Currency rate settings
In the Administration Console, manage the currency defaults, exchange rates, and conversion table for generating exposure views, running analyses, and viewing results.
You can specify project-level currency rate settings to override the global currency rate settings.
You can import currency rate settings from a .csv file and export currency rate settings to a .csv file.
| Parameters and Buttons | Description |
|---|---|
| Common buttons | Use these buttons (when applicable) and parameters to create and modify currency rate settings. |
| Currency Rate Table | The left column in the Currency Rate Settings pane
(not labeled) includes a list of currency rate tables. The Touchstone
Default rate table always exists and is not modifiable. To create your
own table, click  (Create new Exchange
Rate Set). When the new Custom Exchange Rate Set table appears, specify
the defaults, modify the table as needed, and then click Save. You can
rename the rate set in the Name field. |
|
Display Defaults |
This currency setting applies by default to all monetary values displayed
in the user interface. Touchstone
uses the selected currency conversion table to convert analysis currency values
to the default display currency. For example, you set the Display
Defaults to Pound Sterling and Euro-Based. When you view
the analysis results, the monetary values are displayed in Pound Sterling
(currency code is GBP). If the analysis defaults are set to something other
than pound sterling, Touchstone
converts the monetary values to pound sterling based on the pound sterling
rate. The *Saved Currency option in various panes in the user interface enables you to display exposures and results in the currency they were imported in or analyzed in respectively. |
| Analysis Defaults |
This currency setting applies by default when any analysis is run. For example, you set the Analysis Defaults to Swiss Franc and Euro-Based. When you configure a detailed loss analysis, the Analysis Management pane displays Swiss Franc and Euro-Based in the Currency & Rate fields. If you select a different currency and rate when you configure an analysis, the new currency and rate apply only to the analysis that you are currently configuring. Note: The currency and rate specified in the Default Loss Analysis
Template overrides the analysis defaults specified here. You can, of course,
modify the currency and rate setting when configuring a detailed loss
analysis.
|
| Name | This field displays the name of the selected currency conversion table. You can use this field to rename every table except for the AIR default table. |
| Base Currency | Select a base currency from the list. This is used as a basis (one unit) from which to convert one currency to another currency using the selected currency conversion table. While you can select any base currency, there can be only one per currency conversion table. |
| Rate | To modify a particular currency rate, click in the Rate cell for the currency rate you want to change, edit the rate, and then press Enter. A rate value must be a valid decimal value with a minimum value greater than "0". |
Refer to Historical events for more information.
To view the currency codes supported by Touchstone, log in to the Client Portal, navigate to the Touchstone Developer Zone, click the Touchstone Databases link (under Database Documentation), and then search for Currency Table. The Description field for the Currency Code column lists the ISO 3-character code for each currency.
Bulk copy/paste
To copy an entire currency rate set, select the set so that it appears in the pane, right-click in the pane, select Select All, right-click again, and then select Copy.
To paste the copied currency rate set into another set, select the other set so that it appears in the pane, right-click in the pane, and then select Paste.
You can also copy/paste to/from an Excel spreadsheet.