If you sell your products in multiple countries and price them based on their local currencies, you will usually need to track affiliate commissions in multiple currencies.
Post Affiliate Pro allows merchants to register sales in multiple currencies and convert commissions into the default currency. All commissions are internally converted into the default currency, which you will select during the configuration process. For each additional currency, you can define the exchange rate which will be used during the registration of the sale for converting the registered sale value to the default currency.
You can use an automatic exchange rate updater, and our software will automatically update the exchange rate of your other currencies once a day. This function relies on an API service provided by the European Central Bank (3rd party). For the exact rates of the supported currencies, you can check the Euro foreign exchange reference rates.
Post Affiliate Pro allows you to add any additional existing currency by clicking the Add currency button. You will now see a new line in the multiple currencies grid. Next, edit the cells in the grid and fill in the details of the new currency. Don’t forget to click on the Save modified rows button to save your currency changes.
Frequently Asked Questions
What is an automatic exchange rate updater?
If you use our automatic exchange rate updater function, our software will update currency exchange rates of your other currencies once a day automatically.