Conversion Rate

Crispin Llamado's Avatar

Crispin Llamado

25 Jul, 2022 09:03 AM

Philippine peso and US dollar has the same value in the "translate currencies". The present conversion is about 55PhP to 1USD.
Is there anything I can do to correct this? The other currency conversion factors seem to make sense. It is only the US$ that is pegged to the Philippine Peso (1:1)...

  1. 1 Posted by derekkent23 on 25 Jul, 2022 01:16 PM

    derekkent23's Avatar

    I am not support staff, just a user.
    Hi Crispin

    Moneydance can’t covert currencies unless it has the relevant up to date exchange rates.
    I ensure exchange rates are updated by using the extension Quote Loader.
    Try the extension Quote Loader under EXTENSIONS – MANAGE EXTENSION
    For information on the features of this extension and how to use see post 259 at
    https://infinitekind.tenderapp.com/discussions/investments/4914-the...
    Download the PDF’s attached to post 259 and have a read.
    To update currency exchange rates using Quote Loader tick “Process Currencies”. For a currency to be listed under “Ticker” symbols it must be selected in Moneydance to “Show on summary page” under TOOLS – CURRENCIES select currency - EDIT.
    Select source a Yahoo HD.
    Let us know how you get on or if you need help just post.

    Hope this helps.

  2. System closed this discussion on 24 Oct, 2022 01:20 PM.

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