Question - transactions between foreign currencies.

[John Ralls]

> On Feb 7, 2015, at 12:30 PM, Horea Christian <horea_christian at yahoo.de> wrote:
> 
> So the only way to do this is to look up the quote manually for the given date on google? That's a bit backwards, that gnucash won't do the division of the quotes automatically... I can't be the only one who uses more than 2 currencies. How do you guys usually handle this?
> 
> Also, if I am trying to input transactions from the past, will gnucash fetch the quotes for the respective dates?

No, GnuCash won’t fetch the past quotes, nor are any quotes, past or present, likely to be correct for your transactions, regardless of the date. That’s not how you should be entering transactions. Instead, when the transfer dialog pops up select “Debit Amount” and enter the actual amount in the other currency from your source document. GnuCash will calculate the correct rate from that. 

Regards,
John Ralls

> On Feb 7, 2015 6:42 PM, Mike Alexander <mta at umich.edu> wrote:
>> 
>> --On February 7, 2015 at 7:08:26 AM -0800 John Ralls 
>> <jralls at ceridwen.us> wrote: 
>> 
>>> Setting aside that you should be careful when using the quotes button 
>>> in the transfer dialog because the exchange rate that it provides 
>>> isn't necessarily what was effective for your transaction, can you 
>>> get RON <-> CHF rates online? 
>> 
>> Finance Quote knows how to do that: 
>> 
>> mta at bayswater /<3>darwin>bin/gnc-fq-dump currency RON CHF 
>> 1 RON = 0.2375 CHF 
>> mta at bayswater /<3>darwin>bin/gnc-fq-dump currency CHF RON 
>> 1 CHF = 4.2102 RON 
>> 
>> However, I think GnuCash only retrieves currency quotes against the 
>> default currency of the file so I don't think there's any way to get it 
>> to retrieve the quote you want. 
>> 
>>       Mike 
>> 
> 
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