diff --git a/fyo/model/doc.ts b/fyo/model/doc.ts
index c089448f..f7eed3ca 100644
--- a/fyo/model/doc.ts
+++ b/fyo/model/doc.ts
@@ -12,7 +12,7 @@ import {
   OptionField,
   RawValue,
   Schema,
-  TargetField,
+  TargetField
 } from 'schemas/types';
 import { getIsNullOrUndef, getMapFromList, getRandomString } from 'utils';
 import { markRaw } from 'vue';
@@ -23,7 +23,7 @@ import {
   getMissingMandatoryMessage,
   getPreDefaultValues,
   setChildDocIdx,
-  shouldApplyFormula,
+  shouldApplyFormula
 } from './helpers';
 import { setName } from './naming';
 import {
@@ -41,7 +41,7 @@ import {
   ReadOnlyMap,
   RequiredMap,
   TreeViewSettings,
-  ValidationMap,
+  ValidationMap
 } from './types';
 import { validateOptions, validateRequired } from './validationFunction';
 
@@ -191,6 +191,7 @@ export class Doc extends Observable<DocValue | Doc[]> {
     if (typeof fieldname === 'object') {
       return await this.setMultiple(fieldname as DocValueMap);
     }
+    console.log(fieldname, value);
 
     if (!this._canSet(fieldname, value)) {
       return false;
diff --git a/models/baseModels/Invoice/Invoice.ts b/models/baseModels/Invoice/Invoice.ts
index 8a7cabff..d1c8002b 100644
--- a/models/baseModels/Invoice/Invoice.ts
+++ b/models/baseModels/Invoice/Invoice.ts
@@ -42,6 +42,14 @@ export abstract class Invoice extends Transactional {
     return !!this.fyo.singles?.AccountingSettings?.enableDiscounting;
   }
 
+  get isMultiCurrency() {
+    if (!this.currency) {
+      return false;
+    }
+
+    return this.fyo.singles.SystemSettings!.currency !== this.currency;
+  }
+
   async validate() {
     await super.validate();
     if (
@@ -126,10 +134,12 @@ export abstract class Invoice extends Transactional {
     if (this.currency === currency) {
       return 1.0;
     }
-    return await getExchangeRate({
+    const exchangeRate = await getExchangeRate({
       fromCurrency: this.currency!,
       toCurrency: currency as string,
     });
+
+    return parseFloat(exchangeRate.toFixed(2));
   }
 
   async getTaxSummary() {
@@ -285,7 +295,15 @@ export abstract class Invoice extends Transactional {
       },
       dependsOn: ['party'],
     },
-    exchangeRate: { formula: async () => await this.getExchangeRate() },
+    exchangeRate: {
+      formula: async () => {
+        if (this.exchangeRate && this.exchangeRate !== 1) {
+          return this.exchangeRate;
+        }
+
+        return await this.getExchangeRate();
+      },
+    },
     netTotal: { formula: async () => this.getSum('items', 'amount', false) },
     baseNetTotal: {
       formula: async () => this.netTotal!.mul(this.exchangeRate!),
diff --git a/models/baseModels/Party/Party.ts b/models/baseModels/Party/Party.ts
index 6dbeafca..db500e4f 100644
--- a/models/baseModels/Party/Party.ts
+++ b/models/baseModels/Party/Party.ts
@@ -87,7 +87,11 @@ export class Party extends Doc {
       dependsOn: ['role'],
     },
     currency: {
-      formula: async () => this.fyo.singles.SystemSettings!.currency as string,
+      formula: async () => {
+        if (!this.currency) {
+          return this.fyo.singles.SystemSettings!.currency as string;
+        }
+      },
     },
   };
 
diff --git a/models/helpers.ts b/models/helpers.ts
index 09d84d48..e78580ef 100644
--- a/models/helpers.ts
+++ b/models/helpers.ts
@@ -1,13 +1,12 @@
 import { Fyo, t } from 'fyo';
 import { Doc } from 'fyo/model/doc';
 import { Action, ColumnConfig, DocStatus, RenderData } from 'fyo/model/types';
-import { NotFoundError } from 'fyo/utils/errors';
 import { DateTime } from 'luxon';
 import { Money } from 'pesa';
 import { Router } from 'vue-router';
 import {
   AccountRootType,
-  AccountRootTypeEnum,
+  AccountRootTypeEnum
 } from './baseModels/Account/types';
 import { InvoiceStatus, ModelNameEnum } from './types';
 
