--- title: Currency in Rackbeat description: In Rackbeat, it is possible to manage multiple exchange rates. Currencies can be created manually and selected on sales and purchases. --- [Skip to content](https://helpdesk.rackbeat.com/knowledge/ht-00155#main-content) - [English](https://helpdesk.rackbeat.com/knowledge/ht-00155) - [Dansk](https://helpdesk.rackbeat.com/da/knowledge/ht-00155) - [Norsk – Norge](https://helpdesk.rackbeat.com/no-no/knowledge/ht-00155) - [Svenska](https://helpdesk.rackbeat.com/sv/knowledge/ht-00155) English Show submenu for translations [Contact us](https://helpdesk.rackbeat.com/knowledge/kb-tickets/new?hsLang=en) Open main navigation Close main navigation - - [English](https://helpdesk.rackbeat.com/knowledge/ht-00155) - [Dansk](https://helpdesk.rackbeat.com/da/knowledge/ht-00155) - [Norsk – Norge](https://helpdesk.rackbeat.com/no-no/knowledge/ht-00155) - [Svenska](https://helpdesk.rackbeat.com/sv/knowledge/ht-00155) English Show submenu for translations - [Contact us](https://helpdesk.rackbeat.com/knowledge/kb-tickets/new) - [AI Chat](https://chat.applai.io/chatbot/W5EFe14XJ8mW0OlrIzTS) [AI Chat](https://chat.applai.io/chatbot/W5EFe14XJ8mW0OlrIzTS) How can we help you? - There are no suggestions because the search field is empty. 1. [Helpdesk](https://helpdesk.rackbeat.com/knowledge?hsLang=en) 2. [GETTING STARTED / SETUP](https://helpdesk.rackbeat.com/knowledge/getting-started-setup?hsLang=en) 3. [General Setup](https://helpdesk.rackbeat.com/knowledge/getting-started-setup?hsLang=en#general-setup) # Currency in Rackbeat ## In Rackbeat, it is possible to manage multiple exchange rates. Currencies can be created manually and selected on sales and purchases. ### Table of Contents - [Create new currency](https://helpdesk.rackbeat.com/knowledge/ht-00155#Createnew) - [Delete currency](https://helpdesk.rackbeat.com/knowledge/ht-00155#Deletecurrency) - [Set fixed exchange rate](https://helpdesk.rackbeat.com/knowledge/ht-00155#fixedexchange) - [FAQ](https://helpdesk.rackbeat.com/knowledge/ht-00155#FAQ) --- ### Create new currency By default, **DKK, NOK, SEK, EUR, GBP, and USD** are set up in Rackbeat. If you, your customers, or your suppliers trade in other currencies than the default ones, you can add them on the **Currency page** under *Company Settings*. 1. Hover over your name and company name in the top right corner, and select **Company Settings**. 2. Click on **Currency** in the menu on the right to open the currency setup page. 3. Click the **Create new** button to add additional currencies, and choose from the list. All supported currencies are listed in **ISO 4217 format** (e.g., JPY = Japanese Yen, CHF = Swiss Franc, etc.). --- ### Delete currency 1. Hover over your name and company name in the top right corner, and select **Company Settings**. 2. Click on **Currency** in the menu on the right to open the currency setup page. 3. Click the **trash can icon** next to the currency you want to remove, and confirm to delete the exchange rate. --- ### Set fixed exchange rate 1. Hover over your name and company name in the top right corner, and select **Company Settings**. 2. Click on **Currency** in the menu on the right to open the currency setup page. 3. In the input field under **Rate**, enter the new fixed rate and press **Enter** on your keyboard. You will now see that **Fixed exchange rate** is set to *Yes*. To remove the fixed value again, click the **synchronization icon** (![Sync ](https://cdn-icons-png.flaticon.com/128/3031/3031712.png)) in the input field, and the currency will automatically update again. ### ![image-png-Aug-28-2025-01-55-11-2416-PM Valuta i Rackbeat 3](https://helpdesk.rackbeat.com/hs-fs/hubfs/image-png-Aug-28-2025-01-55-11-2416-PM%20Valuta%20i%20Rackbeat%203.webp?width=610&height=271&name=image-png-Aug-28-2025-01-55-11-2416-PM%20Valuta%20i%20Rackbeat%203.webp) --- ### FAQ **When is the exchange rate locked?