[SOLVED] Manually changing the exchange rate

1 week 5 days ago - 1 week 1 day ago #316609 by sorozco
Hello.

We use american dollars as the main currency, and mexican pesos as the secondary. The exchange rate when users select pesos is very low. We would like to set our own exchange rate. Is that possible?
1 week 4 days ago #316615 by krileon
The exchange rate should be updated regularly from European Central Bank so should be completely accurate. There's no functionality to manually override currencies. I suppose you could try forcing it in the database, but your changes will likely be lost when it updates the exchange rates. Recommend confirming the exchange rate within CBSubs > Currencies.


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1 week 4 days ago #316623 by beat
But you can configure a multiplying factor in the CBSubs settings, first tab in the multicurrency, under "Markup of prices when not in currency of plan (in %)". That way, your conversion rate will always take in account your multi-currency extra-costs ;-)

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1 week 4 days ago #316631 by sorozco
Great Beat! That will work.

If I set a 5 in that field, it means there will be an increase of 5%? Or, should I set as 1.05% to get the 100% of the original price plus a 5%? It sounds to me that the first option is the way it works, but I want to be sure.
1 week 4 days ago #316635 by beat
> If I set a 5 in that field, it means there will be an increase of 5%

Yes, that's how it works. But best is to test it yourself to make sure it does the result you wish.

Beat - Community Builder Team Member

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1 week 1 day ago #316680 by sorozco
Thank you!
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