)
)
Managing projects across multiple currencies just got a whole lot easier.
We’re excited to introduce Custom Exchange Rates — a new way to bring more control, consistency, and predictability to your multi-currency setup.
Until now, exchange rates automatically followed daily market values. While that works for many teams, finance and accounting processes don’t always move at the same pace as the market. Exchange rates can fluctuate daily, creating inconsistencies between project budgets, invoices, forecasts, and internal reporting.
With Custom Exchange Rates, you can now set your own exchange rate values directly in Teamwork.com.
More control over your financial operations
Your finance team already has established accounting practices, reporting standards, and internal guidance. Now your project operations can align with them more closely.
With this update, you can:
Set your own exchange rates for supported currencies
Maintain stable financial reporting across projects
Reduce the impact of daily market fluctuations
Align project budgets and invoicing with internal accounting practices
Keep forecasting and profitability tracking more predictable
We’ll still display daily market exchange rates for reference, so you always have visibility into current rates — but the final decision is now yours
)
Built for real-world finance workflows
Currency volatility can create challenges for teams managing international clients, distributed teams, or long-running projects. Custom Exchange Rates gives you the flexibility to honour guidance from your finance department without constantly adjusting your operational workflows.
Whether you lock rates monthly, quarterly, or by project, you can now work with exchange values that make sense for your business
)
Predictability without losing visibility
This feature is designed to balance flexibility with transparency. You’ll continue to see live market exchange rates alongside your custom values, helping teams stay informed while maintaining financial consistency where it matters most.
The result? More accurate reporting, smoother collaboration between operations and finance teams, and greater confidence in your numbers.
Custom Exchange Rates is now available for multi-currency setups. If your team works across regions, clients, or currencies, this update gives you greater confidence and control over how your financial data is managed every day.
)
)
)
)
)
)
)