How to Have a Dual Currency in WooCommerce

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When running an online business, you want to ensure the best service for customers worldwide. WooCommerce is a platform you can use to set up your online shop and sell products worldwide!

When we say global, currency becomes an important factor because you want your customers to know the value of the product in local or regional currencies. So your customers will not be pressured to take extra charge and you will not lose any customer in the end for this reason. That’s where the dual currency factor works.

If you are running a WooCommerce store, you will only get a single base currency as the default option. But luckily, you can get dual currency support in the WooCommerce store. You can do this in multiple ways, from using the usual WooCommerce plugin to the new ShopReady WooCommece Builder for Element pages.

Let’s get into all of these methods here!

How to Have a Dual Currency in WooCommerce
How to Have a Dual Currency in WooCommerce

Why Should You Have Dual Currency In Woocommerce?

To maximize repeat sales and subscriptions for international customers, you must ensure a friendly and local customer experience on the checkout page. And you can do so by placing a dual currency or multi currency switcher in your WooCommerce store.

Given a preferred payment method, language and currency, your customer will probably complete a sale. When transacting and settling in local currency, users will not be forced to pay in full US dollars or euros.

Providing dual currency will help increase cross-border purchases and facilitate global sales. There are additional benefits to having dual currency in WooCommerce, including a few:

  • Avoid extra fees during currency conversion
  • Improve customer loyalty with price accuracy and consistency
  • Offer customers with alternative banking options with a local payment method
  • Minimize cart abandonments and refunds
  • Round the converted prices
  • Add overall value to the online store

How To Have A Dual Currency In Woocommerce?

How to Have a Dual Currency in WooCommerce
How to Have a Dual Currency in WooCommerce

In WooCommerce, you can only choose one base currency by default. It doesn’t have any built-in multi currency support. So you can’t really add a dual currency option manually in your WooCommerce store.

But don’t worry since there are some other ways you can implement this crucial payment support for your global customers. You can do it with one of the many plugins and builders for WooCommerce Currency Switcher.

There are some newest methods available, such as using the Elementor platform and its WooCommerce tool like ShopReady. Here we’ll talk about two approaches for having a dual currency on the WooCommerce site.

  1. Using Elementor & ShopReady Tool
  2. Using the WooCommerce plugin

Let’s find how you can implement these to add the dual currency support in your WooCommerce store to penetrate the global market better.

Using Elementor & ShopReady Tool

How to Have a Dual Currency in WooCommerce
How to Have a Dual Currency in WooCommerce

If you use Elementor to create your WooCommerce store, you’ve got a great way to support dual currency for your website. ShopReady Element is a great WooCommerce store builder for the platform.

With ShopReady, you can create a complete store with standard payment options and multiple currency support. And you can do this by adding the WooCommerce widget anywhere on the Element page.

ShopReady has a lot of features to set up your WooCommerce store in minutes. But here, we are focusing on its currency switcher. This feature allows users to view product prices in the currency of their choice and pay the price at the local conversion rate.

It has a module, a widget and an API that allows users to switch between currencies. Once implemented, you can set and display currencies for customers and allow users to change different currencies based on their needs.

Users can checkout after they make a purchase using the widget. Since it allows you to have a main and a native currency for users, it can ensure that you are looking for dual currency support.

Using Plugins

How to Have a Dual Currency in WooCommerce
How to Have a Dual Currency in WooCommerce

You’ll most likely use the ShopReady tool if you’re an Elementor fan. But if you’re not, there are quite a few plugins that can help you add dual or multiple currencies to your WooCommerce site.

Let’s find out the most popular ones here and how you can implement them on your WooCommerce site.

  • Multi-Currency

Multi-Currency is a popular WooCommerce plugin to help you switch currencies and re-calculating rates. It’s not merely a currency converter, in fact, it localizes the checkout experience with the converted prices to let customers pay in their preferred currency.

To install this extension, follow the steps below:

  • Go to your WooCommerce Dashboard and download the extension
  • Now go to Plugins, then click Add New, and click Upload to select the zip file you downloaded
  • Finally, click Install Now and Activate to enable the extension on your WooCommerce store
  • Once you activate the extension, the Multi-Currency tab will appear in Settings, either in the menu next to Recent Versions or in the Horizontal tab of previous versions. You must purchase a subscription to add to your WooCommerce site.

