Undoubtedly, the on-line store on your site sells foreign goods. As a rule, the price for such items is calculated using the purchasing price. The latter is usually set in a foreign currency. However, the legislation requires that calculations of all trading operations be accomplished in the home state currency. The Currency module is used to simplify operations with such items and their prices.
The Currency module is designed to manage currencies and their exchange rates. This module is required for the proper functioning of the trade catalogues and on-line store modules.
The system allows you to flexibly manage currencies in the system. The list of currencies is defined by the site administrator. Face-values, exchange rates (they can be loaded from the Internet) and the display format for every site can be specified for each currency.
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