diff --git a/src/backend/file/gnc-commodity-xml-v2.c b/src/backend/file/gnc-commodity-xml-v2.c
index ae0fbcd649..e63d5fb4ad 100644
--- a/src/backend/file/gnc-commodity-xml-v2.c
+++ b/src/backend/file/gnc-commodity-xml-v2.c
@@ -249,7 +249,7 @@ gnc_commodity_end_handler(gpointer data_for_children,
                           gpointer parent_data, gpointer global_data,
                           gpointer *result, const gchar *tag)
 {
-    gnc_commodity *com;
+    gnc_commodity *com, *old_com;
     xmlNodePtr achild;
     xmlNodePtr tree = (xmlNodePtr)data_for_children;
     gxpf_data *gdata = (gxpf_data*)global_data;
@@ -269,9 +269,10 @@ gnc_commodity_end_handler(gpointer data_for_children,
     
     g_return_val_if_fail(tree, FALSE);
 
-    com = gnc_commodity_find_currency(book, tree);
-    if (!com)
-      com = gnc_commodity_new(book, NULL, NULL, NULL, NULL, 0); 
+    com = gnc_commodity_new(book, NULL, NULL, NULL, NULL, 0); 
+    old_com = gnc_commodity_find_currency(book, tree);
+    if (old_com)
+        gnc_commodity_copy(com, old_com);
 
     for(achild = tree->xmlChildrenNode; achild; achild = achild->next)
     {
diff --git a/src/engine/gnc-commodity.c b/src/engine/gnc-commodity.c
index f72b303a29..d31e08da01 100644
--- a/src/engine/gnc-commodity.c
+++ b/src/engine/gnc-commodity.c
@@ -1770,6 +1770,20 @@ gnc_commodity_table_insert(gnc_commodity_table * table,
       LEAVE("already in table");
       return c;
     }
+
+    /* Backward compatability support for currencies that have
+     * recently changed. */
+    if (priv->namespace->iso4217) {
+      guint i;
+      for (i = 0; i < GNC_NEW_ISO_CODES; i++) {
+        if (!priv->mnemonic
+            || !strcmp(priv->mnemonic, gnc_new_iso_codes[i].old_code)) {
+          gnc_commodity_set_mnemonic(comm, gnc_new_iso_codes[i].new_code);
+          break;
+        }
+      }
+    }
+
     gnc_commodity_copy (c, comm);
     gnc_commodity_destroy (comm);
     LEAVE("found at %p", c);