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Historical currency rates not being applied

Recently Quicken Home and Business Canada R22.35 has stopped utilizing the historical currency rates to view reports or portfolio view in past dates. It only uses the current rate for all dates. For example if I look at my US$ account at Dec 31 2019 it will show the balance in Canadian dollars to match today’s exchange rate. If I manually edit today’s rate it will change the Dec 31st (and any other previous date) to match that new rate. Even though the correct rate is listed in the historical rates quicken doesn’t use it. This started sometime in the last month. Anyone else having this issue?

Comments

  • Quicken_Tyka
    Quicken_Tyka Moderator mod
    Hello @IB1

    Thank you for taking the time to visit the Community to post your question, although I apologize that you haven't received a response.

    The documentation on this topic states:

    Quicken does not maintain historical currencies. It will convert everything to the latest exchange rate.

    https://www.quicken.com/support/how-do-i-download-currency-exchange-rates

    I cannot say what has changed this month as the article above was updated 04/23/2019.  What you have described appears to be working as designed.

    -Quicken Tyka
    ~~~***~~~
  • Chris_QPW
    Chris_QPW Member ✭✭✭✭
    @Quicken_Tyka

    Are you sure this is right/proper documentation for the Canadian version?

    The Canadian version of Quicken has much better support for currencies than the US version does. The US version only keeps the latest exchange rate, but the Canadian version maintains the history of exchange rates.

    Now I don't details of where those historical exchange rates are used in the Canadian version since I don't use it, so I can't comment on how it works in the portfolio view.
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  • IB1
    IB1 Member ✭✭
    I did some more digging and found:

    The Canadian version maintains a list of historical rates and will apply them to reports if the "Transaction Exchange rate" box is checked in the report settings. It does not seem to apply the historical rates in the portfolio view if you change the date to see my portfolio value in the past. It will use the current rate for all dates.

    I said this started to happen in the last month but I think it may have always been this way and it just became more apparent when the Canadian dollar dropped so drastically recently. It would be nice if quicken could apply the historical rates to the portfolio view.


    Thanks for replying.
  • Chris_QPW
    Chris_QPW Member ✭✭✭✭
    @IB1

    And thank you for digging into this and replying. There aren't that many people that use the Canadian Windows version and post me on here, so it is hard to determine exactly what is and isn't supported in it (for us US users. :smile: )
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  • Chris_QPW
    Chris_QPW Member ✭✭✭✭
    BTW you can submit this idea for people to vote on, which one way Quicken Inc takes suggestions. Select down arrow on the Ask a Question button on this forum and select New Idea.
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