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Vincent Bartoloma 15Vincent Bartoloma 15 

How to calculate currencies ?

We do not maintain multiple currencies and we do not wish to do that at this time. What we would like to do is to provide our users with the ability to choose a currency from a picklist dropdown (Chosen Currency) and then to have a field (Calculated Revenue) calculated and displaying the revenue amount in that chosen currency.


It seems like I would be able to do this if I just have a currency table which I can reference which is maintained.


I've been looking into currency apps to maintain a table and they all seem to be based upon the notion that my org would be setup to manage currencies, which we are not.


Are we best off setting up to manage currencies even if we do not intend to have multiple currencies used just to have a currencies table created ? 

Freddie SimmonsFreddie Simmons
If you know the exchange rate, divide your current currency by the exchange rate. For example, suppose that the USD/EUR exchange rate is 0.631 and you’d like to convert 100 USD into EUR.To accomplish this, simply multiply the 100 by 0.631 and the result is the number of EUR that you will receive: 63.10 EUR. Converting EUR to USD involves reversing that process. Using the same example, if you took your 63.10 EUR and multiplied it by 0.631, you end up with the 100 USD you started with (https://www.newsmakers.com.pk/). 
If you don’t know the exchange rate, you can use the following currency conversion calculation to find it:
Starting Amount (Original Currency) / Ending Amount (New Currency) = Exchange Rate
For example, if you exchange 100 USD for 80 EUR, the exchange rate would be 1.25.
pandu ranga 8pandu ranga 8
hi 

https://www.asagarwal.com/step-by-step-guide-to-multiple-currencies-in-salesforce/
please check this link.