# Currencies

At `Settings > Currencies`  you can manage the available currencies and select the default one. Once a base currency is selected, all other currencies' exchange rates are shown as conversion rates against the base currency.

<figure><img src="/files/By1S9qz16x882jG9Fux7" alt=""><figcaption></figcaption></figure>

Our system continuously updates exchange rates using data from the European Central Bank.

Keep in mind: changing the base currency does not convert or rewrite existing stored prices. It only changes the reference currency used for conversion, so storefront prices are displayed in the customer's selected currency relative to the new base currency.


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