Shopify Currency Conversion Fee Calculator
See how Shopify's 1.5% currency conversion fee (Shopify Markets) affects your profit on international orders compared to domestic sales.
By Marginory team · Online sellers with hands-on experience across Etsy, Shopify & PODUpdated Fee data verified against official platform documentation
Note: Shopify Markets currency conversion fee is 1.5% when selling in local currencies via Shopify Payments. Only applies to international orders where the buyer pays in their currency. Verify in Shopify admin under Markets.
Shopify plan
$
$
$
Domestic vs. international profit per order
Payment processing fee-$1.75
Currency conversion fee (1.5%)-$0.75
Domestic profit$25.24 (50.5%)
International profit$24.49 (49.0%)
Margin lost to currency fee1.5pp
Monthly international cost
Currency conversion fees/mo-$22.50
Monthly international profit$734.71
How this is calculated
Currency conversion fee = sale price × 1.5%
International profit = sale price − payment fee − currency fee − product cost − shipping
Assumptions:
- 1.5% Shopify Markets currency conversion fee applies when showing local currency to buyers
- Does not apply if you sell in USD only (no local currency display)
- International shipping cost should be updated to reflect actual rates
Source: https://www.shopify.com/pricing · Last verified: 2026-07-02
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Frequently Asked Questions
What is Shopify's currency conversion fee?
Shopify charges a 1.5% currency conversion fee when you sell in a buyer's local currency using Shopify Markets (Shopify Payments required). For example, a US seller showing prices in GBP or EUR pays 1.5% of the sale amount for the currency conversion service.
How do I avoid Shopify's currency conversion fee?
Sell in USD only (no local currency display) — the fee only applies when you enable local currency pricing via Shopify Markets. Alternatively, if you're on Shopify Advanced, consider Shopify Markets Pro which has different pricing. Note: forcing all buyers to pay in USD may reduce conversion rates in international markets.
Is Shopify's 1.5% currency fee on top of payment processing?
Yes. If you're on Basic plan with Shopify Payments and sell internationally: 2.9% payment processing + $0.30 + 1.5% currency conversion = effectively 4.4% + $0.30 per international order (higher still if also paying the third-party transaction fee for not using Shopify Payments). Factor this into your international pricing strategy.
What's a worked example of the currency conversion fee impact?
A $50 sale on Basic with Shopify Payments: domestic profit after fees, $15 product cost, $8 shipping = $50 − $1.75 (2.9%+$0.30) − $15 − $8 = $25.25 (50.5% margin). The same order sold internationally in local currency adds a $0.75 currency fee (1.5% of $50), dropping profit to $24.50 (49% margin) — about a 1.5 percentage-point margin hit.
Should I price higher for international customers to offset the fee?
Many sellers add a small international surcharge (1–3%) or simply accept the thinner margin as a cost of expanding reach, since local-currency pricing is proven to lift international conversion rates more than the 1.5% fee costs in margin. Test both approaches — the right call depends on how price-sensitive your specific international audience is.
How does Shopify's currency fee compare to Etsy or eBay's cross-border fees?
Etsy charges no separate currency conversion fee to sellers (currency is handled in checkout, though buyers may see card network conversion), while eBay's cross-border trade involves its own international fee structure that varies by category and destination, often in a similar 1–2% range. Shopify's 1.5% Markets fee is comparable to, not dramatically higher than, marketplace equivalents.