    The extension automatically retrieves rates from two exchange rate service providers such as OpenExchangeRates and Currencylayer. Since these two sites are free, you can open an account on this site to recover the extension rate.

    After you enable currency exchange rates, you need to choose the currency you want in your store. The plugin lets you add an unlimited number of currencies. You can also set the base currency or base currency.

    Now we come to how you can let your users enjoy this feature. For this, you need to place the currency switcher widget on top of the footer, sidebar or cart widget. It will have a drop-down menu with pre-set currency. For example, visitors will see CAD, USD, EUR, etc.

    Automatic dual currency options are the fun part of this plugin. This allows the customer’s geolocation to be automatically detected to set the currency according to the visitor’s country.

    If your WooCommerce store accepts the currency (listed in Settings), it will be enabled automatically. Otherwise, the default currency will be activated.

    WOOCS:

WooCommerce Currency Switcher (WOOCS) is a free and popular currency switcher for the WooCommerce platform. It’s a multi-currency switcher extension that allows customers to switch currency for the product price and get the converted rates in real-time. It also allows paying in the selected currency.

You can easily add this multi-currency extension to your WooCommerce store.  To do that, follow the steps below.

  • Go to the Plugins page of your site
  • Click Add New Plugin
  • Seach for WOOCS in the search box
  • Once WOOCS appears, install and activate the plugin
  • You can use it for free for the dual currency option, meaning for up to two currencies

Now let’s see how you can allow your customers to pay in their desired currency. Go to Advanced Tab and click Yes from the Is Multiple Allowed dropdown. You can display it using the shortcode or widget.

The plugin has an ajax widget/shortcode of currency rates and a currency converter to update currency rates automatically. It comes with a wide range of features and design options.

The significant one is its GEO IP feature for detecting local currency based on the user’s geolocation and IP address. You simply have to enable the “Checkout by GeoIP Rules” to let customers pay for products in their native currency.

  • CURCY

CURCY is a fantastic WooCommerce Plugin for switching between currencies. You can add a dual or multi-currency option easily using this extension. It’s available in both free and pro versions for WordPress and WooCommerce platforms.

This plugin allows users to see and pay product prices in their respective currencies. It can automatically detect the visitor’s country code using the IP address.

To install the plugin, go through the following steps:

  • Download the installation package from your account
  • Go to Plugins, click Add New, then click Upload Plugin, and select the zip file you already downloaded
  • Finally, click Install Now and Activate the plugin

To use it, go to the Dashboard, choose the plugin, and click the General Tab. Now you can manually set up and show multiple currencies and their exchange rates. Once you’re done, you should see it appearing in the sidebar allowing the users to choose between currencies.

You can also set the plugin to automatically detect the currency according to the visitor’s country or language. For this, you can select the Auto Select Currency, and the plugging will detect the country and the respective currency based on the users’ IP addresses.

You’ll also have to set the main currency that you’ll be mostly using for your WooCommerce store by default.

Why Use ShopReady To Have Dual Currency In WooCommerce?

How to Have a Dual Currency in WooCommerce
How to Have a Dual Currency in WooCommerce

We just talked about the ShopReady plugin that can help you create a WooCommerce store (with dual currency support) using the Elementor platform. We like to use ShopReady to create a WooCommerce store with dual currency options. There are some good reasons for this, which we will discuss below.

You can actually create online stores directly with many themes from WooCommerce Website Builder. But Elementer, especially Elementer Pro, is an amazing page-building tool that can help you display products to your liking and anywhere on the page.

It has a currency switcher module as a widget to add to Element pages. The tool comes with a rich collection of WC widgets to provide a convenient way to create WooCommerce stores with multicurrency support.

Therefore, this unique and holistic approach to creating WooCommerce with dual currency support is definitely worth recommending.

Conclusion

With a WooCommerce store, you definitely want to attract customers from all over the world. Having dual currency support gives international customers a sense of loyalty to value, which ultimately leads to increased sales through customer satisfaction.

That’s why in this article, we’ve talked about different ways that WooCommerce store owners can add dual currency support.

This method includes an overall way to add this feature – ShopReady WooCommerce Builder Tool for Elementor. Also, we’ve seen how you can use a great plugin to add dual support to your online store (from the top-rated ones).

We have discussed how to deal with all these options. So now it’s up to you to choose your desired currency switcher and create a native checkout experience for your customers!

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