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Balance sheet shows wrong conversion rate

Diogo_RodriguesDiogo_Rodrigues Member Posts: 1

Hi Wave Help Team,
I live in the UAE and the local currency AED is pegged to the dollar at 1USD = 3.67AED. I have accounts in USD and AED. When I do my Balance Sheet for Dec 31st 2019 in USD it converts the local currency at a rate of 2.89 which is very far from 3.67. What should I do? When I go to XE.com I still see that at that date the conversion was still 3.67 so there's something not right with the conversion at that date.

Thanks for your help!

Kind regards,

Diogo

in Account Settings Technical Support

Comments

  • Kristian_GKristian_G Member Posts: 56 admin

    Hey @Diogo_Rodrigues,

    Would you be able to post a screenshot of some examples of the discrepancies you're seeing between USD and AED on your balance sheet? This will help me get a better idea of what the issue might be, as well as provide me with something that I can present to some of my colleagues to investigate if need be too.

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