Multi-currency MRR

Updated 2026-08-04

If you bill in more than one currency, adding the raw numbers together produces a figure with no meaning — €40 and $40 are not 80 of anything.

The method

1. Pick a reporting currency and stick to it.
2. Convert every subscription to that currency.
3. Use a fixed rate, set monthly or quarterly, not live.
4. Report FX separately if it materially moves your numbers.

Why fixed rates rather than live

If you revalue at live rates, your MRR changes when the euro moves. You gained no customers and lost none, but the chart moved — and now you can't tell growth from currency noise.

Fixing the rate for a period means MRR movements are attributable to actual business events. You then account for the FX effect as its own line, which is both more honest and more useful.

The trap in the tooling

Many revenue tools sum multi-currency amounts without converting at all — treating €40 as $40. This inflates or deflates your total depending on direction, silently.

FRGMNT does this today. Amounts are assumed to be USD and summed without conversion across every integration. If you bill in a single currency this is irrelevant. If you bill in several, your combined figure is indicative rather than exact, and you should reconcile against each platform's own reporting for anything that matters.

We'd rather say that plainly than have you discover it from a mismatched number.

A practical approach for small businesses

If most of your revenue is one currency and a minority is another, the pragmatic route is:

• Report in your dominant currency
• Convert the minority at a rate you set quarterly
• Accept a small margin of error, and know its direction

If your revenue is genuinely split across several currencies, use each platform's native reporting for accounting and treat any aggregated dashboard — including this one — as a directional daily view.