Online … For example, if you want to convert $100 to pesos when 1 dollar equals 19.22 pesos, then you would have 1,922 pesos after the exchange. Find out the current euro-to-dollar exchange rate, and multiply it by the price in euros. To find out how much it costs to buy one Canadian dollar using U.S. dollars use the following formula: 1/exchange rate. You can choose any two currencies and see the exchange rate from one to the other. Investopedia requires writers to use primary sources to support their work. In essence, money conversion is a simple task that has a much more complicated background. If not, there is a currency exchange at almost every major airport that will. Although I still have a long way to go before I can fully The total amount that the business would have to pay in GBP would be (50,000/1.359) = £36,792 to their supplier. To create this article, 31 people, some anonymous, worked to edit and improve it over time. Canadian money divided by American money equals the exchange rate from USA to Canada. Investors can use many different online resources to help calculate exchanges rates on the spot or familiarize themselves with the basic mathematics needed to calculate exchanges rates by hand. Let’s start with a basic example. If so, there are smartphone apps that do that. For example, if you have $100 and you get €80 back, your exchange rate would be 100 divided by 80, or 1.25 Euros per dollar. An American currency quotation is how much U.S. currency is needed to buy one unit of foreign currency. In that case, you’d need to change your Sterling to Euros every month. If you are 'converting' USD to CND (US dollars to Canadian dollars) for example, you would be selling USD and buying CND. Some banks have This price would be reflected by the Need a foreign currency? {"smallUrl":"https:\/\/www.wikihow.com\/images\/thumb\/3\/3d\/Calculate-Exchange-Rate-Step-1-Version-4.jpg\/v4-460px-Calculate-Exchange-Rate-Step-1-Version-4.jpg","bigUrl":"\/images\/thumb\/3\/3d\/Calculate-Exchange-Rate-Step-1-Version-4.jpg\/aid691760-v4-728px-Calculate-Exchange-Rate-Step-1-Version-4.jpg","smallWidth":460,"smallHeight":345,"bigWidth":"728","bigHeight":"546","licensing":"