web
You’re offline. This is a read only version of the page.
close
Skip to main content
Community site session details

Community site session details

Session Id :
Dynamics 365 Community / Forums / Small and medium business | Business Central, N... / Triangulation for Free?
Small and medium business | Business Central, N...
Suggested answer

Triangulation for Free?

(0) ShareShare
ReportReport
Posted on by john.ellis 3,500

Hi:

One of the four companies within the Business Central environment is a UK-based company.  The only other currency used in this environment besides GBP, of course, is USD.

Exchange rates through the European Central Bank are required.  But, that bank's base currency is the Euro -- not GBP.

So, in order to convert from USD to GBP, I imagine that some sort of triangulation is going to have to come into play.

Is there any way to allow for both this triangulation and the automatic updating of USD converted exchange rates to occur within Business Central for free?

Thanks!

John

I have the same question (0)
  • Suggested answer
    YUN ZHU Profile Picture
    YUN ZHU 92,077 Super User 2025 Season 2 on at
    RE: Triangulation for Free?

    Hi, you can use Automate Currency Exchange Rate Updates feature in BC, hope the following will help.

    https://yzhums.com/7341/

    Thanks.

    ZHU

  • Suggested answer
    MahGah Profile Picture
    MahGah 15,519 on at
    RE: Triangulation for Free?

    Hi

    I agree with Inge. It is easier to pull the direct exchange rate. You can use floatrate for this

    From the following link you can get XML link for the currency you need  www.floatrates.com/feeds.html

    This is the guideline to set Floatrate in BC  : www.innovia.com/.../how-automate-currency-exchange-rate-updates-business-central-nav

    or use the following free app

    appsource.microsoft.com/.../PUBID.hougaard-4699382|AID.openrates|PAPPID.362079c8-83e6-48cb-9099-7c19886bfcfa

  • Suggested answer
    Inge M. Bruvik Profile Picture
    Inge M. Bruvik 1,035 Moderator on at
    RE: Triangulation for Free?

    I think i would recommend you to find a bank in GB the publish the exchange rates for the GBP and pull the exchange rates from that source instead of using the ECB.

    Then you will avoid triangulation.

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

News and Announcements

Join experts in person to explore low code and AI agents at the Power Platform Community Conference sponsored by Microsoft

Quick Links

Responsible AI policies

As AI tools become more common, we’re introducing a Responsible AI Use…

Abhilash Warrier – Community Spotlight

We are honored to recognize Abhilash Warrier as our Community Spotlight honoree for…

Congratulations to the September Top 10 Community Leaders!

These are the community rock stars!

Leaderboard > Small and medium business | Business Central, NAV, RMS

#1
Nimsara Jayathilaka. Profile Picture

Nimsara Jayathilaka. 3,878

#2
Rishabh Kanaskar Profile Picture

Rishabh Kanaskar 3,405

#3
Sumit Singh Profile Picture

Sumit Singh 2,865

Last 30 days Overall leaderboard

Featured topics

Product updates

Dynamics 365 release plans