diff --git a/dev-docs/modules/currency.md b/dev-docs/modules/currency.md
index 264aa64de7..a75754096c 100644
--- a/dev-docs/modules/currency.md
+++ b/dev-docs/modules/currency.md
@@ -254,7 +254,7 @@ a currency object that may contain several parameters:
 
 ### Prebid.org's currency file
 
-Prebid.org hosts a conversion file at [https://currency.prebid.org/latest.json](https://currency.prebid.org/latest.json). The currencies currently supported are: AUD, BGN, BRL, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, ILS, INR, ISK, JPY, KRW, MXN, MYR, NOK, NZD, PHP, PLN, RON, RUB, SEK, SGD, THB, TRY, USD, ZAR.
+Prebid.org hosts a conversion file at [https://cdn.jsdelivr.net/gh/prebid/currency-file@1/latest.json](https://cdn.jsdelivr.net/gh/prebid/currency-file@1/latest.json). The currencies currently supported are: AUD, BGN, BRL, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, ILS, INR, ISK, JPY, KRW, MXN, MYR, NOK, NZD, PHP, PLN, RON, RUB, SEK, SGD, THB, TRY, USD, ZAR.
 
 {: .alert.alert-warning :}
 The currencies on this list could change if the underlying API source changes. If a desired currency isn't on this list, you will need to generate and host your own conversion file.
@@ -294,13 +294,14 @@ the file will be loaded well before bids return.
 
 **What happens if the file doesn't load on time or not at all or doesn't contain a necessary conversion?**
 
-If the currency feature is turned on and the file's not back by the time the system
-needs to convert a bid, that bid is queued until the currency file has loaded.
+If the currency feature is turned on and the conversion file's not back by the time the system
+needs to convert a bid, the `defaultRates` will be used. If there aren't any `defaultRates`, bids are queued
+until the currency file has loaded.
 
-The bid is also skipped if the file doesn't contain a conversion from the bid currency
-to the ad server currency.
+If the Prebid timeout occurs while bids are still on the queue, they will be skipped rather than passed to the ad server.
 
-If the timeout occurs while bids are still on the queue, they will be skipped rather than passed to the ad server.
+A bid is also skipped if the file (or `defaultRates`) doesn't contain a conversion from the bid currency
+to the ad server currency.
 
 **Can I use the DFP Secondary Currency Feature instead?**