---
title: "Project Currency"
description: "Project Currency on Project Manage Time Settings"
url: https://support.mosaicapp.com/en/articles/412-project-currency
collection: "Project Budget Settings"
updated: 2026-09-22
language: en
---

# Project Currency

Project Currency on Project Manage Time Settings

Tailor your budgeting with precision! Our project-specific currency setting ensures your financial planning aligns perfectly with each project's geographic and economic context, making budget management more accurate and stress-free.

You can change currency on individual projects as well as on the organization level.

[Learn more about organization default currency](https://support.mosaicapp.com/en/articles/462-default-currency.md)

Click project currency and select a currency that you want to use for this Project.

![](https://staticfiles.gleap.io/ghelparticle/HXF8jLgwmnPef2K3rDKlbIWsw37CinjGcWGpDr70l8lYCSAQ3NY0jP7iGwJ3PuGT7p8sHofjgNh.png)

Select a new currency for this Project.

> **Info:** You can only select Team Currency here, if it's not showing in the list, it can be added in [**Org settings > Standards > Rates**](https://support.mosaicapp.com/en/articles/306-organization-settings-standard-rates.md) by Admins. If you are an Admin, click on **Edit** **Standard Currencies** to go to the page.

![](https://staticfiles.gleap.io/ghelparticle/eh8h8i7Q67mc1wvYIsoYQqmH6W8QDukYDOHHXv6L0ye52WFhmW435vpgtnsTEiVNMFFjaueARCy.png)

> **Warning:** If an exchange rate has been defined between the current and new currencies in [**Org Settings > Budget > FX Rate**](https://support.mosaicapp.com/en/articles/551-currency-conversion-table.md), a confirmation modal will appear.

Options are:

-   **Update the currency and apply the conversion rate to existing data** (recommended for preserving value equivalency), or
    
-   **Update the currency** without modifying existing data values.
    

Selecting **Apply FX** will apply the chosen action.

![](https://staticfiles.gleap.io/ghelparticle/WOtDOS2DWgduwNhErxcZhS5EAbtLHNVw94lhs2tquygrxCuVdvQCB6OawHKg7GUFvfEcYyJ3ZM2.png)

When changing the Project currency, we will update the rates on the project to the default rate group in that currency. Click **confirm** to allow this change.

> **Warning:** If independent phase rates setting is enabled, all phases will be updated to match the project currency.

![](https://staticfiles.gleap.io/ghelparticle/DB8NBcbgU1hm5Zeg7SP69grAmf5Ab2tpi1vz02Q4WY06MJf67i8EYkyvjHkoicTaSE6HMq6Y96f.png)

Click **Done** to close the settings modal.

It may take some time to update and you will see all the budget amounts are showing in the currency that you selected.

![](https://staticfiles.gleap.io/ghelparticle/4dZhKU0qCUqlfrDeC1Dwz6BC8wRwZpshkomigLFuPpySXhlryFYlK8QFxygmHKA6hHuGDkwzRIJ.png)