diff --git a/app/lib/FireflyIII/Database/Account/Account.php b/app/lib/FireflyIII/Database/Account/Account.php
index 9894dda5c3..7562946ac8 100644
--- a/app/lib/FireflyIII/Database/Account/Account.php
+++ b/app/lib/FireflyIII/Database/Account/Account.php
@@ -105,10 +105,11 @@ class Account implements CUDInterface, CommonDatabaseCallsInterface, AccountInte
         /** @var \FireflyIII\Database\TransactionType\TransactionType $typeRepository */
         $typeRepository = \App::make('FireflyIII\Database\TransactionType\TransactionType');
         $type           = $typeRepository->findByWhat('opening');
-        $currency       = \Amount::getDefaultCurrency();
+        $currency       = $journals->getJournalCurrencyById(intval($data['balance_currency_id']));
+        //$currency       = \Amount::getDefaultCurrency();
 
         $opening = ['transaction_type_id' => $type->id, 'transaction_currency_id' => $currency->id, 'amount' => $balance, 'from' => $fromAccount,
-                    'completed'           => 0, 'currency' => 'EUR', 'what' => 'opening', 'to' => $toAccount, 'date' => $date,
+                    'completed'           => 0, 'what' => 'opening', 'to' => $toAccount, 'date' => $date,
                     'description'         => 'Opening balance for new account ' . $account->name,];
 
         $validation = $journals->validate($opening);
diff --git a/app/lib/FireflyIII/Form/Form.php b/app/lib/FireflyIII/Form/Form.php
index c6b76bd38a..59a28f7828 100644
--- a/app/lib/FireflyIII/Form/Form.php
+++ b/app/lib/FireflyIII/Form/Form.php
@@ -140,7 +140,7 @@ class Form
         $classes         = self::getHolderClasses($name);
         $value           = self::fillFieldValue($name, $value);
         $options['step'] = 'any';
-        $defaultCurrency = \Amount::getDefaultCurrency();
+        $defaultCurrency = isset($options['currency']) ? $options['currency'] : \Amount::getDefaultCurrency();
         $currencies      = \TransactionCurrency::orderBy('code','ASC')->get();
         $html            = \View::make('form.balance', compact('defaultCurrency', 'currencies', 'classes', 'name', 'label', 'value', 'options'))->render();
         return $html;
diff --git a/app/views/accounts/edit.blade.php b/app/views/accounts/edit.blade.php
index 547068fae8..45737070a9 100644
--- a/app/views/accounts/edit.blade.php
+++ b/app/views/accounts/edit.blade.php
@@ -26,7 +26,7 @@
             <div class="panel-body">
                 {{Form::ffCheckbox('active','1')}}
                 @if($account->accounttype->type == 'Default account' || $account->accounttype->type == 'Asset account')
-                {{Form::ffBalance('openingBalance')}}
+                {{Form::ffBalance('openingBalance',null, ['currency' => $openingBalance->transactionCurrency])}}
                 {{Form::ffDate('openingBalanceDate')}}
                 {{Form::ffSelect('account_role',Config::get('firefly.accountRoles'))}}
                 @endif
diff --git a/app/views/form/balance.blade.php b/app/views/form/balance.blade.php
index 3de0fcd955..ba7f2c5d06 100644
--- a/app/views/form/balance.blade.php
+++ b/app/views/form/balance.blade.php
@@ -3,16 +3,17 @@
     <div class="col-sm-8">
         <div class="input-group">
             <div class="input-group-btn">
-                <button type="button" class="btn btn-default dropdown-toggle" data-toggle="dropdown" aria-expanded="false">
-                    {{$defaultCurrency->symbol}} <span class="caret"></span>
+                <button type="button" class="btn btn-default dropdown-toggle balanceCurrencyDropdown" data-toggle="dropdown" aria-expanded="false">
+                    <span id="balanceCurrentSymbol">{{$defaultCurrency->symbol}}</span> <span class="caret"></span>
                 </button>
                 <ul class="dropdown-menu" role="menu">
                     @foreach($currencies as $currency)
-                        <li><a href="#">{{{$currency->name}}}</a></li>
+                        <li><a href="#" class="currencySelect" data-id="{{{$currency->id}}}" data-field="balance" data-currency="{{{$currency->code}}}" data-symbol="{{{$currency->symbol}}}">{{{$currency->name}}}</a></li>
                     @endforeach
                 </ul>
             </div>
             {{Form::input('number', $name, $value, $options)}}
+            {{Form::input('hidden','balance_currency_id',$defaultCurrency->id)}}
             @include('form.feedback')
         </div>
     </div>
diff --git a/public/assets/javascript/firefly/firefly.js b/public/assets/javascript/firefly/firefly.js
index 6f2f799abf..871eb221b4 100644
--- a/public/assets/javascript/firefly/firefly.js
+++ b/public/assets/javascript/firefly/firefly.js
@@ -10,11 +10,11 @@ function currencySelect(e) {
     var code = target.data('code');
     var id = target.data('id');
     var fieldType = target.data('field');
-    var menu = $('.' + fieldType + 'currencyDropdown');
+    var menu = $('.' + fieldType + 'CurrencyDropdown');
 
     var symbolHolder = $('#' + fieldType + 'CurrentSymbol');
     symbolHolder.text(symbol);
-    $('input[name="amount_currency_id"]').val(id);
+    $('input[name="' + fieldType + '_currency_id"]').val(id);
 
     // close dropdown (hack hack)
     menu.click();