2010-02-24

Which currency?

Euro or Lei or both?

Here in Romania, a lot of companies have the product prices in Euro. And makes sense ... you don't have risks regarding currency rate fluctuation. On the other hand, for me it's very strange to see and buy not in local currency.

It's clear, a lot of discussions followed to this topic, and a couple of ideas came up:
- to show both:  Euro and the calculated Lei price (on daily basis updated) for each article; meaning an extreme fluctuation in the local currency
- to show only Euro and only when ordering, the updated Lei price should appear
- to show only Lei - updated on daily basis
- to show only Lei, without daily update

I've chosen the last version. Reason: it's a romanian Online Shop and I don't agree with daily price changes  (that's nonsense from my point of view).

Now also my accountant is much more happy. It would not be very easy, if the products don't have a fix price for at  least half an year ;)

ToDo's:
  • decide the currency 
Conclusions:
  • it's a decision you can not change every day
  • consult the accountant before deciding

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