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Multi-Currency

Handle expenses in any currency with automatic conversion and live exchange rates. Built for global teams whose employees travel and spend worldwide.

Card statement lines matched to expenses in the Masraff app. People, companies and amounts are sample data.

Card statement lines matched to expenses in the Masraff app. People, companies and amounts are sample data.

How It Works

Multi-Currency

Masraff's multi-currency support enables you to create expense records in over 160 currencies with automatic exchange rate conversion. With hourly updated rates, your expenses are always reported at current values.

Masraff pulls data from over 10 central banks and exchange rate sources, allowing you to use your company's preferred rate source. Historical rate application uses the actual exchange rate on the expense date.

In multi-currency reports, all expenses are automatically converted to the company's base currency. Exchange rate difference calculations are automatically processed during accounting integration. Increase the reliability of your financial reports with 99.99% exchange rate accuracy.

Currencies
160 +
Rate Updates
Hourly
Rate Sources
10 +
Accuracy
99.99 %

01

Live Exchange Rates

Automatic rate updates from multiple sources including Central Banks.

The expense list in the Masraff app. People, companies and amounts are sample data.

Free Trial

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Key Features

Capabilities

  • 160+ Currencies

    Support for all major and minor currencies, including cryptocurrencies.

  • Historical Rates

    Apply exchange rates from the transaction date for accurate reporting.

  • Multi-currency Reports

    View reports in original currency, reporting currency, or both.

  • Rate Override

    Allow manual rate entry for credit card rates or negotiated rates.

  • Gain/Loss Tracking

    Automatic calculation of currency gain/loss for accounting purposes.

Benefits

Common Use Cases

  • International travel
  • Global operations
  • Multi-subsidiary companies
  • Foreign vendor payments
  • Cross-border projects
  • Consolidated reporting

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FAQ

Frequently Asked Questions

How many different currencies does Masraff support?

Masraff supports creating expense records in over 160 currencies. USD, EUR, GBP, SAR, AED, and all world currencies are included. Expenses are automatically converted to your company's base currency.

How and how often are exchange rates updated?

Masraff pulls current rates hourly from over 10 central banks and rate sources. Your company can choose its preferred rate source (TCMB, ECB, Reuters, etc.). The actual exchange rate on the expense date is automatically applied.

How are exchange rate differences handled in accounting?

Masraff automatically processes exchange rate difference calculations during ERP integration. The difference between the rate on the expense date and the accounting date is automatically recorded to the relevant exchange rate difference accounts. The need for manual calculation and correction is eliminated.

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