In your store's Admin area, go to the System > Localization > Currencies
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Currency Title: Name Name of the currency.
Code: Name Name of the currency. You can find a list of codes here. All currency codes must be in uppercase.
Symbol Left: The The left currency symbol if the currency has one. An example would be the pound sign (£) for pound sterling.
Symbol Right: The The right currency symbol if the currency has one. An example would be the euro sign (€).
Decimal Places: The The number of decimal places used for a particular currency. Some currencies use more than 2 decimal places such as the Kuwaiti Dinar.
Value: The The currency value compared to your default currency. If the currency you are entering is going to be your your default currency you should you should set the value to 1.00000. The currency value will change automatically if you have auto update currency set to yes.
Status: Currency Currency status will determine if the currency is displayed on the front of site.
If you add more than one currency, a select Currency drop-down will appear on the storefront pages, through which your customers can choose their preferred currency method.