Add the currencies your organisation trades in so you can use them on contracts, savings and sourcing activities. Each currency has an exchange rate against your base currency, which oboloo uses to convert amounts for reporting.

Before you start

Only users whose role has Create access to Currency can add currencies. To check your access, see Viewing Your Access Rights. Your base currency is already set up and can only be changed in Company Settings: see Base Currency Overview.

Add a currency

Open Settings > Currencies and click Add New Currency

The Add Currency panel opens.

Choose the Country

Only currencies you haven't added yet are listed. Currency Name, Currency Code and Currency Symbol fill in automatically. For example, United States gives US Dollar, USD and $.

Enter the Exchange Rate

Enter how many units of this currency equal 1 unit of your base currency. Decimals are allowed.

💡 Example: Your base currency is GBP and £1 buys $1.27. Enter 1.27 for USD.

Click Add Currency

The currency appears in the Currencies table and in currency lists across oboloo.

💡 Tip: You can also add a currency while filling in a contract, savings initiative or sourcing activity: open the currency list and choose New Currency. This needs Create access to Currency.

What happens next

Troubleshooting

The currency I need isn't in the Country list

It may already be in your Currencies table, or be your base currency. If it's genuinely missing, contact oboloo support.

My converted figures look far too high or too low

The rate is probably the wrong way round. It should be units of this currency per 1 unit of your base currency, not the other way round.

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📌 Need Further Help?
If you need further assistance, please contact your internal platform administrator for support. Otherwise please reach out to oboloo's support team. If you are unable to view the above area in the oboloo platform, please check your user permissions and access rights.