I’m trying to add the Mexican Peso into one of my currencies on my website but I’m not getting the right exchange. 1 US Dollar = 11.8935 Mexican Peso. So I go to Administration > Currencies and add the Mexican Peso with a Rate of 11.8935 but It doesn’t give me the right exchange. For $30 US Dollars is telling me it is $2.52 Pesos when it should really be 356.804 MXN.
I attached screen shot of my settings.
[quote name=‘joelstitch’]I’m trying to add the Mexican Peso into one of my currencies on my website but I’m not getting the right exchange. 1 US Dollar = 11.8935 Mexican Peso. So I go to Administration > Currencies and add the Mexican Peso with a Rate of 11.8935 but It doesn’t give me the right exchange. For $30 US Dollars is telling me it is $2.52 Pesos when it should really be 356.804 MXN.
I attached screen shot of my settings.[/QUOTE]
As USD as a default currency in your store, you should use 1/11.8935 = 0.0841 as a rate. In this case for $30, it will be approximately 356 MXN.
[quote name=‘orangegirl’]As USD as a default currency in your store, you should use 1/11.8935 = 0.0841 as a rate. In this case for $30, it will be approximately 356 MXN.[/QUOTE]
Thanks, that did it. I thought I had to convert 1 US Dollar to Peso and add the equivalent to the rate but its the opposite.