Conversion of USD into SGD

Q&A
1

Hello,

I realise that when I sell a share listed on US exchange where the base currency is in USD, do I have to input the amount of SGD received from the sale of stock or the system will convert it for me automatically? I saw that it is optional to input the SGD amount, but just wanted to confirm.

Thanks
Jiawei

2

Hi Jiawei,

Yes, it is optional. If you do not enter, then StocksCafe will use the USD/SGD rate that it has.

So, if you want to precisely measure that based on how much SGD that you actually received. Then it is better to enter that.

Cheers,
Evan