Managing finances across borders is hard. We break down how Finaps handles 150+ currencies with exchange rates refreshed every 6 hours.
In an increasingly global world, managing money in a single currency is the exception, not the rule. Expats, digital nomads, international students, and anyone who travels regularly needs a finance tool that handles multiple currencies natively. That's why multi-currency support is a first-class feature in Finaps, not an afterthought.
We support over 150 currencies, from major ones like USD, EUR, and GBP to less common ones like AZN (Azerbaijani Manat), GEL (Georgian Lari), and KZT (Kazakhstani Tenge). Exchange rates are refreshed every 6 hours from multiple reliable data sources, with fallback providers to ensure we always have current rates.
Each transaction in Finaps stores both its original currency and amount, plus the equivalent in your base currency at the time of the transaction. This means your reports are always accurate — a €50 dinner in Paris is recorded as €50, with the USD equivalent calculated using the exchange rate from that specific day, not today's rate.
Budgets can be set in any currency, and Finaps automatically converts spending from other currencies when tracking against your budget. If you set a monthly food budget of $500 but eat in euros while traveling, each euro transaction is converted at the daily rate and counted against your dollar budget.
One of the trickiest aspects of multi-currency finance is handling rounding. Different currencies have different decimal conventions — most use 2 decimal places, but some (like JPY and KRW) use 0, while others (like BHD and KWD) use 3. We handle all of these correctly, ensuring that your balances always add up to the penny (or fils, or sen).
For users who maintain accounts in multiple currencies, the net worth dashboard provides a unified view with everything converted to your base currency. You can see exactly how your wealth is distributed across currencies and track how exchange rate movements affect your total net worth over time.
We're also working on currency gain/loss tracking for investment-minded users, and smart alerts that notify you when exchange rates hit favorable levels for transferring between your accounts.