---
title: Currencies and exchange rates
description: Work in several currencies, record exchange rates by source or use the free daily feed, and post period-end revaluation gains and losses.
url: https://docs.tryaxo.com/fx-rates/
updated: 2026-10-04
---

# Currencies and exchange rates

*Work in several currencies, keep exchange rates up to date, and revalue at period end.*

Your books stay in your base currency, but you can invoice, pay and hold bank accounts in others. Turn on each currency you use in **Banking › FX rates**. Multi-currency is included from the Standard plan.

**Keeping rates current**

Record a rate with its source — the central bank, a commercial bank, or your own — or connect the free exchange-rate feed, which updates every day and needs no setup.

**Revaluation**

At the end of a period, run a revaluation to restate foreign-currency balances at the closing rate. AXO posts the gain or loss to the ledger.