> ## Documentation Index
> Fetch the complete documentation index at: https://docs.activeviam.com/llms.txt
> Use this file to discover all available pages before exploring further.

# FX rates service

> With the DisplayCurrency analysis hierarchy you can change the dashboard’s currency for the Value-at-Risk, sensitivities, PL, and other measures.

With the [DisplayCurrency](../cube/dimensions/currencies) analysis hierarchy you can change the dashboard’s currency for the Value-at-Risk, sensitivities, PL, and other measures.

<Note>
  Some of the measures will remain unaffected when the reference currency is changed, the measures in this [list](../cube/measures/sensi/sensitivities) display values in the native currency by design. Please refer to the individual measures documentation for more information.
</Note>

## Default Reference Currency

If the DisplayCurrency analysis hierarchy is not explicitly present in the MDX query, the results will be converted into the default calculation currency configured in the application properties (`mr.fx.common-currency`).

## FX Conversion Formula

The conversion is applied according to this formula:

$$
Value_{\text{reference currency}} = Value_{\text{native currency}} \cdot FXRate
$$

## See also

* [FX Rate Current](../cube/measures/sensi/market-data)
* [FX Rate Next](../cube/measures/sensi/market-data)
* [FX Rate Previous](../cube/measures/sensi/market-data)
* [VaR FX Rate](../cube/measures/var/utility)