Does Hive9 support multi-currency?

Short Description Yes — Hive9 supports multiple international currencies and resolves foreign-currency transactions back to USD for unified reporting.

What this article answers

Which currencies are available.
How exchange rates are maintained.
How per-user defaults work.

The short answer

Yes. Hive9 supports multiple international currencies. Foreign-currency budgets and transactions are converted to USD using exchange rates maintained in your instance.

How currency setup works

Currency configuration lives in Settings → Currency.

A currency table controls which currencies are valid in your instance. Admins enable only the currencies your organization actually uses.
A universal conversion table stores exchange rates. Only users with edit permissions can update rates.
Each user can have a default currency assigned (for example, a German user defaults to EUR), set in their user profile.

[SCREENSHOT NEEDED — Settings → Currency table with multiple currencies enabled]

How exchange rates are maintained

Admins update exchange rates in the Currency Window by selecting a currency and entering the new rate.

You can choose between:

A single exchange rate per currency, updated periodically.
Monthly rates per currency, with two opt-in toggles:
- Use Monthly Actual Rates — applied to actual-cost calculations.
- Use Monthly Rates for Purchase Requests — applied to PR conversions.

Monthly rates let your finance team align Hive9's conversions with the rates your accounting system uses each period.

Adding a new currency

Go to Settings → Currency.
Click Add New Currency in the upper-right.
Pick the currency from the list.
Enter the exchange rate.

The currency immediately becomes available for selection on budgets, tactics, and purchase requests.

Removing a currency

Go to Settings → Currency.
Click the trash can icon on the currency row.
Confirm the prompt.

Note that removing a currency that's in use on existing records can produce reporting gaps — discuss with your CSM before removing a currency that has historical activity.

Per-user defaults

Each user has a Currency field on their profile (Settings → Users → user). Setting this defaults their new tactics and budgets to that currency, though they can still pick another currency per-record where the workflow allows.

Common questions

Are values stored in their original currency or in USD? Both. Each record stores its original currency and amount; Hive9 also resolves it to USD using the conversion table for reporting roll-ups.

What happens if the exchange rate changes mid-year? Records continue to use the rate that was active when they were created, unless your instance is set to Monthly Actual Rates — in which case the rate for the period applies.

Can a single tactic use multiple currencies? A tactic has one currency. If you need to plan across currencies, structure your plan with multiple tactics or use the multi-currency reporting view.