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  • Understanding Local Settings

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The two sections at the bottom of the "Currencies" page are very simple yet essential, as relate to your currencies exchange rates (or "conversion rates"). To quote Wikipedia, "In finance, an exchange rate between two currencies is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country’s currency in terms of another currency." Rates change daily, sometimes drastically depending on current events, and your shop should always be updated to the latest values.

Tip

In order to change the default currency, you must go to the "Localization" page of the "Localization" menu, and use the "Default currency" option from the "Configuration" section.
If the currency you want to use is not available in this option, you must import the currency from one of the countries which use it, using the "Import a localization pack" section of the "Localization" page.

Updating The Currency Rates

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