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Learn how to manage multiple currencies and perform manual conversions in FundStat.
For simple accounts with cash and auto-conversion enabled, manual currency conversion is not required. The app handles everything for you:
Deposits and withdrawals are only possible in the wallet's base currency.
All transactions (Buy, Sell, Dividends) are automatically converted to and from the base currency using real-time exchange rates.
In Simple (Cash) and Detailed accounts, you have full control over your cash balances in different currencies. This means you might need to manually convert currency to avoid negative balances.
If you buy an asset in a currency you don't currently hold, your balance for that currency will become negative. This represents a 'loan' from your broker, which is common in margin accounts but might not be what you intended.
Currency conversion in FundStat is handled exactly like buying or selling any other asset. You use currency pairs as the symbol.
Example Search:
US Dollar/Polish Zloty FX Spot Rate
FOREX
If you can't find 'PLNUSD', use 'USDPLN' and perform the opposite operation.
If you encounter any issues with currency conversion or have questions about how it works, our support team is here to help.