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Currency conversions

Updated this week

When submitting CTB spend documentation that shows purchases made in a currency other than USD, companies are required to convert the amount of spend to USD. The currency conversion rate must be from the same date as the purchase.

For example, if a company purchased onsite solar panels for €100,000 on June 1, 2025, the company should convert this amount to USD using the conversion rate from June 1, 2025.

We recommend using a currency conversion tool that can convert historical values, such as Oanda or Wise.

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