Each milestone on a savings initiative stores its own exchange rate, which oboloo uses to convert the milestone's savings into your base currency on the savings dashboard. This guide shows how to change that rate for one milestone.

Before you start

Only users with edit access to Savings, and edit rights on the savings record, can change a milestone's exchange rate. The rate only applies to savings recorded in a currency other than your base currency; for base-currency savings the field doesn't appear.

Where the rate comes from

When a milestone is created, oboloo copies the saving currency's current rate from Settings > Currencies and stores it on that milestone. If the rate on the Currencies page changes later, existing milestones keep the rate they were created with, so you can edit each one here. See Understanding Currency Conversion in oboloo Savings Management.

Change a milestone's exchange rate

Open the savings initiative

Go to Savings Management > Savings Initiatives and click the saving.

Open the Milestones tab

The Saving Milestones table lists every milestone on the saving.

Choose Edit

Click the milestone's Action menu (⋮) and choose Edit. The Edit Saving Milestone window opens.

Enter the new rate

In Exchange Rate Against Base Currency, enter how many units of the saving's currency equal one unit of your Base Currency, which is shown for reference. The rate is required and can't be zero.

Click Update Milestone

The new rate applies to this milestone only.

💡 Example: Your base currency is GBP and the saving is in USD. With a rate of 1.25, a milestone with $1,000 of realised savings adds £800 (1,000 ÷ 1.25) to the dashboard. Change the rate to 1.30 and it adds £769.23.

What happens next

  • The dashboard updates: the base-currency tiles and charts on Savings Initiatives are recalculated with the new rate, including realised savings from completed milestones.

  • The milestone's amounts don't change: its baseline spend and savings stay in the saving's own currency on the record, the Milestones tab and in exports.

  • Other milestones aren't affected: each milestone keeps its own rate.

Troubleshooting

I can't see Exchange Rate Against Base Currency

The saving is in your base currency, so no conversion is needed.

Edit is greyed out

You don't have edit rights on this savings record, for example because it's restricted to its Savings Owners. Ask an owner or an administrator.

I updated Settings > Currencies but the dashboard hasn't changed

Existing milestones keep the rate they were created with. Edit each milestone's Exchange Rate Against Base Currency to use the new rate.

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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.