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 & POD
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-$1.30
Currency conversion fee (1.5%)-$0.75
Domestic profit$25.69 (51.4%)
International profit$24.94 (49.9%)
Margin lost to currency fee1.5pp
Monthly international cost
Currency conversion fees/mo-$22.50
Monthly international profit$748.21
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: 2025-06-01
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% payment processing + $0.30 + 1.5% currency conversion = effectively 3.5% + $0.30 per international order. Factor this into your international pricing strategy.