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In this video tutorial, the host explains how to change the currency on Facebook ads. They start by emphasizing the importance of optimizing your Facebook page or business profile before creating ads. To change the currency, the user needs to navigate to the settings by clicking on the account photo, then selecting “Settings and Privacy.” Once in the settings menu, the user should find the option for ads to proceed with changing the currency. The tutorial aims to assist business owners and influencers in effectively utilizing Facebook ads for their needs.