GnuCash supports over a hundred currencies, from the Andorran Franc
to the Zimbabwe Dollar. For example, you can have a bank account set up in Euros, and
another using Hong Kong Dollars.
Some of the issues which arise when using multiple currencies are, how do you transfer funds between accounts with different currencies? How do you calculate the overall value when you have mixed currency accounts? How do reports deal with mixed currencies?
An alternative way to manage multiple currency accounts from the one
presented in the next sections, is to use the trading accounts
For a complete guide on trading accounts, see this tutorial by Peter Selinger.