What Is The Math Formula For Converting Currency Complete Guide

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what is the math formula for converting currency. DO NOT give me currency conversion websites I need to write code to convert it but I do not actually need to convert any amount. Convert 8m into dollars using an exchange rate of USDEUR 080.

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B1 1701 C1 SUM A1B1 C1 should equal 31281 Instead it gives a value of 1322 B1 is formatted for currency C1 is formatted for currency Posted by Aladin Akyurek on December 22 2001 1224 AM. 8333 in that case. 1 US C14680 How do I write it in my pseudocode to calculate.

The formula for calculating exchange rates is to multiply when exchanging from base currency to a secondary currency and to divide when vice-versa.

Travelling abroad involves converting currencies into the currency of the country visited. The euro is the base currency. The basic formula always works like this. Therefore if the EURUSD exchange rate is 130 euros and 100 is to be converted into euros the formula is 100 divided by 13 giving 7692 euros.