---
sourceDocument: Xanadu ServiceNow AI Platform Administration
sourceDocumentLink: https://servicenow-prod.fluidtopics.net/r/xanadu/platform-administration

 Release :

    - xanadu

ft:locale :

    - en-US

ft:publication_title :

    - Xanadu ServiceNow AI Platform Administration

ft:clusterId :

    - platadm

bundleId :

    - platadm

workflow :

    - Platform


---

# Standard currency fields

# Standard currency fields {#ariaid-title1}

* Release version: Xanadu
* 
* Updated August 1, 2024
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read

The standard, or default, currency fields are installed with the base system and used in
most non-financial applications.

A standard currency field stores a currency value, a currency code, and a reference currency
value.  
* Three-letter ISO code that identifies the currency that you select for the currency amount. For example, USD for the US Dollar, or EUR for the Euro.
* The reference currency value is the currency value, expressed in the reference currency. When you save a currency value, the reference currency value is calculated using a rate conversion.
{#configure-and-use-default-currency-fields__ul_stz_4hw_jz}

A price field is similar to a currency field, but with special features for conversion and
display. To learn more, see [Price fields](https://servicenow-prod.fluidtopics.net/r~9l5mKZrEPnKfglq4Gmpw "A price field is a currency field that enables control over conversions and display.").
* **[Locale settings](https://servicenow-prod.fluidtopics.net/FFd0qVpZuxaysGkEKdeATw)**   
  There are two locale settings, system and user. The system locale determines the reference currency, and the user locale determines the session currency.
* **[Session and reference currency](https://servicenow-prod.fluidtopics.net/gjPvC6eeJ5AplVgeaEbVZw)**   
  The default, or standard, currency fields in the ServiceNow AI Platform® use two kinds of currency, Session and Reference.
* **[Single-currency mode](https://servicenow-prod.fluidtopics.net/g91EVBl503HeWr1ifS_vlw)**   
  Single-currency mode enables all users of the platform to view currency values in the same currency.
* **[Price fields](https://servicenow-prod.fluidtopics.net/r~9l5mKZrEPnKfglq4Gmpw)**   
  A price field is a currency field that enables control over conversions and display.
* **[Default currency values in forms](https://servicenow-prod.fluidtopics.net/~VsECO6j1TOg3gYMl3eYNQ)**   
  In forms, currency values appear in the currency in which they were entered.
* **[Default currency values in reports](https://servicenow-prod.fluidtopics.net/dZe3W5J1cCN~TVzj5G5QRQ)**   
  Currency values in reports appear in the user's session currency, and are formatted in the user's locale with a currency symbol.
* **[Default currency values in lists](https://servicenow-prod.fluidtopics.net/Ta8yVu91G12SUe~ZCKoQzg)**   
  In lists, default currency values appear in the user's session currency, formatted for display in the user's locale. Typically, a formatted number follows the currency symbol.
* **[Default currency values in import and export](https://servicenow-prod.fluidtopics.net/O9Edg0UJ4mqd68z6Os7x5w)**   
  In general, currency values crossing the boundaries of the platform are represented in the user's session currency and formatted in the user's locale.
* **[Default currency values in scripts](https://servicenow-prod.fluidtopics.net/UNFqjMiIefi6jIHgCjBFtQ)**   
  You can use currency fields in scripts.

**Related concepts**   

* [FX Currency fields](https://servicenow-prod.fluidtopics.net/vh4f8LT9Wl3B7dGjB2eN6Q "Use FX (Foreign Exchange) Currency fields as an alternative to the standard (default) currency fields found in most applications. They are highly configurable, support use of custom rate tables, report aggregations, and provide for improved visibility into conversion calculations.")