General
      Back to home
      1. Help Centre
      2. General

      How does MerchantSpring calculate currency conversion?

      MerchantSpring converts currencies daily using ExchangeRate-API's average rates, ensuring accurate and consistent reporting across marketplaces.

      MerchantSpring records all sales, fees, and other financial data in the store’s native currency first.
      For example:

      • Amazon.com → USD

      • Amazon.co.uk → GBP

      • Amazon.com.au → AUD

      If you’ve chosen a different reporting currency in MerchantSpring, we’ll convert these amounts once per day using the latest exchange rates provided by our trusted partner, ExchangeRate-API.

      This ensures your reporting stays:

      • Consistent — All marketplaces are aligned in your selected reporting currency

      • Up to date — Exchange rates refresh daily

      • Accurate — We base conversions on the average daily rate, not fixed or outdated figures

      Tip: If your reporting currency matches the store’s native currency, no conversion is applied — you’ll see the original values as Amazon reports them.