For people living across currencies
Paid in one currency and living in another? Every account stays in its own.
A salary in one currency, rent in another, accounts on two continents, and a net worth that moves with the exchange rate whether you did anything or not. cent4cent keeps each account in its own currency and shows what the rate did separately from what you did.
What usually goes wrong with two currencies.
- Your app converts everything on the way in, so nothing ever matches the statement.
- Your net worth jumps and you can’t tell whether it was you or the exchange rate.
- Two banks in two countries, and an app that can only connect to one of them.
What happens to a euro account in a month you don’t touch it.
Say you keep €10,000 in savings and leave it alone for a month, while the euro falls against the Australian dollar.
A savings account in euros, untouched for a month
| Balance | In euros | In AUD |
|---|---|---|
| 31 July, at 1.65 | €10,000.00 | $16,500.00 |
| 31 August, at 1.62 | €10,000.00 | $16,200.00 |
| Change | €0.00 | −$300.00 |
Round numbers for the example. In the app, rates come from the European Central Bank’s daily reference rates.
How two currencies stay straight.
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Euros stay euros.
Each account keeps its own currency, with your home currency beside it on every figure, from a single transaction to your net worth.
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The exchange rate on its own line.
What the rate did to your net worth is shown separately, never mixed into your spending or your saving.
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Any bank, in any country.
Accounts at home and abroad sit side by side, so moving countries doesn’t mean starting again.
About exchange rates.
Which exchange rate does it use?
The European Central Bank’s daily reference rate. Income and spending are converted at the rate for the day they happened, and balances at the rate on the last day of the month, so what the rate did to your net worth is shown on its own. Every figure shows its own currency first, with your home currency beside it.
Can my home currency be something other than Australian dollars?
Yes. You choose it when you start a book. The subscription is billed in Australian dollars, but your books can be kept in whatever currency you think in.
Put both currencies in one set of books.
14 days free, no card needed. Then A$10 a month or A$100 a year, and your books are yours to export at any point.