---
title: Add and delete currencies
slug: add-and-delete-currencies
docTags: 
createdAt: 2022-06-21T23:50:44.000Z
---

In the **Currencies** section, you can see a table of all the currencies used by your organization for compensation purposes, including the current rates and the rate source. 

:::hint{type="info"}
Currency rates are populated using currencylayer. [currencylayer](https://currencylayer.com/) is an API service that provides updated and accurate currency data for use with ChartHop. Conversion rates are updated on the first of each month. 
:::

![Currencies table](https://api.archbee.com/api/optimize/CXAjUAezd9VEEVQBIYmdw/QEug0Q-hQH3xZY4UQbgw8_admin-financial-currencies-table.png)

:::hint{type="info"}
The rate comparisons that display underneath a rate are compared against the default currency for the organization.
:::

### Add a currency

You can add additional currencies to the table. This is helpful for when you are adding new employees to your ChartHop organization and those new employees must be paid using an unlisted currency. 

![Add a currency](https://api.archbee.com/api/optimize/CXAjUAezd9VEEVQBIYmdw/ZXU-5QuLglJ5mr09otg75_admin-financial-currencies-add.png)

To add an additional currency to the table:

1. From the left sidebar, select **Admin**.
2. From the sub-menu, select **Financial**.
3. In the **Currencies** section, select **+** **Add additional currency**. 
4. In the fields that display:
   - **Currency** - Select a currency from the dropdown list. The currencies that display in the list are populated from currencylayer.
   - **Conversion rate source** - Select the source for the currency rate from the following: 
     - **currencylayer** - Automatically populates currency rates from [currencylayer](https://currencylayer.com/). This option is selected by default.
     - **Custom** - Allows you to enter a custom currency rate. [Learn more.](https://docs.charthop.com/set-custom-currency-rates)
5. Select **Save** at the bottom of the **Currencies & costs** tab to save your changes. The additional currency is added to the list. 

:::hint{type="info"}
You can add multiple currencies at once by selecting **+ Add additional currency** multiple times. To delete a new currency row, select the trash can icon.
:::

### Delete a currency

To delete a currency from the currencies list:

1. From the left sidebar, select the Settings menu (gear icon) and select **Org settings**.
2. Select the **Currencies & costs **tab.
3. In the **Currencies** section, select the action menu at the left of the row for the currency you want to delete.
4. Select **Delete**.
5. Select **Save** at the bottom of the **Currencies & costs** tab to save your changes.

:::hint{type="info"}
[Modules:](https://www.charthop.com/pricing/) <font color="#000000">**HRIS |** </font>**Engagement | Goals | Performance |&#x20;**<font color="#000000">**Compensation Reviews |** </font>**Headcount Planning**
:::