Currency Conversion

To figure the dollar exchange use one dollar as the base amount. The currency to be exchanged is the term currency. Divide the base amount by the term amount and you get how much of the term currency that dollar amount buys.

Example 1: Euro exchange rate is .6333
1/.6333 = 1.5790. It takes 1.58 dollars to buy one Euro.

Example 2: English Pound rate is .5002
1/.5002 = 1.9999 or nearly two dollars to buy one English pound.

Example 3: Peso at 10.6327
1/10.6327 = .0940 dollars or about 9.4 cents to buy 1 peso

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