The price fluctuates based on current exchange rates with the 50% price adjustment added on top. The price is calculated as 20.00 x x 1.5.

You can select automatic exchange rates and apply a price adjustment of 50% to the CAD prices.

The price is calculated as 20.00 x 1 x 1.5 = 30.00 CAD.

You can set a manual exchange rate of 1, and then apply an adjustment of 50% to control the CAD price using only the price adjustment.

The price is calculated as 20.00 x 1.3 x 1.2 = 32.00 CAD.

You can set a manual exchange rate of 1.3 to stabilize the CAD price, and then apply a price adjustment of 20%.

For example, if you have a product priced at 20.00 in your store currency of USD and price rounding is on to the nearest 1.00 for all markets, then you can control the pricing for your Canada market in any of the following ways: You can use price adjustments together with manual exchange rates. The manual rate applies only to products within a market that don't already have an international price set. International fixed prices will always take precedence over a manual conversion rate. These rates are based off of your store’s base currency in Settings > Store details, even for markets where you've set a base currency that's different from your store's currency. You can set a manual conversion rate for markets that aren't your primary market. For example, a USD to EUR exchange rate with a 1.5% conversion fee might look like this: 0.90867 x 1.015 = 0.9223. If you want to include this fee in your manual rate, then multiply your rate by the conversion fee for your store's country. When using manual exchange rate conversions, you might gain or lose money depending on the difference between your manual exchange rate and the current market exchange rate.Ī conversion fee applies to your currency conversion. This allows you to stabilize your prices per market, as opposed to your prices fluctuating with automatic exchange rates. You can set the currency exchange rate manually for each of your markets. If you have rounding rules active, then the converted price is rounded up to €8.85. ( Product price x currency conversion rate) x ( 1 + currency conversion fee) For example, when a $10.00 USD product is converted to Euros, the converted price of €8.81 includes the currency conversion rate and conversion fee. Your converted prices include your currency conversion costs. Your prices are converted by multiplying the product price by the currency conversion rate, adding the conversion fee, and then applying the rounding rules for that currency if applicable. 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 displays to the customer 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 displays 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.

Shopify pricing nz