currencies requires a different rate.

Individual rates are dated exchange rates. Monthly average rates provide a rate for a whole month when a calculation uses monthly averages. Check which kind your reporting process calls for before importing; the two lists serve different purposes.

## Individual rates

1. Click **View Individual Rates**.
2. Use **Showing rates for** to select a date.
3. Review the **Base**, **Target**, **Date**, and **Rate** columns.
4. Use **Export Currency Conversion Rates** to download the displayed date's rates.

If your company allows users to edit individual rates, you can click **Create Currency Conversion Rate**, or select a rate's row to edit it. Users with permission to manage company settings can also upload a CSV under **Import Currency Conversion Rates**.

The CSV must include these headers:

```csv theme={null}
base,target,date,rate
EUR,USD,2026-01-31,1.05
```

This example records USD 1.05 per EUR on January 31, 2026. Replace the illustrative rate with your organization's approved rate and use the currency pair and date your report needs.

## Monthly average rates

1. Return to **Currency Conversion Rates** and click **View Monthly Average Rates**.
2. Set the available filters and click **Filter** to review a specific set of rates.
3. Click **Export Rates** to download the filtered results.
4. To upload rates, click **Import Rates**, select your CSV, and click **Import**. This requires permission to manage company settings.

Monthly average imports use these headers:

```csv theme={null}
base,target,year,month,rate
EUR,USD,2026,1,1.05
```

<Note>
  Importing a rate for an existing currency pair and date, or an existing currency pair and month, replaces that rate. Export the relevant rates before an import if you need a copy of the previous values, and review the results afterward.
</Note>

If **Currency Conversion Rates** or the individual-rate edit controls are unavailable, ask your company administrator or Spacebase representative to check your configuration.