Wesplit knowledge base

Glossaries Term: FX Rates

  • How to Settle Multicurrency Debts

    How to Settle Multicurrency Debts

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    by

    dilix

    WeSplit makes it easy to track expenses in 160+ currencies, but how do you settle debts when everyone’s spending in different currencies? Here’s a quick guide on how to manage and settle your multicurrency balances seamlessly in WeSplit. Track Expenses in Multiple Currencies With WeSplit, you can effortlessly log expenses in over 160 different currencies,…

  • Where FX (Exchange Rates) coming from?

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    by

    dilix

    You need to have Plus subscription in order to convert balances into different currency during settle up. We fetch fx rates with “USD” base currency once a day from: https://www.exchangerate-api.com Even so we do daily updates ensure that you take your adjustments into consideration. Sometimes local FX rates under local condition could be different.