---
title: "Exchange Rates"
url: "https://help.tabidoo.cloud/en/article/exchange-rates"
language: "en"
last_updated: "2026-01-05T06:57:57.464Z"
---

# Exchange Rates

The **Exchange Rates** extension allows you to define and manage currency exchange rates, which can then be used in fields of type **Money with Currency**. This makes it possible to automatically work with multiple currencies in your applications.  
 

* * *

## How to Download and Install a Tabidoo Extension

There are two valid ways to open the **Tabidoo Extensions** catalog and install an extension into your application.

#### Option 1: Using *Add new table*

-   Click **Add new table** in the bottom-left corner of the application.
-   In the center of the screen, select **Add Tabidoo extensions**.
-   Choose the extension you want from the catalog and add it to your application.

#### Option 2: Using *Edit application*

-   Click on the **application name** at the top of the screen.
-   From the list, select **Edit application**.
-   Expand the **Application extensions** section.
-   Choose and install the desired extension from the available extensions.

Both methods lead to the same extensions catalog and can be used interchangeably.

* * *

## How It Works

-   **Activate the extension** – enable *Exchange Rates* in your application.

**Define exchange rates** – in the *Exchange Rates* table you can specify:

-   **Base currency**
-   **Destination currency**
-   **Valid from / Valid to** (period of validity)
-   **Exchange rate**

**Use in Money with Currency fields** – when creating a field of type *Money with Currency*, select the exchange rate provider:

-   **Exchange rates table (extension)** – uses values from your Exchange Rates table.
-   **Open exchange rate driver** – retrieves rates from an external provider.

![](https://cdn-assets.productfruits.com/28d3e5ef-8e46-43e2-a671-a7972fbfa0ca)

* * *

## Best Practices

-   Keep your exchange rates **up to date** by setting validity periods.
-   For testing or fixed conversions, you can define **manual rates**.
-   For production use, combine with an **automatic provider** (e.g., open exchange rate driver) for real-time accuracy.