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  1. APPS
  2. Localizations
  3. Exchange Rate Auto Update v 18.0
  4. Sales Conditions FAQ

Exchange Rate Auto Update

by Pokutsoft https://pokutsoft.com/
Odoo

$ 19.00

v 18.0 Third Party
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Versions 18.0 19.0
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Availability
Odoo Online
Odoo.sh
On Premise
Lines of code 827
Technical Name exchange_rate_auto_update
LicenseOPL-1
Websitehttps://pokutsoft.com/
Versions 18.0 19.0
  • Description
  • Manifest
  • License
Compatible with Odoo 18.0 · 19.0
OPL-1 license · 35+ languages · Community & Enterprise
Exchange Rate Auto Update for Odoo — preview banner

Exchange Rate Auto Update

Automatic multi-source FX rate fetching with history, rounding and buy/sell margin

Exchange Rate Auto Update keeps res.currency.rate fresh automatically instead of updating exchange rates by hand. Pick a data source, set a base currency and a schedule, and the scheduled action does the rest, working out of the box with a free source and requiring no API key.

Key Features

Multi-Source Rate Fetching

Choose the European Central Bank (free, no API key, default source), Open Exchange Rates (bring your own key) or exchangerate.host (bring your own key) as the FX data provider.

Scheduled Fetch with Full History

A configurable-interval cron job (hours/days/weeks/months) writes dated res.currency.rate records, preserving full rate history; a fetch never overwrites a previous day's rate, only today's.

Manual Update Now

An on-demand 'Update Now' action refreshes rates immediately outside the scheduled interval.

Rounding & Buy/Sell Margin

Configurable rounding precision and an optional buy/sell margin (spread) is applied on top of the fetched mid-market rate, with the resulting buy and sell rates stored alongside the mid rate for reference.

Fetch Log with Error Visibility

Every fetch is recorded in a log with status, currency count, applied source and a clear error message whenever a provider cannot be reached or returns bad data.

Configurable Base Currency & Cross-Rate Rebasing

The base currency is configurable independently of the company currency, with automatic cross-rate rebasing when the source's native base differs from the configured one.

Use Cases

✓Get daily ECB exchange rates into Odoo automatically without any manual entry or API key
✓Switch to Open Exchange Rates or exchangerate.host for currencies not covered by the ECB feed
✓Apply a buy/sell margin on top of the fetched mid-market rate for a business that trades at a spread
✓Diagnose why a scheduled rate fetch failed by checking the fetch log's error message
✓Trigger an immediate rate refresh on demand ahead of a month-end close instead of waiting for the schedule

Screenshots

Exchange Rate Auto Update — 02 Fetch Log List in Odoo

02 Fetch Log List

Exchange Rate Auto Update — 03 Fetch Log Form in Odoo

03 Fetch Log Form

Why Choose This Module

Manually keying in exchange rates every day is tedious and error-prone, and Odoo's built-in currency rate mechanism does not fetch anything on its own. This module closes that gap with a scheduled, auditable fetch pipeline that works out of the box with a free ECB feed, supports paid providers when broader currency coverage is needed, and keeps a full dated history so no past rate is ever silently overwritten.

Specifications

  • Compatible: Odoo 18.0 / 19.0
  • License: OPL-1
  • Languages: 35+
  • Author: Pokutsoft
  • Dependencies: base
  • Support: odoo@gencbaris.com
  • Update date: 2026-07-13
Availability
Odoo Online
Odoo.sh
On Premise
Lines of code 827
Technical Name exchange_rate_auto_update
LicenseOPL-1
Websitehttps://pokutsoft.com/
Odoo Proprietary License v1.0

This software and associated files (the "Software") may only be used (executed,
modified, executed after modifications) if you have purchased a valid license
from the authors, typically via Odoo Apps, or if you have received a written
agreement from the authors of the Software (see the COPYRIGHT file).

You may develop Odoo modules that use the Software as a library (typically
by depending on it, importing it and using its resources), but without copying
any source code or material from the Software. You may distribute those
modules under the license of your choice, provided that this license is
compatible with the terms of the Odoo Proprietary License (For example:
LGPL, MIT, or proprietary licenses similar to this one).

It is forbidden to publish, distribute, sublicense, or sell copies of the Software
or modified copies of the Software.

The above copyright notice and this permission notice must be included in all
copies or substantial portions of the Software.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM,
DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE,
ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER
DEALINGS IN THE SOFTWARE.

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