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How does currency conversion in Funnel work?
How does currency conversion in Funnel work?

How you can manage currency conversions in Funnel automatically or manually

Nina Holtz avatar
Written by Nina Holtz
Updated over a week ago

If you have data in Funnel in more than one currency you have two options for converting this data to a common currency. You can either set the conversion rates manually or let Funnel do this for you. To manage Currencies in Funnel, go to "Currencies" in the lefthand navigation bar.

Automatic currency conversion

Having Funnel automatically convert currencies is the default option so you don't have to do anything to enable it.

The rates are fetched from and set on a monthly basis. The currency converter fetches the exchange rate the first day of each month and uses that for the remainder of the month. This keeps your conversion rates in Funnel stable and avoids having values changing over the course of a month.

The currencies listed on the currencies page are those used by your connected platforms. Should you wish to view your data in any other currency, you can simply add it and rates conversion will be handled automatically.

Manual conversion rates

If you want complete control of your conversion rates manual handling is the way forward. Set your conversion rates on a monthly basis, and update them as the rates change. For example, you might do this for a single currency, and let Funnel handle the rest automatically.

When setting the rates note the order the rate is applied, converting from original currency Euro to the display currency is done by dividing the rate, eg 15 Euro➗ 0.87 EUR/USD = 17.24 Dollars. The rate needs to be set for each original currency occurring in the Data Sources for each currency you want to be able to display in.

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