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Exchange Rates

📋 Overview

Expense Tracker: Koala (“Koala”) supports multi-currency bills with exchange rate lookup and switching.


💰 What is the base currency?

The base currency is the main currency of your ledger. It is used for:

  • Displaying amounts across the app
  • Calculations in overview and statistics
  • Showing exchange rates relative to the base currency

🚀 Change the base currency

Option 1: From Currency Settings

  1. Open Expense Tracker: Koala and go to Settings
  2. Tap Currency settings
  3. Tap Base currency
  4. Select a new currency

Koala will refresh exchange rates and update amount display.

Option 2: From Ledger Details

  1. Open Ledger management
  2. Open the ledger details
  3. Tap Ledger currency
  4. Select a new currency

📊 Exchange rate list

You can:

  • Browse supported currencies
  • See rates relative to the base currency
  • Tap the refresh button to fetch the latest rates

💡 Tip:

  • Rates are fetched from the server via a third-party exchange-rate provider.
  • When offline, Koala uses cached rates.

💱 How exchange rates affect bills

  • Koala converts amounts using the current exchange rate.
  • If the exchange rate changes (for example after refresh), the converted display of historical bills may also change.
  • The original transaction amount is not changed.

🔄 Caching

Koala caches exchange rates to improve performance.

  • Cache is updated when you refresh rates or change base currency or ledger currency.

Last updated: May 2026