Currencies and Exchange Rates

Settings – Currencies and exchange rates

Supported currencies

Abomate supports four currencies for contract costs:

Currency Symbol Description
EUREuro – default currency
USD$US Dollar
GBP£British Pound
CHFCHFSwiss Franc

Each contract can be recorded in a different currency – you are not limited to one.

Set default currency

Under Settings → General you can set your tenant's default currency. This currency is used for all summaries and analyses:

  • Dashboard KPIs and charts
  • Cost totals in the contract list
  • CSV export (converted column)
  • AI Chat answers

Exchange rates

Exchange rates are updated daily automatically from the European Central Bank (ECB) via the Frankfurt API (every day at 7:00 AM).

Important: Conversion is for display purposes only. The actual contract amount always remains stored in the original currency. Conversion is based on the current daily rate.
Tip: You can change the default currency at any time – all analyses adjust automatically.