How to Calculate Currency Conversions
- 1). Find a conversion chart that gives the original currency and the conversion rate to the desired currency. X-rates.com has a chart with the exchange rates between several common currencies. Money.cnn.com also has a chart, though the chart only gives conversion rates from American dollars to several other common currencies.
- 2). Write down your initial amount of the first currency. Also write down the currency conversion rate.
- 3). Divide your starting amount by the currency conversion rate if the currency conversion rate is “currency 1” per “currency 2.” Multiply your starting amount by the currency conversion rate if the currency conversion rate is “currency 2” per “currency 1.” This number is the amount of money you have in the second currency.
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