Does functional currency have the same value as spot currency

The recorded market value is sometimes the same as the currency, but its actual value may differ from that of the spot currency.

The difference between functional and spot money is caused by the difference between the actual value of the goods or services processed through the settlement account and the international market value.

If their actual value is the same as the spot exchange, there is no limit to the items that can be collected and paid through this account;

On the contrary, if there is a discrepancy between the actual value and the payment item, it must be processed according to the agreement or contract between the parties.