Chapter 1. Using cost management currency exchange

Cost management uses the United States Dollar (USD) by default. However, you can use the cost management currency exchange feature to estimate your costs in your local currency. This feature updates costs both in Red Hat Hybrid Cloud Console and in your exported cost report files.

Cost management updates currency exchange information daily with the most recent data from ExchangeRate-API. The values in cost management do not reflect any foreign currency contract agreements.

After you change your currency, cost management automatically updates all values with the most recent exchange rates.