> For the complete documentation index, see [llms.txt](https://docs.udara360.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.udara360.io/core-features/operations/multi-currency/currency-rate.md).

# Currency Rate

The Currency Rates page enables administrators to manage and monitor exchange rates for different currencies within the banking system. This interface allows for the creation, viewing, and modification of currency exchange rates, including buy, sell, and average rates.

### Accessing the Currency Rates Page

1. Log into the Core Banking Application.
2. Navigate to **Operations** in the left sidebar.
3. Click on **Multi-Currency.**
4. Select **Currency Rates** from the submenu.

## Page Features and Functions

### Create New Currency Rates

1. Click the "**Add**" button at the top of the page.
2. In the **"Create Currency Rate"** modal:
   * Select **Currency Code** from the dropdown.
   * Enter Buy Rate
   * Enter Sell Rate
   * The system calculates the Average Rate automatically.
3. Click "**Save**" to confirm or "Cancel" to discard changes.

### **Add New Currency Rates**

1. Click the "**Add**" button.
2. Complete the required fields:
   * Choose Currency Code
   * Input **Buy Rate**
   * Input **Sell Rate**
   * Review Average Rate calculation

**Modifying Existing Rates**

1. Locate the currency rate entry.
2. Click the action menu (**⋮**) in the **Actions** column.
3. Click on **Modify.**
4. Make necessary modifications.
5. Click **Save** to apply changes.