Need Period parameter to change automatically in scheduled concurrent report when we move to next pe

Need Period parameter to change automatically in scheduled concurrent report when we move to next period.

The end user has scheduled "Currency - Daily Conversion Rates Listing" to run everyday, as follows

The report has a parameter called Period which end user populates when he first schedules the report to run to be = the current fiscal period (Ie Feb 2017).

Issue is, when March rolls around, the report is still pulling the Feb period, expectation is that it would change to March and so on as period progress in a year.

What do i have to do to achieve the above? Should checking "Recalculate parameters" flag when scheduling the report help?