Spend Caps are a part of the broader Ads Manager ecosystem and work in harmony with other campaign settings. Therefore, in order for a campaign to run within a Spend Cap, the status for the campaign itself must be “Running”.
Campaigns with other statuses (Draft, Paused, Exhausted, etc) may be added to Spend Caps, but they will not begin to spend until their individual status is “Running”.
USD will be set as the default currency for all Spend Caps, but advertisers can choose to change this setting. In addition to USD, options for the Spend Cap currency will be determined by the currencies of funding instruments that an advertiser has associated with their account.
If all of an advertiser’s funding sources are in USD, then they will only be able to create Spend Caps in USD.
If all of an advertiser’s funding sources are in CAD, then they will be able to create Spend Caps in USD (default) or CAD.
If an advertiser has some funding sources in CAD and some in JPY, then they will be able to create Spend Caps in either USD (default), CAD, or JPY.