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Currency conversion

When I went to Cancun, I charged/paid for things at different locations and at each location, there was a different exchange rate for the peso to USD. I would like to suggest a way to set the exchange rate for each item when doing a "trip" group. I ended up having to manually calculate the conversion and split it up each night for a group of 16.

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Naris Vipatapat shared this idea  ·   ·  Flag idea as inappropriate…  ·  Admin →
completed  ·  AdminSplitwise Support (-, Splitwise) responded  · 

Currency conversion is now included with our premium version, Splitwise Pro (https://secure.splitwise.com/pro/subscribe). Right now, it’s a web-only feature, but we hope to add it to our mobile apps in the future!

On the web, if you click on a friend or group in the left sidebar, then click the settings icon at the top of the right sidebar, you’ll see an option to convert all transactions with that friend/group to your default currency, using the current market exchange rate. You’ll also see a suggestion to convert currencies appear automatically when viewing a group with balances in multiple currencies.

Hope this helps a bit! We’d definitely like to continue improving multiple currency support over time – I can’t say how quickly that will happen, as we’re a very tiny team, but it remains on our to-do list for the future. If you have suggestions or feedback, feel free to comment on this post and let us know. Thanks!

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  • Lauren R commented  ·   ·  Flag as inappropriate

    If I owe my friend 20GBP and she owes me 20USD, we should be able to convert that to a single currency! A ‘convert into [choose currency] button on balances would really help. Otherwise we have to do all conversions first on a different app before we enter which wastes time.

  • Sergio Reyna commented  ·   ·  Flag as inappropriate

    I use it a lot traveling through Europe, sometimes One paid in Euros, others in Pounds and some others in Usd, MXN and also CZS Crowns.
    When offsetting and closing the bills, the app tell me how many $, €, £ every one owes, but we need to paid in MXN, so I need to convert manually each debt in each currency.

  • rajiv chaba commented  ·   ·  Flag as inappropriate

    Splitwise is a wonderful app... very useful specially when I travel with a group of friends...
    Adding expenses in multiple currencies is a great feature, however there should be an option to convert everything into single currency while settling up.
    This is not necessarily required at current exchange rates but any of the group members should be allowed to punch a (probably mutually discussed & agreed) conversion rate.
    Settling up in a single currency such as INR will be far more easier.

  • Peter Archer commented  ·   ·  Flag as inappropriate

    when travelling through multiple countries you incur costs in multiple currencies, however when it comes to settling up you only want to settle up in your home currency with all expenses converted back rather than having to settle up in multiple currencies

  • Inna commented  ·   ·  Flag as inappropriate

    When group trip is abroad part of expenses is made in one currency, another is in different. By the end settling is impossible in one currency, which is very inconvenient.
    Please consider to add option - set the balance in 1 currency (so we can use the exchange rate and don’t bother with different currencies)
    Thanks! That would improve your great program SO MUCH

  • Daniel Aguado commented  ·   ·  Flag as inappropriate

    currency conversion for all users, please!
    you should offer an option to calculate all the payments in the same currency, or only convert just one payment... The real problem is when you try to end the payments with your group partners and only appear a payment with a currency, but when you erase the payment (because i paid to my friend the amount), appear a new payment to the same person but with difeent currency

  • Lee McLean commented  ·   ·  Flag as inappropriate

    Can you select an option to pay what you owe in your home currency at an agreed exchange rate to avoid Having to make multiple payments. So even though you have been in a different country what you owe someone is all in tour home currency

  • Steve Forster commented  ·   ·  Flag as inappropriate

    On trips allow setting of a currency rate and conversion so all bills can easily be settled in one currency payment.

  • Anonymous commented  ·   ·  Flag as inappropriate

    When collecting cost items in various currencies, Splitwise can only show totals for each individual currency and you don’t know the total amount owed. It would be helpful if Splitwise could convert other currencies and show one total

  • Sienna commented  ·   ·  Flag as inappropriate

    With different currencies, I recommend adding a feature that allows you to equate the two currencies using a manual conversion rate. This would allow paying people back easier. For instance, on my last trip we paid both in jamaican and in USD currencies. When trying to pay people back we had to calculate by hand what the total amount we owe in USD is. When documenting our payments we couldnt just document how much USD we paid.

  • Elliot Graves commented  ·   ·  Flag as inappropriate

    When multiple currencies are owed as part of a group trip, they should be combined into one chosen master currency at a live market rate. This would it make it easier to settle without having to do conversions using third party converters and additional math.

  • Mariana Alcocer commented  ·   ·  Flag as inappropriate

    Allow for a function to change all currencies in a group to a single one with a quoted spot rate to avoid having multiple currencies and allow further simplifying of debts.

  • Kishan commented  ·   ·  Flag as inappropriate

    It's good if we can enter an exchange rate to convert all currencies to a single unit.

  • Srinivasa Rao Ippili commented  ·   ·  Flag as inappropriate

    Try to add an Option to use multiple currencies with in same group! This is very useful for International trips expenses sharing when you travel multiple countries having different currencies. With present version of Splitwise, it is not possible to change currency once you fix in the beginning.
    Also, integration of real time currency conversion (as an optional choice) would be helpful.

  • Jagir Jhaveri commented  ·   ·  Flag as inappropriate

    For international trip and payments in different currency, a currency converter would be a great add on. It could be either entering the rate manually or connected to Google but being able to do it in the app itself will save some time and steps.

  • Vadim Grechushkin commented  ·   ·  Flag as inappropriate

    Needs custom rate ASAP. Also, not sure if the decimal points go to enough significance. For example it says 1 COP = 0.0003 USD but it's actually 0.00035 which makes a big difference if it's actually rounded.

  • Jules Colle commented  ·   ·  Flag as inappropriate

    Great, but let us add our own custom rate please. Bank rate differs a lot from the official exchange rate. I really looked forward to the exchange rate function, but not that it's finally here I cannot use it because the THB > EUR rate states it's 38,9, while my bank uses 37,3 as an exchange rate.

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