--- title: Add conversion rates using a custom rate table description: You can create a custom rate table to ensure repeatable and consistent calculations. In a custom rate table, you control the conversion rates and the frequency of rate conversions. If you don't define custom rate tables, FX Currency fields use the System Conversion Currency Rate \[fx\_system\_rate\] table, which updates rates daily from the ECB \(European Central Bank\) website. locale: en-US canonical_url: https://www.servicenow.com/docs/r/australia/platform-administration/currency-administration/custom-rate-table.html release: australia product: Currency Administration classification: currency-administration topic_type: task last_updated: "2026-03-12" reading_time_minutes: 3 breadcrumb: [Defaults required for FX Currency use, Configure, Currency administration, Configure core features, Administer the ServiceNow AI Platform] --- # Add conversion rates using a custom rate table You can create a custom rate table to ensure repeatable and consistent calculations. In a custom rate table, you control the conversion rates and the frequency of rate conversions. If you don't define custom rate tables, FX Currency fields use the System Conversion Currency Rate \[fx\_system\_rate\] table, which updates rates daily from the ECB \(European Central Bank\) website. ## Before you begin Role required: admin, currency\_admin ## About this task A conversion rate can be quoted in different ways. - Direct conversion rate \(A -> B\) that may or not be invertible \(that is, given rate R for A -> B, the rate for B -> A can be derived as 1/R\). - Indirect conversion rate through some intermediate currency \(A -> C and C -> B\). ## Procedure 1. Navigate to **All** > **System Definition** > **Tables**. 2. Click **New**. 3. In **Label** field, enter the name of the conversation rate. For example, Convert-US-Euro. 4. In the **Extends** field, select the Currency Conversion Rate \[fx\_conversion\_rate\] table. 5. Complete the remaining fields to create the new extended table. For more details, see [Create a table](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/platform-administration/table-administration-and-data-management/t_CreateATable.md) for details. 6. Click **Submit**. 7. Navigate to the new table and fill in the fields on the form.
**Field** **Description**
From Currency Currency to convert the rate conversion table from. For example, USD if you are converting from US Dollars.
To Currency Currency to convert the rate conversion table to. For example, EUR if you are converting to Euros.
Span start Date/time from which this currency rate is valid, for example, January 1, 2020 00:00:00.
Span end Date/time to which this currency rate is valid, for example, January 30, 2020 23:59:59.
Order Order in which a currency conversion selects currency rates when their time spans overlap. For a date/time and a currency pair, if there are multiple rates with a Span start less than or equal to the date/time, and Span end greater than or equal to the date/ time, the currency conversion selects the highest order rate.
Rate Actual conversion rate, stored as a decimal with six decimal places.
8. Click **Update**. ## What to do next After you create the custom rate table: 1. Manually populate the table, or import data to populate it. 2. To use this rate table on a global basis, change the **glide.currency2.system\_rate\_table** system property. To use it for a specific FX Currency field, change the **Conversion Rate Table** field setting in **System Localization** > **FX Currency Configuration.** **Parent Topic:**[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) **Related topics** [Configuring FX Currency global settings]() [Add an FX Currency field to a table]() [Configuring FX Currency field behavior]() [Update a Currency Instance record]() [FX Currency values in import and export](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/platform-administration/currency-administration/fx-currency-values-import-export.md) [Configuring FX Currency global settings](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/platform-administration/currency-administration/fx-currency-configure.md) [Specify the rate table and date source for currency conversions](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/platform-administration/currency-administration/fx-currency-conv-rate-table-date-source.md)