I have some large foreign exchange transactions from February and they keep getting revalued instead of remaining at a fixed conversion rate. This means that my expenditure analysis keeps changing on a material value in any month I have large foreign exchange transactions. For small amounts it is also annoying
This in my opinion is not the right approach.
I accept that any balance of funds in foreign bank accounts should be revalued each day to the current exchange rate as they currently are and this should not be changed.
However the transactions should be fixed at the orginal rate they were conducted in and NOT subject to revaluation each day.
This suggested approach is standard pratice