Because these amounts are approximate conversions from your customer’s currency and can fluctuate based on the exchange market, they might differ from the total amount captured. When you fulfill a local currency order, line item prices are converted into your store's currency. The prices in your store change automatically with market exchange rates. When you sell in markets with local currencies, your online store prices are converted to your customer's currency. To learn more about subscriptions, refer to Subscriptions. If you sell subscription products and sell in multiple currencies, then the currency conversion rate stays the same as the first order that your customer places. You can lose or gain money in the following situations: Whenever there is a time delay in processing payments or refunds, there is a possibility that you might lose or gain money because of currency conversions. Payout currency - The currency that Shopify uses when depositing money in your bank account.Ĭurrency rates are always fluctuating.Local currency (also referred to as the customer or presentment currency) - The currency that the customer sees in your store and the currency that the customer uses when they pay for their orders at checkout.This is the currency that you use to set prices for your products and product variants in your Primary market, and it's the currency that appears in your reports. Store currency - The currency of your Shopify admin.Your store has three types of currencies: Selling and settling in different currencies and selling in local currencies.
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