Exchange rate - reverse the base currency

Dynamics 365 Business Central/NAV User Forum
#1

Dear all ,

I need your suggestions about the following scenario:

1- we use 2 currencies :USD as LCY , Iraqi Dinaras ACY

2- common exchange rate is 1:1200 ( USD: IQD) :

3- in any transaction , we need to change the exchange rate we enter , 1 IQD = .000728 USD

this means exchange rate moves in .000001 , which cause huge differences in calculations .

Question is :

is there anyway to use exchange rate in reversed way , in other words :use 1 USD as a basis for exchange rate so enter it as :

1 USD = 1200 IQD for example ??

#2

Why you have use USD as LCY as your LCY is IQD ???

You need to use IQD as LCY and USD as ACY

#3

These are our company business rules, because most of our activities occurred in USD

#4

Hi, You can increase the denomination of conversion from 1 to 100 or greater in AX 2012. It will not cause the difference in Exchange rate calculation. Thanks.

#5

I use NAV 2009 [:D]