Skip to content
  • There are no suggestions because the search field is empty.

How Does Yeeld Handle Different Currencies?

Learn how Yeeld handles multiple currencies, how exchange rates are used for your account overview, and why insights and AI always keep different currencies separate.

How Are Currency Exchange Rates Calculated?

Your Yeeld GBP Account operates exclusively in Pounds Sterling (GBP).

However, if you've connected third-party accounts through Open Banking, some of those accounts may hold balances in other currencies.

Yeeld is designed to handle these accounts in a way that keeps your financial information as accurate as possible.

Aggregated Account Balances

On the Home and Accounts screens, Yeeld displays an aggregated view of all your connected account balances.

If some of those balances are held in foreign currencies, we use a live exchange rate to convert them into GBP.

This allows us to provide an estimated total value of all your connected accounts in a single currency.

These conversions are:

  • Based on current exchange rates
  • Intended as an estimate only
  • Designed to give you an overall view of your finances

Because exchange rates change throughout the day, these values should not be considered exact.

Transaction Insights

Individual transactions are not converted into another currency.

This is because we do not hold the exact exchange rate that applied at the time each transaction was made.

Instead, transactions remain in their original currency to ensure your spending insights remain accurate.

Penny AI

Penny AI treats each currency separately.

If you ask Penny about your finances across multiple currencies, she'll break down the information by currency rather than combining everything into a single total.

This helps avoid misleading insights that could be affected by fluctuating exchange rates.

Spending Insights

Your spending insights also keep currencies separate.

Where applicable, you can choose a specific currency to view aggregated insights for that currency only.

This ensures your reports and trends remain meaningful and aren't distorted by currency conversion.

In Summary

Yeeld uses live exchange rates to provide an estimated GBP value for your total connected account balances.

However, individual transactions, Penny AI insights and spending reports always keep different currencies separate to provide the most accurate and meaningful view of your finances.