When I started working with Dynamics CRM, ages ago, there were 2 topics that were the nightmare of all CRM devs:

  • Multi currency, aka exchange rate management
  • Time-zone management

Ages have passed, but those topics keep staying in the top 5 chart of my headaches-giver topics.

Just today, scrolling in my LinkedIn wall, I've found an interesting article from Nick Doelman that pointed to another article from 2021 where he solved the long-standing issue of updating exchange rates in the platform in an way that is

  • straightforward
  • elegant
  • deterministic
  • fast to set-up
  • and, above all, free!

It's just a matter of leveraging the right tools, that in this case are:

  • https://exchangeratesapi.io/: a website that provides daily updated exchange rates with a compelling licensing model that allows up to 100 api calls per month for free!
  • a simple Power Automate flow.

Take a look at his article for details!

🙏🏻 Thanks Nick!

📖 References

https://readyxrm.blog/2025/05/01/ai-builder-update-dataverse-currency-exchange-rates/
https://readyxrm.blog/2021/03/10/updating-currency-exchange-rates-in-dataverse/