Your portfolio currency is the currency used to show you an estimated total value of everything you hold across your entire account. It's a display setting and doesn't affect how your money or instruments are held or what currency you actually own.
It’s different from your account currency, which is HUF for Lightyear accounts in Hungary and can’t be changed – see more about this below.
How to change the portfolio currency?
Go to Profile → three dots next to the account → Currency. You can switch between HUF, EUR, GBP, and USD. You can set a different portfolio currency for each of your accounts, including your TBSZ.
How the portfolio currency works
When you choose a portfolio currency, Lightyear shows you an estimated total value in your chosen currency using the latest interbank rate, but your money and instruments stay exactly where they are, in the currencies you hold them in.
What it does affect
- The total estimated portfolio value
- The overall estimated return (PnL)
- The estimated total cash balance and total investments you hold
What it doesn't affect
- Individual instruments will always be shown in the currency they're traded in
- Your actual cash balances stay in the currencies you hold them in
- Changing portfolio currency never triggers an actual conversion
- Your account currency, which stays HUF
- Plan amounts and statements, which are always shown in your account currency (HUF)
Portfolio currency vs account currency
Your Lightyear account in Hungary has HUF as its account currency, because Hungarian tax is calculated and reported in HUF. This is why Plan amounts and your statements are shown in HUF, even when you’re investing in other currencies. Seeing a HUF amount doesn’t mean a conversion took place – your investments and cash stay in their original currencies.
For example, if your portfolio currency is EUR and you invest in a EUR ETF through a Plan, the Plan shows the amount in HUF, but you’re still buying with EUR and holding a EUR ETF.
Your portfolio currency affects how returns are displayed
If your portfolio currency is different from the currencies you're invested in or hold cash in, FX (currency exchange) movements will affect your displayed return. For example, if you hold USD stocks or USD cash, but your portfolio currency is EUR, a shift in the EUR/USD rate will change your displayed PnL. For the most accurate view of estimated performance, we recommend viewing in the same currency you have your holdings in.
Read also: Profit and loss (PnL).
See also How does my multi-currency account work? and Profit and loss (PnL)