General
Handling of currencies
How to work with currencies in Merchant Center.
Key features
- Add and edit currencies under Settings > Currencies
- Set the exchange rate, symbol, decimals, and rounding method per currency
- Use a price multiplier to adjust prices for a market
- Connect a currency to a market and enable it on products
Quick guide
- Go to Settings > Currencies and click New.
- Enter the required information and click Save.
- Connect the currency to a market under Settings > Markets.
- Enable the currency on products, manually or via the import tool.
Under Settings > Currencies you find a list of available currencies, where you can add new currencies or edit existing ones.
Field descriptions
| Field | Description |
|---|---|
| Name | The full name of the currency. |
| Rate | The exchange rate. This rate is static and must be updated manually when changes are needed. |
| Symbol | The text or symbol representing the currency (for example € for Euro instead of EUR), often displayed alongside prices. |
| Abbreviation | The three-letter code for the currency (for example USD for US Dollar). |
| Decimals | Up to 2 decimals for all currencies, except the default currency. The default currency's decimals are based on the product's set prices, which overrides this setting. |
| Rounding Method | How the currency rounds (see below). |
| Price Multiplier | Used alongside the exchange rate to adjust prices for a specific currency, letting you account for VAT or set lower or higher prices in a market (for example a multiplier of 0.8). |
| Space for symbol | If checked, a space is applied between the symbol and the price. |
| Put symbol behind | If checked, the symbol is placed after the numbers in the price. |
Rounding methods
| Method | Description |
|---|---|
| Default rounding | Rounds to the defined number of decimals. |
| Nearest 9 | Rounds to the nearest 9. For example, 36 rounds up to 39, or 31 rounds down to 29. |
| Nearest integer | Rounds to the nearest integer. For example, 36 rounds up to 40, or 31 rounds down to 30. |
| Nearest point 9 | Rounds to the nearest point 9. For example, 19.7 rounds up to 19.9, or 19.2 rounds down to 18.9. |
Adding a new currency
- Go to Settings > Currencies and click New.
- Enter the required information and click Save.
- Connect the currency to a market: go to Settings > Markets, find the market, select the new currency in the currency dropdown, and click Save.
- Enable the currency on products, either manually under the Prices tab for each product, or via the import tool for batch updates.
To see the currency under the Prices tab on a product, you must save the product first, since the new currency is calculated based on the default price on save. After saving, the new currency appears in the prices list.
To add the new currency to multiple products via the import tool:
- Do a product import with the import/update mode.
- Map the columns ID, Name, and Price (the current price).
- Start the import to update the products.
First export a list of all your products from the Products (PIM) list. Show only the ID, Name, and Price columns via column options and click Export this, then use that file in the product import to enable the new currency.
Rate change
- Enter the desired rate in the Rate field and click Save.
- Changing the rate affects future orders, but does not automatically update existing product prices in Merchant Center.
- To apply the new rate to a product's prices, save the product first (as when adding a new currency). This recalculates the price based on the new rate.
For more detail, see the steps above on updating prices manually or via the import tool.
Changing the rate does not apply to or recalculate locked prices.