diff --git a/src/containers/Dialogs/MoneyInDialog/MoneyInForm.js b/src/containers/Dialogs/MoneyInDialog/MoneyInForm.js
index 65cafe412..3a03ff2a0 100644
--- a/src/containers/Dialogs/MoneyInDialog/MoneyInForm.js
+++ b/src/containers/Dialogs/MoneyInDialog/MoneyInForm.js
@@ -68,6 +68,7 @@ function MoneyInForm({
       transaction_number: transactionNo,
     }),
     cashflow_account_id: accountId,
+    exchange_rate: 1,
   };
 
   // Handles the form submit.
diff --git a/src/containers/Dialogs/MoneyInDialog/OwnerContribution/OwnerContributionFormFields.js b/src/containers/Dialogs/MoneyInDialog/OwnerContribution/OwnerContributionFormFields.js
index abb95b929..c1aad511d 100644
--- a/src/containers/Dialogs/MoneyInDialog/OwnerContribution/OwnerContributionFormFields.js
+++ b/src/containers/Dialogs/MoneyInDialog/OwnerContribution/OwnerContributionFormFields.js
@@ -186,19 +186,19 @@ function OwnerContributionFormFields({
       </Field>
 
       {/*------------ exchange rate -----------*/}
-      <If
+      {/* <If
         condition={isForeignCurrency(
           account?.currency_code,
           values?.currency_code,
         )}
-      >
-        <ExchangeRateInputGroup
-          fromCurrency={values?.currency_code}
-          toCurrency={account?.currency_code}
-          name={'exchange_rate'}
-          formGroupProps={{ label: ' ', inline: false }}
-        />
-      </If>
+      > */}
+      <ExchangeRateInputGroup
+        fromCurrency={values?.currency_code}
+        toCurrency={account?.currency_code}
+        name={'exchange_rate'}
+        formGroupProps={{ label: ' ', inline: false }}
+      />
+      {/* </If> */}
 
       <Row>
         <Col xs={5}>