> ## Documentation Index
> Fetch the complete documentation index at: https://docs.indic8.ing/llms.txt
> Use this file to discover all available pages before exploring further.

# Automated FX Normalization

> Real-time European Central Bank rate synchronization across 140+ global currencies.

When selling globally, payments arrive in dozens of regional currencies: EUR, GBP, JPY, CAD, AUD, INR, and more. Calculating consolidated MRR manually produces skewed or outdated reports.

Indic8 continuously normalizes multi-currency sales into your workspace base currency at the exact second of purchase.

## Supported Currencies

Indic8 supports over 140 foreign currencies, with first-class reporting engines for:

* `USD`: United States Dollar (Default)
* `EUR`: Euro
* `GBP`: British Pound Sterling
* `INR`: Indian Rupee
* `JPY`: Japanese Yen

***

## Rate Ingestion & Parity

```
[European Central Bank Feed]
           │
           ▼ (Hourly Synced + Intraday Interpolation)
┌──────────────────────────────────────────┐
│      Indic8 FX Precision Cache           │
│  - Zero Arbitrary Spread (0.00%)         │
│  - Historical Tick Index                 │
└──────────────────┬───────────────────────┘
                   │
                   ▼
┌──────────────────────────────────────────┐
│        Normalized Transaction Record     │
│  Original: €89.00 EUR                    │
│  Spot Rate: 1.08427                      │
│  Normalized: $96.50 USD                  │
└──────────────────────────────────────────┘
```

### Conversion Formula

$\text{Normalized Amount} = \text{Original Amount} \times \text{Spot Rate}(t, \text{OriginalCurrency} \to \text{BaseCurrency})$

***

## Zero Spread Guarantee

Unlike credit card processors that add hidden 2% to 4% foreign exchange spreads, Indic8 applies pure mid-market spot rates to ensure your financial analytics reflect real purchasing power.

<Tip>
  You can toggle your workspace base reporting currency at any time from **Settings > Preferences**. Historical totals will recalculate instantly.
</Tip>