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This thread is resolved. Here is a description of the problem and solution.
Problem: Is it possible to change the currency automatically to the customer location on behave of the IP address?
Solution: With WooCommerce Multilingual it is not possible to switch to a certain currency automatically according a customer location IP address.
You can achieve this feature using some custom programming work which is beyond the scope of our support. At this point I would suggest you consider contacting one of our certified partners from this link: http://wpml.org/documentation/support/wpml-contractors/
Relevant Documentation: http://wpml.org/documentation/support/wpml-contractors/