Multi-Currency Account Management Guide

PopaDex can keep ongoing financial records in their original currencies on Premium and present a combined reporting view. Standard is designed for manual records in one consistent currency; an initial-account exception does not make Standard an ongoing multi-currency plan.

This guide explains the workflow and its limits. It does not promise a particular exchange-rate source, refresh interval, institution, account type, or historical-data depth.

Choose a Reporting Currency

Use the currency in which you normally review household wealth, make plans, or report results. This is a display and comparison choice; it does not change the currency of the underlying account or asset.

For a reliable monthly review:

Pick one review date.
Record each balance in its original currency.
Check the balance date shown by the source institution.
Review the combined reporting value and any rate or timestamp shown in the product.
Keep statements or exports as the source record.

Currency conversion creates a reporting estimate. It is not a trade, a bank transfer, a certified valuation, or a tax calculation.

Add Accounts Manually

Manual entry is the reliable baseline for bank accounts, investments, property, pensions, businesses, and debts.

On Standard, keep manual records in one consistent currency.
On Premium, ongoing records can retain their original currencies.
Enter the source balance and date rather than estimating from memory.
Update the record when you conduct the next review.

PopaDex does not move money or convert holdings. If you exchange funds at a bank or broker, record the resulting balances after the transaction has settled.

Use an Optional Connection

Premium can add a connection where the provider supports the exact country, institution, and account type. Coverage and refresh behaviour vary, so a provider-listed market is not proof that every account at every institution will work.

Before relying on a connection:

Confirm the exact institution and account type.
Connect one account first.
Compare the returned balance, currency, and date with the institution statement.
Keep a manual record for anything unsupported.

There is no universal real-time, daily-refresh, or complete-history promise.

Understand Currency Effects

A reporting-currency total can change for two separate reasons:

the original account balance changed; or
the conversion rate used for the reporting view changed.

For example, an unchanged GBP balance can produce a different EUR reporting value when the applicable GBP/EUR rate changes. That does not mean cash entered or left the account.

Use the original-currency record when reconciling the source balance. Use the combined view for directional household reporting, then check the displayed rate and date before making a decision from it.

Historical Records

Keep dated records consistently if you want to compare net worth over time. Do not assume that a new connection will recreate complete prior history.

When moving from another app or spreadsheet:

preserve the original export;
reconcile one current snapshot across all assets and debts;
record the date and currencies used; and
continue with future dated records in PopaDex.

There is no verified native import for another product’s transactions, categories, budgets, or balance history. Review the migration compatibility matrix before using any CSV route.

Practical Review Checklist

Are all balances from the same review date, or clearly labelled otherwise?
Does each record preserve its original currency?
Do debts use the correct sign and outstanding balance?
Does the combined reporting view show the expected currency?
Have you checked any connected balance against its source statement?
Have you kept evidence for tax, lending, or regulatory reporting outside the tracker?

Important Limits

PopaDex is a net-worth tracker. It does not provide foreign-exchange execution, investment-performance attribution, tax filing, regulatory reporting, or individual financial advice. Exchange-rate gains and losses can have tax consequences; consult a qualified professional for the rules that apply to you.

For plan boundaries, see pricing. For a first setup, see Getting Started with Multi-Currency Tracking.