Overview
Currencies allow pricing to be managed in different monetary units. Each currency has an exchange rate relative to the default currency, enabling price conversion.Fields
Relationships
Scopes
Creating a currency
Exchange rates
Exchange rates are relative to the default currency. For example, given the following default currency:1 as the base. To add EUR (Euros) when the exchange rate from GBP to EUR is 1.17, the value should be relative to the default: 1 / 1.17 = 0.8547.
The exchange rate is independent of product pricing, as prices can be specified per currency directly. The exchange rate serves as a helper when working with prices.