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Currency administration

Currency administration

Currency fields provide features for handling display and calculations of currency values.

A currency field holds a value, a currency code, and a reference currency value.

  • The currency code is a three-letter ISO code that identifies the currency in which the value is specified.
  • The reference currency value is a number representing the currency value in the reference currency. The reference currency value is calculated by a rate conversion when the currency value is saved.

A price field is similar to a currency field, but with special features for conversion and display. To learn more, see Price fields.