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.
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!
Lee McLean commented
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
Satchee Dodhia commented
currency conversion for balances
Steve Forster commented
On trips allow setting of a currency rate and conversion so all bills can easily be settled in one currency payment.
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
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.
David Fine commented
Incorporate exchange rates for people traveling in foreign countries.
Elliot Graves commented
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
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.
It's good if we can enter an exchange rate to convert all currencies to a single unit.
Srinivasa Rao Ippili commented
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
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
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
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.
Donald Blake commented
Convert expenses paid in different currencies to the 'home currency'. Useful if on holiday and things are paid for in different currencies. Can choose to convert using fx rate at time of expense incurred, or at time of settling up. Set up partnership with recognised fx provider (XE) for accuracy.
- It is terrible that currencies can't merge. I use splitwise for trips and travels where we spend both DKK and EUR. What i get from splitwise is two separate calculations. Examples: I owe my friend 10 EUR, and he owes me 50 DKK. Please just calculate the total. And add the function to customize the rate, so that it fits the bank's rate, and not just the standard rate.
- It sucks that I have to scroll for my currency. Just add "favorite currency", "recent currency" and "default currency" functions.
Andrew Rasmussen commented
Rich Bradish commented
Add the ability to track the interbank rate so that expenses can all be converted into one settlement currency (e.g. GBP) from multiple expense actual currencies : e.g. GBP, USD, EUR
PIYUSH VERMA commented
Facing the same issue here in thailand...Something like this would make it a lot easier.
Axel Suppantschitsch commented
Please integrate instant currency conversion directly into the iPhone app. I would like to see the consolidated debts (no matter how many currencies used on a trip) of my friends immediately after I entered it. We all want to see on the go how much the trip is for each of us in our home currency. I would be happily paying for a "pro" app. I hardly use the web interface though...