TABLE OF CONTENTS

Overview

To maintain consistent pricing when selling on overseas marketplaces, Omnivore allows you to set custom exchange rates. This ensures that your product prices remain stable and predictable, regardless of daily currency fluctuations.


Fixed Exchange Rate Setup

To fix the exchange rate so that your pricing doesn't fluctuate daily, so that the price is rounded, or so that you can control your prices .


To fix your exchange rate go to Settings > Currencies > Custom Exchange Rates.


In the following example, we are going to set the NZD rate equal to the AUD rate so that a product with a price of $29.95 in an NZD-based eCommerce store is also on eBay.com.au for $29.95.

  1. Click Add Custom Exchange Rate.
  2. In the From Currency field, select your base currency (e.g., if you're a New Zealand-based retailer, choose 'New Zealand Dollar').
  3. In the To Currency field, select the target currency (e.g., 'Australia Dollar').
  4. Set the Valid from date to today's date or a future date when you want the exchange rate to apply. 
  5. Enter your desired exchange rate in the Exchange Rate field (e.g., 1 NZD = 1 AUD).
  6. In the Reverse Exchange Rate field, enter the reciprocal rate (e.g., 1 AUD = 1 NZD).
  7. Click Submit.



By setting a fixed exchange rate, you can ensure that your product prices on overseas marketplaces reflect your intended pricing strategy, without being affected by daily currency fluctuations.