Convert the currency within the journal

Hi All, 

My accounting currency is the Singapore dollar (screenshot 1).  I want this journal to convert to EUR based on the exchange rate that I set up.  In the General tab, I selected EUR (2nd screenshot).  The exchange rate is 1.10 which is correct.  When switching to the Overview tab, the currency now displays EUR, but the amount failed to convert to EUR (screenshot 3).  It's still 1000 SGD.  Am I missing any checkbox to make it convert?  Thanks so much!