Workspace Multi-Currency Operations

Created by Jay Geeth, Modified on Mon, 10 Jun at 11:35 AM by Jay Geeth

Cryptoworth requires that the workspace to have at least one primary currency and a secondary currency for reporting. All balances and transaction values are reported in the primary currency. Therefore consolidated reports are always calculated and reported in the primary currency.

FX rates are fetched directly via our trusted vendor:https://exchangeratesapi.io/. The parameters we send are the date in YYYY-MM-DD format followed by quote currency and base currency. A sample call has been shown below for testing if necessary. This call is ONLY triggered if the transaction has a fiat currency that does not match the workspace's primary currency. 


https://api.exchangeratesapi.io/2023-06-10?symbols=USD&base=THB&access_key=<hidden_for_privacy>

Response: 

{"success":true,"timestamp":1686441599,"historical":true,"base":"EUR","date":"2023-06-10","rates":{"USD":1.076537}}


For vendor related information, please see:

https://exchangeratesapi.io/documentation/

Refer the "Historical Rates Endpoint" section.

Please refer the Vendor FAQ here:
https://exchangeratesapi.io/faq/

Custom FX sources are available on request. All the prices can be manually overridden if necessary. 

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