As an online business owner, you should understand that your customers can purchase from all around the world. So, they might want to pay or see the price in their currency. That is why you are allowed to change Shopify currency. In this article, we will explain to you how to change it and show multiple currencies in your Shopify store.
How to change the default currency in Shopify?
The default currency in Shopify is the one that is shown on all your products. In other words, it is how your customers will see the prices of your items. So, in order to change Shopify currency, you need to go to your Shopify admin panel. At the left sidebar click on the “Settings”. Then, you will see the store settings. There, find the “General” tab. Right after clicking it, scroll down to “Standards and formats” selection. Now, you can find the field which allows you to change the default currency. In the drop-down menu, you can select one of the available currencies. Afterwards, click on the "save" button.
How to change Shopify currency according to customer preferences?
In order to create a multiple currencies option, that depends on your customer's preferences, you need to do some additional customizations. Shopify frontend allows you to create a drop-down menu of possible currencies. First, you need to go to Customize theme via Shopify admin. Then in Online Store select the Customize theme section. In the left sidebar with sections, click on the Header and scroll down to Currency selector. Keep in mind that you need to separate your currency codes with spaces and using the ISO 4217 3- letter currency code. Finally, do not forget to save your changes.
Charging your customers
You should know that you will be charging your customers in the currency that is allowed by your payment gateway provider, despite the currency that is shown next to your item. In other words, if you are using a UK bank, you cannot take payments in USD, and thus will charge your customers in GBP. You should use PayPal if you want to make transactions in USD.