Multi-Currency

15 currencies · IAS 21 revaluation · Forward contracts · IFRS 9 hedging · Parallel market · Mobile money FX

FX Exposure by Currency

Unrealised FX Gain/Loss — YTD

FX Accounts

Multi-currency balances · Booking rate vs closing rate · Unrealised gain/loss per account

Currency Converter

Live rates · Central bank · Parallel market · Mobile money spread

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1,294,000 KES

Rate: 1 USD = 129.40 KES · Source: Reuters · Mar 22, 2026

Rate History

Period-end locks · Manual overrides · Parallel market rates · Audit trail per rate entry

Historical Rate Register

IAS 21 Month-End Revaluation

Monetary items restated at closing rate · Non-monetary items at historical rate · P&L vs OCI routing

IAS 21.23: Monetary items (cash, A/R, A/P, loans) are retranslated at the closing rate. Exchange differences are recognised in P&L. Non-monetary items (PP&E, inventory, goodwill) use the rate at the date of transaction (historical rate) — no revaluation.

Revaluation Entries — March 31, 2026

Auto-Generated Journal Entry

Dr/Cr FX Accounts (various) — restated at closing rate

Cr FX Gain (8400)

Dr FX Loss (7400)

Cr OCI — Translation Reserve

All entries reference IAS 21.28 (monetary items at closing rate) and IAS 21.39 (OCI for net investment in foreign operation). Reversal optional at period start.

OCI — Foreign Currency Translation Reserve

IAS 21.39 · Net investment in foreign operations · Recycled to P&L on disposal

CTA Roll-Forward

Forward Contracts

Lock in future exchange rates · Reduce FX volatility · Mark-to-market at each period end

Hedge Accounting (IFRS 9)

Cash flow hedges · Fair value hedges · Net investment hedges · Effectiveness testing

IFRS 9 Hedge Designation Register

Hedge Effectiveness Test — March 2026

Parallel Market Rates

Aboki FX · I&E Window · Black market · Spread monitoring · IFRS disclosure requirements

Parallel Market Disclosure (IFRS 7.31)

Where official central bank rates differ materially from market rates, IFRS 7.31 requires disclosure of this rate risk in the notes to financial statements. NovaLedger automatically generates the required disclosure when spread exceeds 5%.

⚠ Nigeria (NGN) parallel spread currently 1.9% — approaching the 5% IFRS 7 disclosure threshold. Aboki FX rate used for internal management reporting.

Mobile Money FX Rates

M-Pesa · MTN MoMo · Airtel · Flutterwave · Chipper — conversion rates charged on cross-border mobile transfers

Mobile Money Provider FX Spreads vs Interbank Rate

Remittance Corridor Rates — Africa