What rate should foreign currency revaluation use?
Use the close-date or period-average rate accepted by your reporting policy.
Scenario long-tail answer module
Foreign currency revaluation rate for month-end close and FX gain/loss
Use FXpeek dated and monthly-average reference rates for foreign currency revaluation, month-end close, FX gain/loss schedules, and CSV evidence.
Short answer
For foreign currency revaluation, choose the close date or accepted period average first. FXpeek can provide reference-rate pages, monthly-average pages, CSV/API rows, and source URLs for the working paper.
Choose the right FXpeek surface
If policy requires close-date rateUse the dated close-date page.
If policy accepts monthly averageUse the monthly-average page.
If preparing FX gain/loss schedulesExport CSV rows and calculate in the accounting system or spreadsheet.
If asking for accounting authorityFXpeek is reference data only.
Useful FXpeek links
Common use cases
- Month-end close needs a reference FX rate.
- A foreign-currency balance needs remeasurement support.
- An FX gain/loss schedule needs CSV rows and source URLs.
- A reviewer needs the close date, pair, and retrieval date documented.
FAQ
Can FXpeek support FX gain/loss schedules?
FXpeek can provide reference rates, CSV rows, and source URLs; calculations remain in your system or spreadsheet.
Can monthly-average pages support revaluation?
Use monthly averages only when the workflow accepts period-average rates.
Is FXpeek an accounting standard source?
No, FXpeek is not an accounting, tax, legal, or audit authority.
Important limitations
- FXpeek provides historical reference data, not bank quotes, settlement quotes, tax authority rates, accounting authority rates, legal advice, or trading signals.
- Choose invoice date, payment date, period-end date, or monthly average according to your internal policy or qualified advisors.
- Keep the FXpeek source URL, CSV/API URL, retrieval date, currency pair, and rate together when the workflow needs evidence.
Reference note
Useful internal links: /en/answers/month-end-exchange-rate, /en/answers/monthly-average-exchange-rate, /en/answers/currency-rate-for-accounting-report, /en/api, and monthly-average pair pages.
GET https://fxpeek.com/api/history?from=CNY&to=TRY&days=365
GET https://fxpeek.com/api/csv?from=CNY&to=TRY&days=365
GET https://fxpeek.com/api/stablecoin?pair=USDT-CNY