Overview of Financial Exchange Rates and Currencies

PPM can display cost data for entities such as projects and financial summaries in different currencies depending on the region with which each entity is associated. A particular entity can only be associated with one region at a time, meaning the entity's cost data displays in only one currency—either the region's local currency or the base currency used by the system. Financial exchange (FX) rates are used to calculate the exchange rates between a local currency and the base currency.

Note: Access to currencies, FX rates, and regions is controlled through access grants and security groups. For details on the security for currencies, FX rates, and regions, see the Security Model Guide and Reference.