The Currencies functionality in Supplyframe allows you and your suppliers to utilize a different currency. Your suppliers may price parts in their own currency within your BOM results, which Supplyframe can then convert to your default currency based on the specified exchange rate.
To set a default, update the currency settings, or exchange rates, hover over your profile photo in the top navigation bar and click on Currencies.
On the Currencies page, the Exchange Rates are based on 1 USD = other currencies. The services used to “Refresh” currency exchange rates are: https://currencylayer.com and https://openexchangerates.org.
Your default currency will show next to Exchange Rates at the top of the Currency page. Your default currency is what will be used within Supplyframe and sent to the suppliers. To change your current "Default Currency" setting, you can use the Search Currencies field to locate your desired default currency. For the appropriate desired country currency, click on a specific country's pushpin icon to "Set as Default Currency". This currency will now be marked as Default.
You can modify an exchange rate for any currency in its Rate column. Click on the specific currency and type in the updated rate. Then hit Enter to save.
To automatically update a rate from our "Open Exchange Rates" integration, check the box of the country's currency and click on Refresh Exchange Rates.