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Triangulation of currencies

Sage 200 holds exchange rates from foreign currencies to your base currency. It does not hold exchange rates between one foreign currency and another. If your bank account is in one foreign currency, and payment or receipt to the account is in another foreign currency, an overall conversion rate is calculated for the transaction, using triangulation of currencies.

In most cases, triangulation will be in comparison to your base currency, to determine the exchange rate to be used for the transaction. That is, the rate from each currency to your base currency will be amalgamated to produce an overall conversion rate that is then used to convert the transaction amount.

When a transaction involves a transitional euro currencyThis is a currency which has joined the euro but is in a period of transition. During a transitional period both the euro and the country's currency may be used to trade simultaneously., the conversion must always be via the euro. The rate from each currency to the euro will be amalgamated to produce an overall conversion rate. This rate is used to convert the transaction amount.


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