Currency Rate Update

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Technical Name currency_rate_update
Also available in version v 12.0 v 10.0 v 9.0 v 8.0 v 7.0 v 6.1
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License: AGPL-3

Currency Rate Update

Base module to download exchange rates automatically from the Internet.

This module download exchange rates automatically from European central bank service (ported by Grzegorz Grzelak - The reference rates are based on the regular daily query procedure between central banks within and outside the European System of Central Banks, which normally takes place at 2.15 p.m. (14:15) ECB time. Source in EUR.


To configure the module, go to Accounting > Configuration > Multi-currencies > Rate Auto-download and create one or several services to download rates from the Internet.

Then, go to the page Accounting > Configuration > Settings and, in the section Multi Currencies, make sure that the option Automatic Currency Rates Download is enabled.

In developper mode, in the menu Settings > Technical > Scheduled Actions, make sure that the action Currency Rate Update is active. If you want to run it immediately, use the button Run Manually.

This module is compatible with OCA module 'currency_rate_inverted' also found in OCA/currency repository, that allows to maintain exchange rates in inverted format, helping to resolve rounding issues.


The module supports multi-company currency in two ways:

  • when currencies are shared, you can set currency update only on one company
  • when currencies are separated, you can set currency on every company separately

A function field lets you know your currency configuration.

If in multi-company mode, the base currency will be the first company's currency found in database.

Know issues / Roadmap

To fix:

  • Bank of Canada


  • Google Finance.
  • Updated daily from Citibank N.A., source in EUR. Information may be delayed. This is parsed from an HTML page, so it may be broken at anytime.

Bug Tracker

Bugs are tracked on GitHub Issues. In case of trouble, please check there if your issue has already been reported. If you spotted it first, help us smashing it by providing a detailed and welcomed feedback.




Odoo Community Association

This module is maintained by the OCA.

OCA, or the Odoo Community Association, is a nonprofit organization whose mission is to support the collaborative development of Odoo features and promote its widespread use.

To contribute to this module, please visit

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Not able to update
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showng error: 2019-09-17 05:06:09 ERROR: Unsupported currency KWD

Well done.
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Works well, sorry for the trouble)

Odoo 12
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Hello! Same with me. I used this module in Odoo 11 and am just migrating to Odoo 12. Do you plan to update the module to work with Odoo 12? Thanks

Odoo 12
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Hello! I've used your module in Odoo 10 for a year and now migrating to Odoo 12. Would you planning to migrate the module to Odoo 12? THanks.

No show in list modules
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Hi I try to install this module in a version of Odoo 11, but when I put the project folder inside my "custom_Addons" and I try to update de List modules, something crash because the dialog of update don't show. Any idea? Best regards

Convenient, thanks
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But, from "Settings > Technical > Scheduled Actions" it updates the rates only first time after creating the service :( On the next day and with "Run Manually" it doesn't update the rates. It still possible to use the button "Update Now" from "Accounting > Configuration > Multi-currencies > Rate Auto-download", but it isn't a good way. There no logs about errors: 2018-08-15 16:46:46,411 755 INFO 0202 odoo.addons.currency_rate_update.models.currency_rate_update: Starting the currency rate update cron 2018-08-15 16:46:46,433 755 INFO 0202 odoo.addons.currency_rate_update.models.currency_rate_update: Starting to refresh currencies with service ECB (company: MyCompany) 2018-08-15 16:46:46,684 755 INFO 0202 odoo.addons.currency_rate_update.models.currency_rate_update: End of the currency rate update cron