Understanding how heatmap manages different currencies is important for accurately interpreting your revenue data. Here's what you need to know about currency display in heatmap:
Current Currency Handling At present, heatmap uses a standardized approach to currency display:
All currencies are converted to USD: Regardless of the original currency of your transactions, heatmap automatically converts all revenue data to US Dollars (USD).
Consistent display: You'll see all monetary values in your heatmaps and reports displayed in USD.
Why USD? Using a single, widely-recognized currency like USD offers several benefits:
Consistency: It allows for easy comparison across different pages, products, or time periods.
Simplicity: You don't need to manually convert between currencies when analyzing data.
Global standard: USD is widely used in international business, making it a practical choice for a diverse user base.
How Conversion Works
heatmap uses current exchange rates to convert your original transaction currencies to USD.
This conversion happens automatically in the background.
The USD equivalent you see in heatmap may slightly differ from your original currency due to exchange rate fluctuations.
Important Notes
Original Data: Your original transaction data in your e-commerce platform or other tools remains unchanged. The conversion to USD is only for display purposes within heatmap.
Analysis: When analyzing your data, remember that you're looking at USD equivalents. This is particularly important if your business operates primarily in a currency with a significantly different value than USD.
Future Plans: Multiple Currency Support
We understand that some users may prefer to view their data in currencies other than USD. We're excited to announce that multiple currency support is planned for a future release. This feature will allow you to choose your preferred display currency.
Need More Information?
If you have questions about how currency conversion might affect your specific use case, or if you need help interpreting your data, our support team is here to assist you. Please contact us through the in-app chat or email support@heatmap.com.
Remember, while all values are currently displayed in USD, this doesn't affect the accuracy of your data analysis. heatmap's conversion ensures you can make consistent comparisons across all your heatmaps and reports.