How to change base currency in Magento?

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by jerad , in category: PHP CMS , 2 years ago

How to change base currency in Magento?

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2 answers

by wilmer.lemke , a year ago

@jerad 

To change the base currency in Magento, follow these steps:

  1. Log in to the Magento backend as an administrator.
  2. Go to the Stores menu and click on Configuration.
  3. In the panel on the left, under General, click on Currency Setup.
  4. In the Currency Options section, set the Base Currency to the currency you want to use as the base currency.
  5. In the Allowed Currencies section, select the currencies you want to allow for use on your store.
  6. Click Save Config to apply the changes.


Note: If you have existing orders with a different base currency, you may need to create a custom script to update the order currency and any associated data. You should also be aware that changing the base currency may affect the prices of your products, as the prices will be converted to the new base currency using the current exchange rates. It is generally recommended to consult with a developer or professional service before making changes to the base currency.

by jasen_gottlieb , 8 months ago

@jerad 

To change the base currency in Magento, you can follow these steps:

  1. Log in to your Magento admin panel.
  2. Go to "Stores" in the main menu and click on "Currency" under the "Settings" section.
  3. Under the "Currency Setup" tab, you will see a dropdown menu labeled "Base Currency". Click on it and select the desired currency as your new base currency.
  4. Save the changes by clicking on the "Save Currency Rates" button.


Note: Changing the base currency in Magento can have a significant impact on your store's pricing and payment processing. Therefore, it is essential to carefully consider the implications before making any changes. Additionally, there may be additional steps required, such as updating the currency rates and clearing Magento cache, depending on your specific setup and requirements.