Ecommerce SEO Dilemma for Multi-Currency with Same Content

LX911

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Hello Guys, I am in a dilemma regarding the proper on-page seo for an ecommerce site. Let's say the site will be selling products in USD, AUD, CAD and INR however all the content will be the same. The site will detect the visitor's IP and display the currency accordingly. Also the targeting will be country specific like - example.com/us/product1 , example.com/ca/product1

My queries:
1. Is there any flaw in the directory structure? If yes what would be the right one?
2. Should alternate - hreflang tag be used to identify currency for country?

Anything you would like to add in!
 
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