Masters

Exchange rates

Keep exchange rates by date, add them one at a time or in bulk, and understand how invoices look them up.

Invoice Hub converts every invoice to rupees using the exchange rates you keep under Masters → Exchange rates.

How a rate is chosen

Rates aren't published every day. Weekends, holidays and CBIC's notification cycle leave gaps. So an invoice uses the most recent rate on or before the invoice date, never a future one. On the invoice form the rate is filled in automatically, and the ↻ button looks it up again.

Note: If no rate exists on or before the invoice date, a rate of 1 is used and the invoice shows a warning that the INR figure is not meaningful. Add the rate, then edit and re-save the invoice.

Adding one rate

Click Add, choose the currency pair, date, rate and source.

Bulk import

Rates → Bulk import takes data pasted from Excel, RBI or CBIC, one rate per line:

USD,2026-04-01,83.12
USD,2026-04-15,83.40
EUR,2026-04-01,90.05
  1. Choose a default currency (used when a line has no currency), the convert to currency (usually INR) and the source (RBI, CBIC, Bank, Manual or Import).
  2. Paste the data and click Preview to check it.
  3. Click Import.

Which rate should you use? See Which exchange rate should you use on an export invoice?

Something unclear or out of date? Tell us.