The Currency conversion feature will use an exchange rate series available in Macrobond, matching the original frequency of the series (before any changes made in the frequency of the document). If such series do not exist, Macrobond will either:
- Use the US Dollar to calculate a cross-currency rate (in case it doesn’t find a direct exchange rate series)
- Use an exchange rate series with a higher frequency (in case it doesn’t find an exchange rate series matching the original frequency of your series), using the first value of the period.
For more information: