I'm trying to figure out how to calculate the currency exchange rate. I want to know the process or formula behind it so I can understand how much one currency is worth in relation to another.
7 answers
EtherealVoyager
Sun Nov 17 2024
To determine the exchange rate, you need to multiply the amount of money you possess by the prevalent exchange rate.
DondaejiDelight
Sun Nov 17 2024
This exchange rate can be easily accessed via various means. One of the most convenient ways is to use Google.
Eleonora
Sat Nov 16 2024
If the current exchange rate is 1 dollar equals 19.22 pesos, you can calculate the amount in pesos by multiplying $100 by 19.21.
Giulia
Sat Nov 16 2024
Simply typing in the desired currency conversion will yield the current rate instantly.
SolitudeSerenade
Sat Nov 16 2024
Alternatively, you can obtain the exchange rate by contacting the Department of the Treasury.