diff --git a/kdeplasma-addons/applets/qalculate/qalculate_applet.cpp b/kdeplasma-addons/applets/qalculate/qalculate_applet.cpp
index ec13ffd6..32dca01c 100644
--- a/kdeplasma-addons/applets/qalculate/qalculate_applet.cpp
+++ b/kdeplasma-addons/applets/qalculate/qalculate_applet.cpp
@@ -82,10 +82,10 @@ QalculateApplet::~QalculateApplet()
 
 void QalculateApplet::init()
 {
+    m_settings->readSettings();
     if (m_settings->updateExchangeRatesAtStartup()) {
         m_engine->updateExchangeRates();
     }
-    m_settings->readSettings();
     m_history->setHistoryItems(m_settings->historyItems());
 
     graphicsWidget();