Currency convertions???

I went for an assesment day to become a travel advisor but my knowledge of convertions let me down, now I have another chance so I need to know How do I convert to and from currencies? kai x
Question asked by: kailee

Asked on: 04 Mar 2009

It is really easy, first of all you need to know what is called the exchange rate - this is what lets you change from one currency to another.

For instance imagine that £1 is worth $1.5 US dollars, then we know the exchange rate is 1 to 1.5

Therefore £10 is worth 10x 1.5 dollars = $15 dollars: just multiply by the exchange rate to get the amount of the second currency.

To go the other way, divide by it, e.g. 15 dollars is 15 / 1.5 = £10
By: knowitall
Replied at: 11 Mar 2009
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