Convert local currencies
To convert local currencies, you need the Archipelago Intelligence package.
If you have property information in multiple currencies, your account manager can help manage exchange rates in your portfolio as part of the initial onboarding process. This ensures all your property values correctly convert to the display currency on platform.
But if you'd like to manage exchange rates yourself, you can edit one or more properties and update the following attributes:
- Valuation currency—The local currency of the property.
- Exchange rate—The exchange rate you want to use to convert the property's valuation currency to the organization's display currency.
- Any property valuation attribute, such as TIV.
Archipelago uses the exchange rate you provide to convert property valuations to the display currency of the organization.
Updated 03 Mar 2023