What will happen if the exchange rates are adjusted?

Cloud Kicks has enabled multi-Currency in its organization. All the rates are set.

What will happen if the exchange rates are adjusted?
A . All newly closed opportunities will use the new conversion rate.
B . Opportunities created this month will use the new conversion rate and old opportunities will remain the same.
C . New opportunities will use the new conversion rate and old opportunities will remain the same.
D . All opportunities with conversion rates will use the new rate.

View Answer

Answer: C

Explanation:

When you adjust the exchange rates in a multi-currency org, the new rates only apply to new opportunities that are created or updated after the change. The old opportunities will retain the conversion rate that was in effect when they were last modified. This can help you preserve historical data and avoid recalculating closed opportunities.

Verified Reference:

https://developer.salesforce.com/resources2/certification-site/files/SGCertifiedSalesCloudConsultant.pdf (page 14)

https://help.salesforce.com/s/articleView?id=sf.admin_currency.htm&type=5