** - The exchange rate on invoices, orders, and quotes is set at the time of creation. **Is it possible to change the default currency?** - You choose a default currency when you create your Rackbeat account – this cannot be changed or deleted afterwards. **Where does the exchange rate come from, and how often is it updated?** - Rackbeat retrieves exchange rates from [https://fixer.io/](https://fixer.io/) and updates them **four times daily**. - [GETTING STARTED / SETUP](https://helpdesk.rackbeat.com/knowledge/getting-started-setup?hsLang=en#main-content) - [For new agreements](https://helpdesk.rackbeat.com/knowledge/getting-started-setup?hsLang=en#for-new-agreements) - [General Setup](https://helpdesk.rackbeat.com/knowledge/getting-started-setup?hsLang=en#general-setup) - [Add-ons](https://helpdesk.rackbeat.com/knowledge/getting-started-setup?hsLang=en#add-ons) - [Sales](https://helpdesk.rackbeat.com/knowledge/getting-started-setup?hsLang=en#sales) - [Products](https://helpdesk.rackbeat.com/knowledge/getting-started-setup?hsLang=en#products) - [Purchasing](https://helpdesk.rackbeat.com/knowledge/getting-started-setup?hsLang=en#purchasing) - [TIPS & TUTORIALS](https://helpdesk.rackbeat.com/knowledge/tips-tutorials?hsLang=en#main-content) - [Export](https://helpdesk.rackbeat.com/knowledge/tips-tutorials?hsLang=en#export) - [Import](https://helpdesk.rackbeat.com/knowledge/tips-tutorials?hsLang=en#import) - [Rackbeat](https://helpdesk.rackbeat.com/knowledge/tips-tutorials?hsLang=en#rackbeat) - [Reporting](https://helpdesk.rackbeat.com/knowledge/tips-tutorials?hsLang=en#reporting) - [Frequently asked questions](https://helpdesk.rackbeat.com/knowledge/tips-tutorials?hsLang=en#frequently-asked-questions) - [RACKBEAT MOBILE APP](https://helpdesk.rackbeat.com/knowledge/rackbeat-mobile-app?hsLang=en#main-content) - [Sales](https://helpdesk.rackbeat.com/knowledge/rackbeat-mobile-app?hsLang=en#sales) - [INTEGRATIONS](https://helpdesk.rackbeat.com/knowledge/integrations?hsLang=en#main-content) - [Integration partners](https://helpdesk.rackbeat.com/knowledge/integrations?hsLang=en#integration-partners) - [Shopify](https://helpdesk.rackbeat.com/knowledge/integrations?hsLang=en#shopify) - [Woocommerce](https://helpdesk.rackbeat.com/knowledge/integrations?hsLang=en#woocommerce) - [Shipmondo](https://helpdesk.rackbeat.com/knowledge/integrations?hsLang=en#shipmondo) - [Webshipper](https://helpdesk.rackbeat.com/knowledge/integrations?hsLang=en#webshipper) - [Legacy integrations](https://helpdesk.rackbeat.com/knowledge/integrations?hsLang=en#legacy-integrations) - [The Rackbeat | e-conomic integration](https://helpdesk.rackbeat.com/knowledge/the-rackbeat-e-conomic-integration?hsLang=en#main-content) - [Valuation](https://helpdesk.rackbeat.com/knowledge/the-rackbeat-e-conomic-integration?hsLang=en#valuation) - [FAQ](https://helpdesk.rackbeat.com/knowledge/the-rackbeat-e-conomic-integration?hsLang=en#faq) - [Installation & settings](https://helpdesk.rackbeat.com/knowledge/the-rackbeat-e-conomic-integration?hsLang=en#installation-settings) - [Your Rackbeat agreement](https://helpdesk.rackbeat.com/knowledge/your-rackbeat-agreement?hsLang=en#main-content) - [Billing](https://helpdesk.rackbeat.com/knowledge/your-rackbeat-agreement?hsLang=en#billing) - [Account](https://helpdesk.rackbeat.com/knowledge/your-rackbeat-agreement?hsLang=en#account) - [Other](https://helpdesk.rackbeat.com/knowledge/your-rackbeat-agreement?hsLang=en#other) Rackbeat Helpdesk [Go to rackbeat.com](https://rackbeat.com/en/)         [Contact us](https://helpdesk.rackbeat.com/en/knowledge/kb-tickets/new?hsLang=da)