Currency convertion with a calculator

hollowhead

Can anyone tell me how to convert currency with a calculator (not a crrency converter, Thanks:D

BritRael

hollowhead wrote: »

Can anyone tell me how to convert currency with a calculator (not a currency converter, Thanks:D

Take for example UK Pounds versus US Dollars, you might see a sign like this UK/USD = 1.67 This means for 1 pound you get 1.67 dollars. Or, if you have dollars, it costs you 1.67 dollars to buy 1 pound.

If you are overseas, (in this case the USA) and want to do a quick calculation, simply divide the price by the current rate. For example, you buy something for 58 dollars. Simply divide 58 by 1.67 = 34.73 pounds.

Does that make sense?

dzug1

Britrael has it covered but there are a couple of little gotchas:

buying and selling rates are rarely the same so for accuracy use the right one

allow for sales tax in the US - it won't be in the quoted price

malkie76

worth remembering of course that many states don't charge sales tax

AndyHo

Well if you consider 5 as many out of 50,

Alaska, Delaware, Montana, New Hampshire & Oregon

don't charge sales tax, the usual destinations do, CA 7.25%, FL 6%