@@ -196,14 +195,12 @@ export async function getExchangeRate({
   toCurrency: string;
   date?: string;
 }) {
-  if (!date) {
-    date = DateTime.local().toISODate();
+  if (!fetch) {
+    return 1;
   }
 
-  if (!fromCurrency || !toCurrency) {
-    throw new NotFoundError(
-      'Please provide `fromCurrency` and `toCurrency` to get exchange rate.'
-    );
+  if (!date) {
+    date = DateTime.local().toISODate();
   }
 
   const cacheKey = `currencyExchangeRate:${date}:${fromCurrency}:${toCurrency}`;
@@ -215,26 +212,23 @@ export async function getExchangeRate({
     );
   }
 
-  if (!exchangeRate && fetch) {
-    try {
-      const res = await fetch(
-        ` https://api.vatcomply.com/rates?date=${date}&base=${fromCurrency}&symbols=${toCurrency}`
-      );
-      const data = await res.json();
-      exchangeRate = data.rates[toCurrency];
+  if (exchangeRate && exchangeRate !== 1) {
+    return exchangeRate;
+  }
 
-      if (localStorage) {
-        localStorage.setItem(cacheKey, String(exchangeRate));
-      }
-    } catch (error) {
-      console.error(error);
-      throw new NotFoundError(
-        `Could not fetch exchange rate for ${fromCurrency} -> ${toCurrency}`,
-        false
-      );
-    }
-  } else {
-    exchangeRate = 1;
+  try {
+    const res = await fetch(
+      `https://api.vatcomply.com/rates?date=${date}&base=${fromCurrency}&symbols=${toCurrency}`
+    );
+    const data = await res.json();
+    exchangeRate = data.rates[toCurrency];
+  } catch (error) {
+    console.error(error);
+    exchangeRate ??= 1;
+  }
+
+  if (localStorage) {
+    localStorage.setItem(cacheKey, String(exchangeRate));
   }
 
