Because currencies continually fluctuate in value, you'll want to update your currency records periodically. If you record many transactions in other currencies, you may want to update the exchange rates for your currency records often -- every week, or even more frequently, depending upon the volatility of the currency and your desire for precision. These exchange rates will appear as default entries on your AccountEdge transactions. As with all default entries in AccountEdge, you can change the exchange rate on individual transactions. Likewise, when you reconcile your checking accounts, you can update the exchange rates assigned to your checks and deposits to reflect the rate used by your bank at the time the checks were cleared or the deposits were made.