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With Multiple Currencies enabled, there is a currency field on Page Layouts that is only displayed when a record is in the "edit" view. This is because a set "default currency" for the record exists, which is separate from the Corporate Currency that was set for the Organization as a whole.
When in "Edit" mode for the record's Page Layout, notice a picklist field of all available currencies. The value selected is set as the default currency for the record. Currency fields for the record are displayed in the selected currency with the Corporate Currency displayed in parentheses.
Note: If the default currency picklist field is hidden on the Page Layout, the record's default currency is set to whichever currency is set as default on the record creator's User record. To change it, the currency field must be made visible on the Page Layout of the respective Object.
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