Handling Multiple Base Currencies with Magento

2011 Update! New content featuring extensive information for configuring a web server for Magento multiple websites and multiple domains.

This tutorial will enable you launch multi territory websites using a single domain name in a similar way to how Apple.com and other big multi-national companies deal with multiple base prices across different global regions.

Extract:

"Magento has the ability to handle distinct base currencies for multiple shops running off one code base. This offers great flexibility in pricing your products for different territories.

Using a well known online e-commerce store as an example (Apple.com) this article will demonstrate the benefits of choosing Magento commerce as your online shopping platform.

This example assumes that you serve customers in 3 global locations.

You serve:

1. U.S. customers in U.S. Dollars (USD)
2. UK customers in Sterling (GBP)
3. European customers in Euros (Euro)

When it comes to approaching the architecture of an international store, some firms will have a large array of international domain extensions at their disposal such as .co.uk, .us, eu, .com, etc. However, this approach is not always possible. This could be due to a lack of available domain extensions or maybe you just don't want to force your customers remember different domain names for different regions. Utilizing a single domain name could be the answer to your problems."

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