How multi-currency normalization works
Earn in USD, spend in baht, report in euros. Everything lands in one base currency at the real rate.
The whole point of Pro is that your money can arrive and leave in different currencies and still add up.
The method
Every invoice and expense keeps its original currency and amount. To show your totals in one place, Nomad Bro converts each item to your base currency using the real exchange rate for the day that item happened, not today's rate. This historical-rate approach is the standard, honest way to normalize multi-currency books: a payment you received in March is valued at March's rate, not whatever the rate is now.
Why this matters
If you earned EUR 800 on an invoice, your dashboard shows what that was worth in your base currency on that date. Your monthly income and profit and loss then reflect reality rather than the noise of daily FX swings.
Rates come from a public exchange-rate source and are cached per day so the same date and currency is only fetched once.
Frequently asked
- Does the converted value change over time?
- No. Each item is fixed to the historical rate on its own date, so past totals stay stable.