Magento is an open source e-commerce web application. Magento has various built in functionality that will grab you. If you tried to create Magento store with multiple functionality. Then of-course there will strongest solution is Magento. Suppose you want to create a Multi store in Magento and side by side you want to accept payment with multiple currencies. Yes, you can easily manage it by using Magento, for that you have to set multiple currencies.\r\nTo set this follow given process:\r\nProcess to setup Currency\r\nFrom Admin Go to System Menu --> Configuration --> Currency Setup\r\n\r\nTo setup currency for your store you have to set, Base Currency, Default Display Currency and Allowed Currency.\r\nShortly introduce now,\r\n\r\nWhat is Base Currency?\r\n\r\nIn above screen shot Base Currency set US Dollar.\r\nIt is the primary currency that used in your store for transaction. \r\nDefault Display Currency:\r\nIt is the currency that you want to show on your store by default.\r\n\r\nFor example,here we set as earlier Default Display Currency is British pound sterling.\r\nYour Default Display Currency at Front-end\r\nIn below screen shot British pound Sterling (\u00a3) is our default display currency\r\n\r\nAllowed Currencies:\r\nSelect currencies that you want to allow payment into your shop. You can select number of allowed currencies from drop down (by using control key)\r\n\r\nselect currencies that you want to accept for payment in your store. Allowed currency will shown at Catalog Page at drop down. You can select from drop down as per your \r\nchoice.\r\nYou has been set your all currencies but now you should assign Rate and Symbols to selected currencies. To set this:\r\nGo to System->Manage Currency->Rates\/Symbols\r\nYou can set Rates manually or import from Webservicex\r\n\r\nAssign Symbols to all declared currencies:\r\nSystem->Manage Currency->Symbols\r\nAutomatically window will display like following\r\n\r\nClick on Save \r\nResult Shown at Front-end:\r\nou can select Currency as per your choice that you want. Symbol and rate will change according to your currency selection.