diff --git a/CHANGELOG.md b/CHANGELOG.md
index e96f70e1d..bc8dd4b65 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,8 @@
 # Changelog
 
+## 3.8.0 - 2017-10-31
+* [#606](https://github.com/stripe/stripe-ruby/pull/606) Support for exchange rates APIs
+
 ## 3.7.0 - 2017-10-26
 * [#603](https://github.com/stripe/stripe-ruby/pull/603) Support for listing source transactions
 
diff --git a/VERSION b/VERSION
index 7c69a55db..19811903a 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-3.7.0
+3.8.0
diff --git a/lib/stripe/version.rb b/lib/stripe/version.rb
index 4059a77d9..5426709de 100644
--- a/lib/stripe/version.rb
+++ b/lib/stripe/version.rb
@@ -1,3 +1,3 @@
 module Stripe
-  VERSION = "3.7.0".freeze
+  VERSION = "3.8.0".freeze
 end