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Universal Price based on exchange rates.

Posted: 07 Sep 2015, 09:58
by siddharthamahata
Most international ecommerce setups have a base price in a particular currency, which if needed in other currencies , changes according to the current exchange rates.

But aimeos requires the admin to input prices for different currencies individually.

I think this is not a good solution as the customer will be charged differently for different currencies when exchange rates change internationally. Also it will be highly inconvinient to update every currency price individually.

Why does aimeos has this kind of price setup?

Re: Universal Price based on exchange rates.

Posted: 07 Sep 2015, 12:45
by aimeos
siddharthamahata wrote:Most international ecommerce setups have a base price in a particular currency, which if needed in other currencies , changes according to the current exchange rates.

Why does aimeos has this kind of price setup?
Fixed exchange rates between currencies in e-commerce shops leads to arkward end user prices, like 9.90 EUR equals 11.58 USD. This is psychologically bad and 11.49 or 11.90 USD would be much better, so only very small shop owners who don't want to invest much time in their online business will use fixed exchange rates at all.

If only a minimum amount of time should be invested, shop owners can add an automatically calculated column for another currency they would like to support to their Excel product list. These file can then be imported into Aimeos: https://aimeos.org/docs/Developers/Cont ... and_format

Re: Universal Price based on exchange rates.

Posted: 07 Feb 2024, 16:12
by tekgroup
We need the exchange rate for many reasons for example : some countries had unstable currency rate with $ so the update prices every week or couples days not a good solution.

exchange rate will be an brilliant solution

Re: Universal Price based on exchange rates.

Posted: 09 Feb 2024, 10:08
by aimeos
It's possible to implement a price rule which multiplies the existing price with a configured exchange rate and updates the price item of the product (and it's currency accordingly):
https://aimeos.org/docs/latest/providers/rules/