i own euros in a bond account

I have a bond account and have purchased x shares of Euros. When I record this investment and put the ticker EUR in the security list, Quicken updates this in the online update to the following: INDEX:EUR:AMEX. This is NOT what I own - I simply have x euros worth x US dollars whose value changes daily according to the exchange rate.

At this point, I am just not using the one-step update to update this value because it is always wrong and I am doing the entry manually. Is there any way to get quicken to do this for me? My broker says the ticker symbol for the euro is EUR and when I go online in Quicken to search for something else, there is no symbol or security option for "foreign money" .

Any thoughts????

Reply to
lisa
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A given Quicken account can only be denominated in one currency, and you must choose that currency when you first create the account ... it can never be changed.

If you have an account that contains securities or, in the case of your post, cash, denomintated in Euros; you need a Quicken account created with Euros as its currency. All cash (and securities) in that account will be denominated in Euros.

You say you purchased some "shares" of Euros, which sounds more like you purchased a security. But if all you did was buy some Euros with your Dollars you just have cash and when you transfer the funds from your $US account to your Euro account, Quicken will convert the $ amount to Euros at the "current" exchange rate.

You'll want to insure the your Quicken Currency List is up-to-date for the date you bought the Euros, then for any subsequent date you wish to know the value of the account in $US. I believe you will have to maintain the Currency List manually.

Reply to
John Pollard

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