How To Configure Currencies In Magento 2

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Magento 2 is a widely used e-commerce platform that offers a wide range of features and functionalities. One such feature is the ability to configure currencies on the website. This feature allows store owners to set up multiple currencies and enable customers to shop and make purchases based on their preferred currency.

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In this article, we will discuss how to configure currencies in Magento 2, including adding new currencies, changing the default currency, and configuring currency symbols.

Adding A New Currency

Magento 2 allows you to add new currencies to your website. To do this, follow the steps below:

  1. Log in to the Magento 2 admin panel
  2. From the admin panel, go to Stores > Currency > Currency Rates
  3. Click on the "Add New Currency" button
  4. Select the currency you want to add from the dropdown list
  5. Enter the exchange rate for the currency (the exchange rate is the value of the currency in relation to the base currency)
  6. Click on the "Save Currency" button to add the new currency

Once you have added the new currency, it will be available for customers to use on your website.

Changing The Default Currency

In Magento 2, you can also change the default currency for your website. To do this, follow the steps below:

  1. Log in to the Magento 2 admin panel
  2. From the admin panel, go to Stores > Configuration > General > Currency Setup
  3. Click on the "Currency Options" tab
  4. In the "Base Currency" field, select the currency you want to set as the default currency
  5. Click on the "Save Config" button to save the changes

Once you have changed the default currency, all prices on your website will be displayed in the new default currency.

Configuring Currency Symbols

In Magento 2, you can also configure currency symbols to be displayed on your website. To do this, follow the steps below:

  1. Log in to the Magento 2 admin panel
  2. From the admin panel, go to Stores > Currency > Currency Symbols
  3. Select the currency you want to configure
  4. Enter the currency symbol in the "Currency Symbol" field
  5. Click on the "Save Currency Symbol" button to save the changes

Once you have configured the currency symbols, they will be displayed on your website alongside the prices.

Conclusion

In this article, we have discussed how to configure currencies in Magento 2. We have covered adding new currencies, changing the default currency, and configuring currency symbols. By following these steps, you can offer a more personalized and convenient shopping experience to your customers by allowing them to shop and make purchases in their preferred currency.

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