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How to Change the Store’s Default Currency on Shopify
Last modified: September 4, 2024
Shopify, by default, has the currency set to US Dollars. But this isn’t applicable to all stores. You might have several stores for different areas of the world. For instance, you might have a US store, UK store, EU Store, Australian store, etc… For each of these stores, you’re going to want to have a unique default currency that matches the local currency.
You can do this really easily within the Shopify environment without needing any apps. In this article, we will teach you how to change your default currency on a store. This article can also serve as a way to offer customers a chance to change the currency to one that they prefer. However, for this, you might want to use one of the currency converter apps like this one here.
Anyway, here are the instructions.
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Step 1 – Log In
Log into your Shopify store’s admin section. This will take you to your Shopify store’s dashboard.
Step 2 – Themes
Now in the Shopify admin panel you need to go to your ‘Online Store’. Then choose the ‘Themes’ tab and then click on the ‘Customize Theme’ button. This is on the top right corner of the window that pops up.
Step 3 – Money Options
Now you need to scroll down and click on the tab that reads ‘Money Options’ to view the current currency settings. In this section, you can display a currency selector on your store. This allows customers to choose the currency they would like to buy the products in. While this is a good option, it is probably better to use one of the currency converter apps that can help you get real-time currency conversions.
However, if you wish to select the Shopify default currency for your site, you can add as many currencies as you would like. You can separate them with a space. Be sure that you’re using the ISO 4217 3-letter currency code to ensure that your currencies display correctly.
Be sure that you mark which of the currencies you have on your list as the default currency.
Step 4 – Publish Changes
When you’ve completed the above-mentioned steps, save the work that you’ve done by clicking on the ‘Save’ option.
Store Configurations and Customizing Currency Settings
Optimizing your store setup is crucial for creating a seamless shopping experience, and one essential aspect is getting a free Shopify account to kickstart your online venture.
While the process of creating a done-for-you store can be time-consuming, tools like the Shopify name generator can streamline the initial steps. Once your store is up and running, understanding Shopify key terms will help you navigate the platform more efficiently.
Among the various configurations, changing the default currency is a vital consideration, especially if you cater to an international audience. This not only enhances the shopping experience but also ensures accurate pricing and prevents potential misunderstandings.
However, it’s important to note that pausing your store might be necessary during the currency update process to avoid any disruptions or inconsistencies.
Conclusion: How to Change the Store’s Default Currency on Shopify
While this article has been about how to change the default currency on your Shopify store, it can also be used as a way to have multiple currencies on your website.
Though this is not the best option for many businesses. Instead, you might want to have one of the top Currency conversion apps that is available on the Shopify apps store.
There are free and premium versions available on the store. They can not only give you a wide range of options for currency selection but can include easy to select and choose from options (like using flags) as well as up-to-date conversion ratios that regularly update to ensure you’re not missing out.
This can save you time finding the international code for any currency that you have on your website.
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Will changing the default currency affect my existing orders or customers?
Changing the default currency on your Shopify store will not affect existing orders or customer accounts. The change will only apply to new orders placed after the update.
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How often do currency converter apps update their exchange rates?
Most reputable currency converter apps update their exchange rates daily or even hourly to ensure accurate and up-to-date currency conversions for your customers.
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Can I set different prices for different currencies?
Yes, some currency converter apps allow you to set different prices for different currencies, enabling you to account for variations in market conditions, taxes, and other factors across regions.