View and Test Exchange Rates

Security Note: You need the Allow the user to view the Currency/Exchange Editor security right in the Menu user group security rights group for this activity.

Activity Steps

  1. Open the Currency/Exchange Editor.
  2. For standard exchange rates:
    1. Select the Exchange Rates tab.
    2. To view exchange rates:
      1. Select an exchange rate source.
      2. Enter the following search criteria in the Exchange Rate field group.
        • Start Date
        • End Date
        • Source Currency—Source currency unit for which to show the daily exchange rate details.
      3. Click Search or press F3.

        A column displays for each possible destination currency for each date in the period according to the Frequency.

    3. To test exchange rates:
      1. Enter the following search criteria in the Exchange Rate Test field group.
        • Start Date
        • End Date
        • Destination Currency
        • Operation—Method of evaluating the exchange rate over the previous month. Select from Average, Minimum and Maximum.
      2. Click Test.
  3. For forward exchange rates:
    1. Select the Exchange Rate Forward Curves tab.
    2. To view forward exchange rates for the selected forward curve series, in the Exchange Rate Forward Curves field group:
      1. Select a Start Date and End Date.
      2. Select the Display Mode. Select from:
        • View Rates (default)—The calculated exchange rates display.
        • View By Pip—The difference between the calculated exchange rates and the spot rates display.
      3. Click Search or press F3.
    3. To test the calculation of a forward exchange rate, in the Test field group:
      1. Select an Effective Date. Default: The current date if there is an exchange rate in the exchange rate series for that date, or the date with the last known exchange rate.
      2. Select a Forward Date for which to calculate the forward exchange rate.
      3. Click Test.

        The Number Of Days, Spot Exchange Rate, Source Interest Rate and Destination Interest Rate used to calculate the Forward Exchange Rate display. The interest rates are interpolated if required.