This is a place define all the currencies used by your organization. Corporate Currency should be set to the currency in which your corporate headquarters reports revenue. If you designate a different currency as corporate, all conversion rates will be modified to reflect the change.
If Advanced Currency Management is enabled, it allows you to manage dated exchange rates that map a currency conversion rate to a specific date range.
If Parenthetical Currency Conversion is enabled, in multi-currency organizations, Salesforce displays converted currency amounts to users whose personal currency is different from the currency of the record they’re viewing.
Converted amounts appear in parentheses. If you disable this feature, currency fields display only the currency of the record.
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