Purchase Abroad - Help Me Convert

Ms_Chocaholic

Hi

I purchased three items together on my credit card during a recent trip to the US. The items are as follows:

Item 1 - $98
Item 2 - $18
Item 3 - $74

The transaction has appeared on my credit card in sterling as £117.47

I have no idea how to apportion the different amounts to the total in sterling. One of the items is for a friend and she is giving me the money.

I hope someone can help.

Thank you.

Ms C x

SnowTiger

Ms_Chocaholic wrote: »

I purchased three items together on my credit card during a recent trip to the US. The items are as follows:

Item 1 - $98
Item 2 - $18
Item 3 - $74

The transaction has appeared on my credit card in sterling as £117.47

Item 1: £60.59
Item 2: £11.13
Item 3: £45.75

Ms_Chocaholic

Wow, thank you so very much xxx

badger09

OP

You might want to know how SnowTiger got to the answer :cool:

$98 + $18 + $74 = $190

$190 = £117.47

So

$98/$190 x £117.47 = £60.59

$18/$190 x £117.47 = £11.13

$74/$150 x £117.47 = £45.75

HTH

agrinnall

Or, as basic algebra:

Assume exchange rate is x

98x + 18x + 74x = 117.47

190x = 117.47

x = 117.47/190

x = 0.6183

So the converted amount of the first item is 98 * 0.6183 = 60.59
(which luckily agrees with both Tiger and badger's calculations).

polymaff

As has been said, divi it out proportionally. Some card companies charge a fee. Don't forget to divi that out, too

Here is a recent broken-out-fee example from my NatWest Card:

XXXXX COMMUNICATIO 49.00 USD £29.50
NON-STERLING TRANSACTI FEE...... £0.81

(Two minutes to write - five minutes to make the two £ values line up correctly - D'ohhh)

Ms_Chocaholic

I used a Santander Zero credit card which I understand is fee free, I'll double check when my statement arrives and let you know.

badger09

Ms_Chocaholic wrote: »

I used a Santander Zero credit card which I understand is fee free, I'll double check when my statement arrives and let you know.

If you are charged a fee and want to apportion it so your friend pays her/his share just substitute the fee for the £117.47 in my post 4 above

YorkshireBoy

Ms_Chocaholic wrote: »

I used a Santander Zero credit card which I understand is fee free

It is, and was my first choice card (for years) for overseas use until I got my Nationwide Select credit card (not only fee-free, but also gave 0% on purchases for 15 months) and Metro Bank debit card.

anoncol

YorkshireBoy wrote: »

It is, and was my first choice card (for years) for overseas use until I got my Nationwide Select credit card (not only fee-free, but also gave 0% on purchases for 15 months) and Metro Bank debit card.

I've not heard of the nationwide select credit card before. Its that better than the halifax clarity?

YorkshireBoy

anoncol wrote: »

I've not heard of the nationwide select credit card before. Its that better than the halifax clarity?

Not for cash, no.