Archlet allows Admins to set up and manage currencies for their tenant. This ensures consistent cross-project reporting and supports multi-currency sourcing projects.
You will find these settings under Admin settings → Currencies.
💱 Tenant currency
The tenant currency is the main reference currency for your organization in Archlet.
It is used for:
Cross-project reporting: spend, savings, and benchmarks are displayed in this currency in cross project dashboard.
Default project currency: when creating new projects, this currency will be pre-filled (users can still adjust it per project if needed).
⚠️ Changing the tenant currency requires first deleting all exchange rate sets. See the section below for details.
🔄 Exchange rate sets
Exchange rate sets define how other currencies convert into the tenant currency.
They are used for:
Cross-project reporting : defines how project spend metrics such as Realized savings or Estimated baseline spend, which may be defined in different project currencies, are automatically converted into the tenant currency.
Multi-currency bid sheets : when suppliers submit bids in different currencies, Archlet will use your defined rates as pre-fill. See article for more details
⚙️ How to create & manage rate sets
You can create multiple exchange rate sets (e.g. annual or quarterly). Each set becomes effective for projects created on or after the date and time you specify.
To add a new set:
Click Add rates set in the Currencies tab.
Select the effective date and time.
Enter your rates manually or copy-paste directly from Excel (bulk paste is supported).
Click Save.
✨ The Active set will be used to pre-fill rates used inside projects.
🔧 Changing the Tenant currency
If you need to change your tenant currency and re-import exchange rate sets, follow these steps:
Copy paste all current exchange rate sets to Excel.
Delete all exchange rate sets in Archlet.
Change the tenant currency.
Recalculate your exchange rates relative to the new tenant currency in Excel.
Re-upload or copy-paste the new rate sets into Archlet.
⚠️ Contact your Customer Success Manager for support if needed.
❓FAQ
What happens if I delete or change a rate set?
What happens if I delete or change a rate set?
Deleting a rate set removes it from Archlet. Projects that already imported these rates will continue using them within their own Analytics & Scenarios. However, the new effective rate set will be applied in cross-project reporting and in any newly created projects.
Can I upload exchange rates in bulk?
Can I upload exchange rates in bulk?
Yes. You can easily copy-paste exchange rates directly from Excel into the rate set editor.
What does "Active" mean in the Currency dashboard?
What does "Active" mean in the Currency dashboard?
The Active set is the one currently applied to new projects created. It is the rate set whose effective date includes today.
Do I need to updated exchange rates regularly?
Do I need to updated exchange rates regularly?
This depends on your organization. Some teams upload annual rates, while others update them quarterly. Archlet supports both approaches.