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What Exchange Rates are used?
What Exchange Rates are used?

This article explains what exchange rates are used in Kolleno.

Ron Danenberg avatar
Written by Ron Danenberg
Updated over 7 months ago

If you're wondering about the exchange rates used in the dashboard, statistics, and reports, Kolleno uses the official European Central Bank rates.

Regarding payments, you can only pay in the currency of the invoice. If a rate is used during the payment (for example if the customer uses a foreign card), it would be the payment service provider who does the conversion.

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