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KMyMoney supports the use of multiple currencies in different accounts. For example, you can set up a bank account in Euro, another in British Pounds, and still have your credit card account in US Dollars.
Once you create a KMyMoney file you will be asked for the base currency. The base currency is the one that all income and expense categories use and that reports will be based on. Usually, the base currency is the currency you use in your country. If not otherwise selected, new accounts will use this currency as the default.