> For the complete documentation index, see [llms.txt](https://help.impact.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://help.impact.com/other/reference-documentation/foreign-exchange-fees-explained.md).

# Currency Conversion Explained

impact.com lets brands and partners agree on contract terms in either one of their own [currencies](/other/reference-documentation/supported-currencies-and-timezones.md). When a payment is sent or received in a different currency, impact.com converts it. The converted\
amount is calculated on the action date, not the day the payment is sent, and doesn't change after that.

## Check your contract currency

{% tabs %}
{% tab title="For brands" %}

1. From the left navigation menu, select ![](https://3964917321-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FhRN1rcrim887TwHLBjac%2Fuploads%2Fgit-blob-230534471fef5f40808e921e41ee44e4a06ded03%2Fe6cb9548999afdc1ed3ce4942e4cb5b45b5cecbd323267aac2a7cd1915fccc09.svg?alt=media) **\[Engage] → Contracts** → [Contracts](https://app.impact.com/secure/advertiser/engage/contracts/library/view-contracts-flow.ihtml).
2. On the far right of the contract you’d like to verify, select ![](https://3964917321-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FhRN1rcrim887TwHLBjac%2Fuploads%2Fgit-blob-c746d936c908b9090325464502f7c10acda0e993%2F2a92939e8e78dd7e0c0416b1a250d5ef1d7ab0dec966fb5ed320ca62acfc06c5.svg?alt=media) **\[More] → View**.
3. Scroll to the *General Terms* section. The currency that was agreed upon appears in the *Currency* field.
   {% endtab %}

{% tab title="For partners" %}

1. From the top navigation bar, select **Discover** → [My Brands](https://app.impact.com/secure/mediapartner/marketplace/new-campaign-marketplace-flow.ihtml).
2. If you're in the grid view, switch to ![](https://3964917321-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FhRN1rcrim887TwHLBjac%2Fuploads%2Fgit-blob-b3ee5769241ce1575e4aff7d716b98c9937267eb%2F845c18aa59443d6b239132358fa67d4ae4df3cf4399ec037b8348bfa2e88c1bc.svg?alt=media) **\[List View]**.
3. Hover over the brand you want to review, then select ![](https://3964917321-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FhRN1rcrim887TwHLBjac%2Fuploads%2Fgit-blob-c746d936c908b9090325464502f7c10acda0e993%2F2a92939e8e78dd7e0c0416b1a250d5ef1d7ab0dec966fb5ed320ca62acfc06c5.svg?alt=media) **\[More] → View And Manage Contract**.
4. Scroll to the *General Terms* section. The currency that was agreed upon appears in the *Currency* field.
   {% endtab %}
   {% endtabs %}

## Avoid conversion

As a brand, hold a separate account for each region's currency, then contract with partners who use that currency. With the contract, account, and withdrawal currencies aligned, no conversion occurs.

## How conversion is calculated

Conversion is applied on the action date and locked at that point, so the amount you see when the event is recorded is the amount that settles. 


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