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This video tutorial explains how to add a currency switcher plugin to a WooCommerce website. Two types of plugins, a free one and a paid one, are demonstrated. By implementing a currency switcher plugin, customers can pay in different currencies. This feature is particularly useful for international customers who want to see prices in their local currency. The tutorial shows how to display product prices in multiple currencies such as USD, Euro, GBP, and Australian dollar. This allows customers to pay in their preferred currency.