Use Local Currency view to see each holding in the currency it trades in, without converting every holding into your portfolio’s base currency.
What Local Currency Means
Local currency means the currency a holding trades in on its home exchange.
For example:
an ASX share will usually trade in AUD
a US share will usually trade in USD
a UK share will usually trade in GBP
If your portfolio base currency is AUD, Navexa can show your holdings in two different ways:
Base currency view converts everything into AUD
Local currency view shows each holding in its own trading currency
Example
Let’s say your portfolio base currency is AUD and you own:
BHP on the ASX
Apple on a US exchange
In the normal portfolio view:
BHP is shown in AUD
Apple is also shown in AUD because it has been converted from USD
In Local $ view:
BHP is shown in AUD
Apple is shown in USD
This makes it easier to assess the investment itself without mixing in the currency conversion in the holdings table.
Turn On Local Currency
To view your holdings in local currency:
From the Portfolio page, scroll down to Holdings.
In the top right of the holdings table, select the currency dropdown.
Choose Local.
What Changes In Local Currency View
When you switch to Local view, the holdings table shows each investment in its own trading currency.
This means:
holdings are shown in their local currency instead of your portfolio base currency
currency gain is removed from the holdings list
holdings in a different currency from your portfolio base currency may show the first letter of the currency code
holdings in the same currency as your portfolio base currency will not show a currency code
What Stays The Same
The portfolio values shown at the top of the page stay in your portfolio’s base currency.
Those totals still include currency movements, even when the holdings table is shown in local currency.