While entering your expenses, you can select the reimbursement currency as well as the currency in which you incurred the expenses. The reimbursement currency is the currency in which you want your expenses to be reimbursed in.
By default, the reimbursement currency and the currency in which you incurred expenses will be the same. If you have incurred expenses in a foreign country, you can select the appropriate currency from the Amount field while entering your expense amounts.
In such a case, the system applies the exchange rate set up by your administrator when you enter the expense amount in the incurred currency. The system automatically calculates the total reimbursable amount and displays it in the reimbursement currency selected.
You may be able to change or override the exchange rate displayed in the Exchange Rate field.