Application of currency rates
Currency rates are used in various places in the application.
For clarification on how currency rates are applied:
Program Limits: Program limits are saved in the currency that is specified at program level in the “Save Terms In” currency. When you change the view currency on this screen the currency values that display are converted using the AIR Default currency rate table.
Exposure: Exposure is saved to the Exposure DB in local currency. The AIR Default rate table is used to convert to the local value if exposures are entered in a non-local currency.
Final Output (Results): Analysis results use the currency and rate table specified in the Analysis management tab of the Analysis screen. The Loss Dashboard will display results by default using the currency and rate table specified for the analysis, but they can be viewed using any other currency and/or rate table.
