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Easy Steps to Change Facebook Ad Account Currency to Naira

Published on: November 20 2023 by Amadurs Tech Ltd

Easy Steps to Change Facebook Ad Account Currency to Naira

Table of Contents:

  1. Introduction
  2. The Problem of Changing Facebook Ad Account Currency
  3. The Difficulty of Sourcing US Dollars in Nigeria
  4. The Impact on Online Payments and Facebook Ads
  5. How to Change Your Facebook Ad Account Currency 5.1. Log in to Your Facebook Account 5.2. Go to Account Settings in Ads Manager 5.3. Click on "Change Currency/Time Zone" 5.4. Select Your New Currency and Time Zone 5.5. Create a New Ad Account 5.6. Confirm and Deactivate the Old Account 5.7. Overview of the New Ad Account
  6. Additional Settings and Options 6.1. Changing the Business Country 6.2. Payment Settings
  7. Conclusion
  8. Subscribe to the Online Ambassador Channel

How to Change Your Facebook Ad Account Currency

Facebook advertising has become an integral part of many businesses' marketing strategies. However, for businesses in Nigeria, changing the currency of their Facebook ad account from US dollars to the local currency, the naira, has been a challenge. The difficulty lies in the limited availability of US dollars and the restrictions imposed by Nigerian banks on using naira Visa and MasterCard for online transactions.

This article aims to provide a step-by-step guide on changing your Facebook ad account currency from US dollars to naira. By following these simple instructions, you can easily overcome the currency conversion hurdles and continue running your Facebook ad campaigns effectively.

To start, log in to your Facebook account and navigate to the Account Settings in Ads Manager. Look for the option labeled "Change Currency/Time Zone" and click on it. This will open a new window where you can select your desired currency and time zone. In this case, choose Nigerian naira as your currency and Africa/Nigeria as your time zone.

Once you have made the necessary selections, click on "Create New Account" to generate your new ad account in naira. Note that your old account will still be visible in the Ads Manager, but it will be deactivated, and all the activity and creative associated with it will no longer be accessible.

In the new ad account, you can further customize the settings according to your preferences. This includes changing the business country, which should align with the currency you have selected. If you want to modify the payment settings, you can do so by accessing the "Payment Settings" section.

In conclusion, changing your Facebook ad account currency from US dollars to naira is a relatively straightforward process that can be accomplished by following the steps outlined in this article. By making this switch, you can mitigate the challenges posed by limited availability of US dollars and continue running successful Facebook ad campaigns in Nigeria. Stay updated with valuable insights and tutorials by subscribing to the Online Ambassador Channel.

Highlights:

  1. Learn how to change your Facebook ad account currency from US dollars to naira.
  2. Overcome the challenges of sourcing US dollars in Nigeria for Facebook ads.
  3. Step-by-step guide to navigate the account settings and select the new currency.
  4. Customize the new ad account according to your preferences.
  5. Improve your online advertising strategies and reach your target audience effectively.

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