Time for action – setting a currency rate

Here we go:

1. Hover on Localization and then click on the Currencies subtab. Quickly make sure that the default currency is set correctly because all the rates we set will be used in the calculations against your default currency.

2. Click on Update currency rates.

3. All the conversion rates will be automatically updated by your default currency. Please use it with caution, and according the rates are provided in the market at the moment.

What just happened?

Of course, the exchange rate is changing all the time. It is perfectly acceptable to set the rate a little higher and then just check it occasionally. We will look at auto configuring the conversion rate next. This might or might not be for you.

Auto exchange rate updates

Go to Localization | Currencies. On this page there is a button to update the currencies rates. So why didn't I tell you about this 10 minutes ago, well you might ask.

Quite simply because:

• There is a possibility that you may want to increase...