   return exchangeRate;
@@ -256,3 +250,6 @@ export function isCredit(rootType: AccountRootType) {
       return true;
   }
 }
+
+// @ts-ignore
+window.gex = getExchangeRate;
diff --git a/schemas/core/SystemSettings.json b/schemas/core/SystemSettings.json
index 92c33fb8..ba67d038 100644
--- a/schemas/core/SystemSettings.json
+++ b/schemas/core/SystemSettings.json
@@ -88,6 +88,7 @@
       "label": "Currency",
       "fieldtype": "AutoComplete",
       "default": "INR",
+      "readOnly": true,
       "required": true
     },
     {
diff --git a/src/components/Controls/Base.vue b/src/components/Controls/Base.vue
index dbd34c79..dc3ce130 100644
--- a/src/components/Controls/Base.vue
+++ b/src/components/Controls/Base.vue
@@ -151,13 +151,16 @@ export default {
   },
   methods: {
     getInputClassesFromProp(classes) {
-      if (this.inputClass) {
-        if (typeof this.inputClass === 'function') {
-          classes = this.inputClass(classes);
-        } else {
-          classes.push(this.inputClass);
-        }
+      if (!this.inputClass) {
+        return classes;
       }
+
+      if (typeof this.inputClass === 'function') {
+        classes = this.inputClass(classes);
+      } else {
+        classes.push(this.inputClass);
+      }
+
       return classes;
     },
     focus() {
diff --git a/src/components/Controls/ExchangeRate.vue b/src/components/Controls/ExchangeRate.vue
new file mode 100644
index 00000000..73d3de66
--- /dev/null
+++ b/src/components/Controls/ExchangeRate.vue
@@ -0,0 +1,102 @@
+<template>
+  <div class="flex items-center bg-gray-100 rounded-md textsm px-1">
+    <div
+      class="rate-container"
+      :class="disabled ? 'bg-gray-100' : 'bg-gray-25'"
+    >
+      <input type="number" v-model="fromValue" :disabled="disabled" min="0" />
+      <p>{{ left }}</p>
+    </div>
+
+    <p class="mx-1 text-gray-600">=</p>
+
+    <div
+      class="rate-container"
+      :class="disabled ? 'bg-gray-100' : 'bg-gray-25'"
+    >
+      <input
+        type="number"
+        ref="toValue"
+        :value="isSwapped ? fromValue / exchangeRate : exchangeRate * fromValue"
+        :disabled="disabled"
+        min="0"
+        @change="rightChange"
+      />
+      <p>{{ right }}</p>
+    </div>
+
+    <button
+      class="bg-green100 px-2 ml-1 -mr-0.5 h-full border-l"
+      @click="swap"
+      v-if="!disabled"
+    >
+      <feather-icon name="refresh-cw" class="w-3 h-3 text-gray-600" />
+    </button>
+  </div>
+</template>
+<script>
+import { defineComponent } from 'vue';
+
+export default defineComponent({
+  emits: ['change'],
+  props: {
+    disabled: { type: Boolean, default: false },
+    fromCurrency: { type: String, default: 'USD' },
+    toCurrency: { type: String, default: 'INR' },
+    exchangeRate: { type: Number, default: 75 },
+  },
+  data() {
+    return { fromValue: 1, isSwapped: false };
+  },
+  methods: {
+    swap() {
+      this.isSwapped = !this.isSwapped;
+    },
+    rightChange(e) {
+      let value = this.$refs.toValue.value;
+      if (e) {
+        value = e.target.value;
+      }
+
+      value = parseFloat(value);
+
+      let exchangeRate = value / this.fromValue;
+      if (this.isSwapped) {
+        exchangeRate = this.fromValue / value;
+      }
+
+      this.$emit('change', exchangeRate);
+    },
+  },
+  computed: {
+    left() {
+      if (this.isSwapped) {
+        return this.toCurrency;
+      }
+
+      return this.fromCurrency;
+    },
+    right() {
+      if (this.isSwapped) {
+        return this.fromCurrency;
+      }
+
+      return this.toCurrency;
+    },
+  },
+});
+</script>
+<style scoped>
+input[type='number'] {
+  @apply w-12 outline-none bg-transparent p-0.5;
+}
+
+.rate-container {
+  @apply flex items-center rounded-md border  border-gray-100 text-gray-900 
+   text-sm outline-none focus-within:bg-gray-50 px-1  focus-within:border-gray-200;
+}
+
+.rate-container > p {
+  @apply text-xs text-gray-600;
+}
+</style>
diff --git a/src/pages/InvoiceForm.vue b/src/pages/InvoiceForm.vue
index 6347b404..8fe6b237 100644
--- a/src/pages/InvoiceForm.vue
+++ b/src/pages/InvoiceForm.vue
@@ -3,6 +3,16 @@
     <!-- Page Header (Title, Buttons, etc) -->
     <template #header v-if="doc">
       <StatusBadge :status="status" />
+      <ExchangeRate
+        v-if="doc.isMultiCurrency"
+        :disabled="doc?.isSubmitted || doc?.isCancelled"
+        :from-currency="fromCurrency"
+        :to-currency="toCurrency"
+        :exchange-rate="doc.exchangeRate"
+        @change="
+          async (exchangeRate) => await doc.set('exchangeRate', exchangeRate)
+        "
+      />
       <Button
         v-if="!doc.isCancelled && !doc.dirty"
         :icon="true"
@@ -256,6 +266,7 @@ import { computed } from '@vue/reactivity';
 import { getDocStatus } from 'models/helpers';
 import { ModelNameEnum } from 'models/types';
 import Button from 'src/components/Button.vue';
+import ExchangeRate from 'src/components/Controls/ExchangeRate.vue';
 import FormControl from 'src/components/Controls/FormControl.vue';
 import Table from 'src/components/Controls/Table.vue';
 import DropdownWithActions from 'src/components/DropdownWithActions.vue';
@@ -284,6 +295,7 @@ export default {
     Table,
     FormContainer,
     QuickEditForm,
+    ExchangeRate,
   },
   provide() {
     return {
@@ -342,6 +354,12 @@ export default {
     itemDiscountAmount() {
       return this.doc.getItemDiscountAmount();
     },
+    fromCurrency() {
+      return this.doc?.currency ?? this.toCurrency;
+    },
+    toCurrency() {
+      return fyo.singles.SystemSettings.currency;
+    },
   },
   activated() {
     docsPath.value = docsPathMap[this.schemaName];
@@ -372,6 +390,7 @@ export default {
     }
   },
   methods: {
+    log: console.log,
     routeTo,
     toggleInvoiceSettings() {
       if (!this.schemaName) {