---
title: Configuring currency fields
description: Configure defaults for standard currency and Foreign Exchange \(FX\) currency.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/platform-administration/currency-administration/configure-currency-admin.html
release: australia
product: Currency Administration
classification: currency-administration
topic_type: concept
last_updated: "2026-03-12"
reading_time_minutes: 1
breadcrumb: [Currency administration, Configure core features, Administer the ServiceNow AI Platform]
---

# Configuring currency fields

Configure defaults for standard currency and Foreign Exchange \(FX\) currency.

-   **[Setting up defaults required for standard currency use](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/platform-administration/currency-administration/setting-up-standard-currency-defaults.md)**  
Set up the defaults required for use of standard currency fields in your instance.
-   **[Setting up defaults required for FX Currency use](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/platform-administration/currency-administration/setting-up-defaults-fx-currency-use.md)**  
Set up the defaults required for use of FX Currency fields in your instance.

**Parent Topic:**[Currency administration](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/platform-administration/currency-administration/currency.md)