How can I see my actuals at other exchange rates (V4)?

This is a typical requirement that is easily met with the correct Scenarios. You have your normal Actual and Budget scenarios, and you just need to add another Scenario for "Actual at Budget rates". You copy your Actual data to this scenario, and your Budget rates to this scenario. Then when you run FX it translates Actual at Budget rates. Then FX analysis is simple variance reporting to see Total Variances vs FX Variances, etc.