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Currency Settings in a Multi-Company Setup

Configure how financial risk metrics are displayed and aggregated across currencies in Hyver.

Updated over 5 months ago

Overview

This article explains how to set and manage currency display options in a multi-company Hyver setup. If you're overseeing subsidiaries in different countries, this lets you consolidate financial risk data in a single currency while still honoring local currencies at the subsidiary level.

You’ll learn how to set the parent company's display currency, adjust exchange rates, and understand how currency choices affect dashboards and reports.


How Currency Works in Multi-Company Dashboards

  • Hyver stores all financial data in USD by default.

  • The currency you select in the parent company settings is used to display all aggregated metrics (e.g., exposure, cost of breach, maturity ROI).

  • Each subsidiary can still display its data in its own local currency.

Example: The parent dashboard may show USD, while Subsidiary A shows GBP and Subsidiary B shows EUR.


Setting the Parent Currency

  1. Go to Settings in the parent Hyver instance.

  2. Click Edit next to the Currency field:

  3. Select a currency from the dropdown menu:

  4. If you choose a currency other than USD, you’ll see two options for exchange rate:

    • Default exchange rate from the web

    • Manual exchange rate (defined by the administrator):

Note: Even if you choose the web rate, it does not auto-update. This ensures consistency and avoids unexpected changes in financial metrics.

5. After selecting the currency and exchange rate, click Save.


How Currency Affects Data

  • The currency symbol updates across Hyver: dashboards, exposure values, findings, and KPIs.

  • Historical widgets (like mitigation success trends) are stored in USD and recalculated to match the currently selected exchange rate.

  • Aggregated financial values are presented in the parent company's selected currency — not in the local currencies of subsidiaries.


Wrap-up / Next Steps

Hyver gives you flexibility to report risk in a way that fits your global structure. Whether you're aligning dashboards with local teams or presenting risk to leadership in a preferred currency, currency settings keep your data aligned and clear.

For the best results, review your currency and exchange rate settings regularly — and make sure they're aligned with how you plan to present financial impact.

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