All exchange rates in this application are expressed as a multiplier with respect to home currency.
Dated exchange rates are defined using an effective date and an associated
exchange rate. Each rate remains in effect either indefinitely or until the day
before the next effective date for that currency. The time between one effective date and
the next is called the exchange rate date range.
Org-wide exchange rates (one set of rates for all org-wide exchange rate companies in your org).
Company-specific exchange rates (this company has its own set of exchange rates).
The exchange rate mode is set on the company record. See Company Fields for more information.
Notes about org-wide exchange rates
You must have access to all the companies in the group of companies that use org-wide rates to be able to manage org-wide exchange rates.
If org-wide exchange rates already exist when you set a company to use org-wide rates, these rates can be automatically applied.
If relevant org-wide exchange rates already exist when you create a new accounting currency in a company that uses org-wide exchange rates, these rates can be automatically applied. A warning is displayed.
You can only edit org-wide exchange rates by the method described in Managing Exchange Rates. You cannot create or edit exchange rates in an org-wide exchange rates company by using the standard Salesforce interface.