This article explains how Gelato manages currency exchange rates for product and shipping prices to ensure transparent and stable pricing for your business.
Selling and Buying in Different Currencies
Gelato allows you to manage your sales and purchases in different currencies for greater flexibility. You can set your preferred currency on your sales platform and within your Gelato account.
Understanding Gelato's Pricing Currency
Gelato's product and shipping prices are fixed in the local currency of the production location. This means that the price you see for a product or shipping option will be based on the local currency of the place where it is produced or shipped from. The only exception is the 'worldwide' shipping region, where prices are fixed in EUR.
Fixed Conversion Rates for Stability
If your chosen currency differs from the local currency, a fixed conversion rate will be applied. This rate is determined and remains stable even if there are fluctuations in the currency exchange rates unless there are substantial deviations. This approach provides you with price certainty and helps you manage your costs effectively.