Currencies
Currencies are part of the market context applied to a project or price list. Darwin tracks which currency applies to each priced component, enabling multi-currency projects and exchange-rate-aware comparisons.
Why Currencies Matter
Section titled “Why Currencies Matter”- Multi-market pricing — work with suppliers and price lists in different currencies
- Exchange-rate awareness — refresh exchange rates to keep estimates current
- Traceable price context — preserve the currency basis when comparing estimates across time or region
How Currencies Work
Section titled “How Currencies Work”Each material, labor rate, and expense in a price list is denominated in a specific currency. A project can reference price lists in different currencies, and Darwin tracks the exchange rates between them.
The Refresh Exchange Rates action fetches updated project exchange rates. It is separate from refreshing market prices and from explicitly recalculating an editable estimate. Review the estimate’s price basis and recalculation result before approval. This is especially useful for international suppliers or cross-border workflows.
Best Practices
Section titled “Best Practices”- Keep project currency explicit
- Review exchange-rate assumptions when pricing changes materially
- Refresh exchange rates before finalizing a proposal or requesting approval
- Use the same currency convention across related price lists for consistency
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