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exchange rate


Emhope

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Hello,

 

We are in the process of updating all of our domain prices. Is there a way to compensate for the exchange rate automatically?

 

We currently purchase all of our domains in USD but sell them in GBP. If I set my base rate as USD, could I setup automation to automatically update my GBP prices on a daily prices and still have GBP as my default currency for customers? This way we can always ensure the profit on a domain is the same even if the exchange rate changes.

 

I’m not sure if this is the best approach to this. I would like to make sure we are ready if the exchange rate drastically changes in the future, without manually going through each domain to change the price.

 

Thanks

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basically, yes.

 

https://forum.whmcs.com/showthread.php?115999-Domain-resellers-currency-conversion&p=468919#post468919

 

off the top of my head, i'm not sure which currency would be shown as default - but certainly existing customers (once logged in) would only see prices in their default currency (which they cannot change).

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Hi Brian,

 

Thank you for this information. It makes sense to me to set the base in USD and allow the prices to follow the exchange rate. At least this way I can’t be caught short if the exchange rate takes another big dip.

 

Hopefully there is a way to set my default currency back to £, 99% of our customers are from the UK and I don’t want to confuse them and start asking them to swap between currencies.

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Hopefully there is a way to set my default currency back to £, 99% of our customers are from the UK and I don’t want to confuse them and start asking them to swap between currencies.

actually you can't change your client currency once they make at least one purchase, you can but it will be wrong as WHMCS does not support multiple currencies the right way.

 

if your client has active account with you with active products/services, and their currency is GBP, and you or him need to pay you in USD he will need to signup again and use USD in the new account.

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Hopefully there is a way to set my default currency back to £, 99% of our customers are from the UK and I don’t want to confuse them and start asking them to swap between currencies.

there are ways - the most basic of which is to tweak your URL links...

 

http://docs.whmcs.com/Linking_to_WHMCS#Specifying_Currency_in_a_link

 

as I said, it can be done - but the best way will depend upon your website and exactly what you need to do.

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