diff --git a/assets/js/admin/wc-setup.js b/assets/js/admin/wc-setup.js
index 443250cd796..64c78616bc9 100644
--- a/assets/js/admin/wc-setup.js
+++ b/assets/js/admin/wc-setup.js
@@ -1,4 +1,5 @@
 /*global wc_setup_params */
+/*global wc_setup_currencies */
 jQuery( function( $ ) {
 	function blockWizardUI() {
 		$('.wc-setup-content').block({
@@ -136,4 +137,9 @@ jQuery( function( $ ) {
 	} );
 
 	$( '.wc-wizard-services input#stripe_create_account' ).change();
+
+	$( 'select#store_country_state' ).on( 'change', function() {
+		var countryCode = this.value.split( ':' )[ 0 ];
+		$( 'select#currency_code' ).val( wc_setup_currencies[ countryCode ] ).change();
+	} );
 } );
diff --git a/includes/admin/class-wc-admin-setup-wizard.php b/includes/admin/class-wc-admin-setup-wizard.php
index 2be34ccd6dc..10c49a1e597 100644
--- a/includes/admin/class-wc-admin-setup-wizard.php
+++ b/includes/admin/class-wc-admin-setup-wizard.php
@@ -304,6 +304,9 @@ class WC_Admin_Setup_Wizard {
 			$state = '*';
 		}
 
+		$locale_info = include( WC()->plugin_path() . '/i18n/locale-info.php' );
+		$currency_by_country = wp_list_pluck( $locale_info, 'currency_code' );
+
 		?>
 		<form method="post" class="address-step">
 			<?php wp_nonce_field( 'wc-setup' ); ?>
@@ -391,6 +394,9 @@ class WC_Admin_Setup_Wizard {
 					</option>
 				<?php endforeach; ?>
 			</select>
+			<script type="text/javascript">
+				var wc_setup_currencies = <?php echo json_encode( $currency_by_country ); ?>;
+			</script>
 
 			<label class="location-prompt" for="product_type">
 				<?php esc_html_e( 'What type of product do you plan to sell?', 'woocommerce' ); ?>