Change your store currency in Shopify
The store currency is the unit every price in the store is shown in. This tutorial changes the example store from Canadian dollars to US dollars, and works out the converted prices for three products at the worked example rate of $0.73. Those converted prices are prices you enter yourself after the switch, as Step 7 sets out.
Changing the store currency does not convert your stored prices. Shopify updates the currency of your product prices, but not the amount: a product priced at $100.00 in Canadian dollars is priced at $100.00 in US dollars after the change, and the $28.00 Trail Crew Tee in the worked example below reads as $28.00 US dollars until you reprice it to $20.44. Repricing every product is part of the currency change.
Written · Shopify admin, desktop steps · 6 minutes read
The worked example
| Old currency | Canadian dollar (CAD) |
| New currency | US dollar (USD) |
| Example rate used | $1 CAD = $0.73 USD |
| Basket checked | 3 products: $95.00 CAD before the change, $69.35 USD after you reprice them |
| What the switch alone does to a price | $28.00 CAD reads as $28.00 USD — same number, new currency |
Download the record: currency-change.csv (123 bytes).
A currency record for the worked example change, at the worked example rate of $0.73. The rows sum to $95.00 CAD before the change and $69.35 USD for the prices you enter when you reprice.
1Open General settings
From your Shopify admin, go to Settings then General. In the Store defaults section you can choose which currency your store uses, for example USD, EUR, CAD, AUD or JPY.
2Open Change store currency
In the Store defaults section, click the menu beside the currency, then Change store currency.
3Pick the new currency
Select US dollar with the drop-down menu. The list is long, so type the first letters of the currency rather than scrolling.
4Read the risk checkbox
If you are changing your currency after your first order, you also need to check I understand the risk of changing the store currency. You can also pick a reason for changing the currency. Click Save.
5Check Shopify Payments
If you use Shopify Payments as your credit card payment gateway, you must change your currency by editing the bank account and currency settings used by Shopify Payments instead. The General settings change alone does not move it.
6Check the currency formatting
Optional: to change the way monetary amounts are displayed, click the menu again, then Change currency formatting, make your changes and click Save.
7Reprice every product
Review and update your product pricing before you take new orders: the stored numbers stayed the same through the switch, so each price still shows its old Canadian dollar amount, now labelled in US dollars. Work out each new price from your own rate — the table below shows the arithmetic at this guide's worked example rate — then enter the new prices yourself. Product by product: go to Products, open the product, replace the Price with the converted amount, and click Save. For the whole catalogue at once, select the products on the Products page and click Bulk edit to replace the prices in the bulk editor, or export the products to a CSV file, replace the price column with your converted amounts, and import the file back. Start with your best sellers, then finish the rest of the catalogue, so every price in the store is a price you set in the new currency.
The arithmetic
This is your own conversion math — the amounts to enter in Step 7. Each US dollar price below is the Canadian dollar price times the worked example rate of 0.73:
| Product | Price in CAD | Price in USD |
|---|---|---|
| Trail Crew Tee | $28.00 | $20.44 |
| Summit Hoodie | $45.00 | $32.85 |
| Canvas Tote | $22.00 | $16.06 |
| Basket total | $95.00 | $69.35 |
A $120.00 price repriced at the same rate becomes $87.60; left untouched, that same product stays at $120.00, now in US dollars. The basket total is $20.44 plus $32.85 plus $16.06, which is $69.35.
Held at the counter
Shopify Payments needs its own currency change. When Shopify Payments is your payment gateway, the currency change happens in the Shopify Payments bank account and currency settings. Changing it in General settings alone leaves the gateway on the old currency.
The risk checkbox appears only after the first order. If you change the currency after your first order, Shopify asks you to check that you understand the risk. A store with no orders yet does not see that step.
The rate in this guide is a worked example rate. $0.73 is the rate used to show the arithmetic in this tutorial. It is not a live exchange rate, and the rate on the day you change currency will be different.
Sources
- Adding business settings for your store — Shopify's help pages: the store currency steps, the risk checkbox, and the Shopify Payments note.
- Changing your store currency — Shopify's help pages: the currency of product prices updates but the amount stays the same (a price of 20 in the old currency reads as 20 in the new currency), and the instruction to review and update product pricing after the change.