Transactions denominated in, or settled in, a foreign currency (buying or selling goods and services, borrowing or lending, and acquiring or disposing of assets or incurring or settling liabilities in that currency) are first recognised in the functional currency by applying the spot rate between the two currencies at the transaction date, which is the date the transaction first meets recognition criteria under Australian Accounting Standards. A rate approximating the actual one, such as a weekly or monthly average per currency, may be used for convenience, but not where rates move significantly.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.