Diffrent exchange rate at GR..........

Hi,

I have maintained an exchange rate.I have a PO which by default captures the same at the time of creation.I have not checked 'fixed rate'.

I want to know that if the material is going to be received after 15 days and every day I am maintaining the exchange rate,then will it pick up the GR date exchange rate at the time of GR ? and my valuation of the material will be updated accordingly ??

I will be paying to vendor at the rate fixed earlier not based on the GR date exchange rate.

I am maintaining MAP.

Please suggest...

Thx in advance..

Regards,

Manoj