diff --git a/cmd/cli/config.go b/cmd/cli/config.go
index f1c12d5..242d175 100644
--- a/cmd/cli/config.go
+++ b/cmd/cli/config.go
@@ -3,10 +3,11 @@ package cli
 type Config struct {
 	Files FileList
 	Query struct {
-		Period     Period
-		Sort       string
-		NoRounding bool
-		Depth      int
-		Reverse    bool
+		Period       Period
+		Sort         string
+		NoRounding   bool
+		Depth        int
+		Reverse      bool
+		NoExchanging bool
 	}
 }
diff --git a/cmd/cli/main.go b/cmd/cli/main.go
index 203f1d7..540e9b9 100644
--- a/cmd/cli/main.go
+++ b/cmd/cli/main.go
@@ -20,6 +20,7 @@ func Main() {
 	fs.BoolVar(&config.Query.NoRounding, "no-rounding", false, "no rounding")
 	fs.IntVar(&config.Query.Depth, "depth", 0, "depth grouping")
 	fs.BoolVar(&config.Query.Reverse, "r", false, "reverse printed accounts")
+	fs.BoolVar(&config.Query.NoExchanging, "no-exchanging", true, "omit currency exchanges")
 	if err := fs.Parse(os.Args[1:]); err != nil {
 		panic(err)
 	}
@@ -110,7 +111,17 @@ func Main() {
 
 		for _, transaction := range transactions {
 			balances := ledger.Deltas(transaction).Like(likes...).Balances()
-			if len(balances) > 0 {
+			shouldPrint := false
+			shouldPrint = shouldPrint || len(balances) > 2
+			if config.Query.NoExchanging {
+				shouldPrint = shouldPrint || len(balances) > 1
+				for _, v := range balances {
+					shouldPrint = shouldPrint || len(v) == 1
+				}
+			} else {
+				shouldPrint = shouldPrint || len(balances) > 0
+			}
+			if shouldPrint {
 				fmt.Printf("%s\t%s\n", transaction[0].Date, transaction[0].Description)
 				FPrintBalances(os.Stdout, "\t\t", ledger.Deltas(transaction).Like(likes...).Balances())
 			}