Miscellaneous
FX Rates
Converts amounts into your home currency at the European Central Bank's daily rates. Listed as FX Convert when you drag from a port.
| Port | Side | What it carries |
|---|---|---|
amounts | In | A number, or dated records, in a foreign currency. Leave it empty and the component gives you the rate itself. |
converted | Out | The same records or number in your home currency, with each row's original currency kept for risk. |
What you choose
Two things: the currency you report in, and how history is converted.
- Home — your reporting currency, set on the card beside the rate board.
- Conversion method — the caption under the board, once something is wired in.
| Method | What it keeps exact | Best for |
|---|---|---|
| Historic amounts | Each amount, at its own day's rate. Balances drift. | Statutory reporting; reconciling what you banked. |
| Historic balances | Each balance, at its own day's rate. Amounts drift. | The position you held on each date. |
| Current rate | Nothing historic — everything at today's rate. | Analysis and forecasting; periods compare without currency noise. |
If unsure, use Current rate. Where the data makes a method a poor fit, it is shown dimmed but still yours to pick.
What Fluidly decides
The data says what currency it is in, and Fluidly listens.
- Records that name their currency — each row is converted from its own currency. A Sum of a SEK, a EUR and a USD account comes out in one currency, row by row.
- Records or a number that do not — you say what they are in: a Quote choice appears on the card beside Home. It disappears whenever the data answers the question for you.
- Nothing wired in — the component is a source of its own: today's rate as a number, and a year of daily rates as records you can chart or calculate with.
If something is wired in but sends nothing usable, nothing goes out. Fluidly never passes a bare exchange rate off as converted money.
Currency risk
Every converted row remembers the currency it came from and how much that rate tends to move. A Forecast downstream uses this to widen its fan for foreign-currency invoices — more for the ones paid later — and Value at Risk can be hung straight off the converted port.
Example
ERP (unpaid invoices) → FX Rates (home SEK, Current rate) → Forecast → Timeline: supplier invoices in EUR and USD forecast in kronor, with a fan that is wider where the currency exposure is.