NSC | Why is the 'As of date' in the Currency Exchange Rate Different from the 'Effective date'?

Scenario

The user is curious about the discrepancy between the 'As of' date filter in the Currency Exchange Rate page and the 'Effective date'. They want to understand why these two dates differ and whether the 'As of' date filter is associated with the 'Effective Date' in any way.

Solution

It is different because the "As of" date " filter is not the filter used for "Effective Date". The Effective Date shown is the date to begin using the exchange rate for conversions or the date when the exchange rates become effective. On the other hand, the As of Date displays the latest exchange rate for a currency pair for the date you select in the As Of filter.