Triangulation Currency and Exchange Rates

Triangulation is a method of currency exchange in which one currency amount is converted to another through an intermediate currency. As part of selecting currencies for your company, you can select a triangulation currency.

Deltek uses the triangulation currency when no published exchange rate exists between two currencies and thus it is not possible to perform either a direct exchange or an inverse exchange.

For example, if your company needs to translate Belarus rubles to Suriname guilders, Deltek might need to translate rubles to United States dollars, then United States dollars to guilders.

Specify the Triangulation Currency

Specify a triangulation currency on the Currency tab of Settings > General > Company.

If You Do Not Specify a Triangulation Currency

If Deltek is unable to make a currency exchange, because there is no published exchange rate between two currencies and no triangulation currency specified, you receive a message that the currency exchange could not be made.