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Exchange Rates


In finance, an exchange rate or currency rate is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country’s currency in relation to another currency.

For each organization, a list of base currencies with which it works is determined.


If the required currency is not supported by the system, the client can request its addition through the feedback form. Rate currency

This section of PayС Dashboard is intended to make you informed about current currency rates and it's Resources and manage Rate schemes.

Course calculation strategies


Currency quotation is the fixing of the national currency in a foreign.

There are two types of Strategies:

  • Direct quotation shows the amount of base currency per unit of quoted currency.

  • The reverse (indirect) quotation reflects the number of units of the quoted currency per unit of base currency.

FX Resources


Resource - is a source of exchange rates of a certain type for the currency pairs it supports.

There are two types of Exchange rates:

  • Fixed : A fixed exchange rate is a regime applied by a country whereby the government or central bank ties the official exchange rate to another country's currency or the price of gold. The purpose of a fixed exchange rate system is to keep a currency's value within a narrow band.

  • Commercial - the rates of commercial banks and exchangers.


Commercial Resource has two rates:

  • Ask (Buy)
  • Bid (Sell)

Here you can get informed about current currency rates in one of supported resources.

There is an ability to filter rates by certain currency pair.


To filter rate list use currency pair input above the Live rates list.


Resources Live rates

Rate schemes

Rate scheme - is an entity that determines exchange rules for currency pair in your organisation.


Rate Schemes

There are two types of Rate Schemes:

  • System : Default presetted rate scheme, which icludes rules for all system currency-pairs.


    System scheme can not be deleted or modified!

  • Custom : An organisation administrator can create custom rate schemes for current organisation.


Rate Schemes Rate Schemes


Rate scheme rule icludes:

  • Currency pair
  • Resource
  • Source Rate Type
  • Fee rate (%)
  • Fee fix
  • Rate

You can create (add) rule using + New button above the rules list.


For Rules with Commercial Resource user should choose between Ask and Bid source rate.


Rate Schemes Rules