This applies to TF with electronic odometer only.
As far as I am aware the odometer reading is stored in at least two places on the car. I believe in the odometer itself and also the ECU. (I replaced my ECU and got a higher odometer reading, which messed up my limited mileage policy!)
Replacing either will result in the HIGHEST value stored being used, and set in the odometer display.
If you install a speedometer from a lower mileage car, then the mileage stored in the ECU will be used. If the odometer has a higher reading than the ECU, then the odometer reading will be used.
After this both stored values are syncronised.
So I believe if the new odometer has a lower reading, the stored value in the ECU will be displayed.
However not sure how this will impact when changing a KM odometer with an MPH ECU!
…...Noting down the old reading and the start reading on the replacement.