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You can calculate an exchange rate by dividing the amount of the currency you start with by the amount of the foreign currency you'll get back. 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.

Confusing when to multiply or divide by the exchange rate One way to remember is with the rule: If you are going from the ?1? to the other currency then multiply. If you are going to the ?1? from the other currency then divide.

How to Convert Currency in Excel - YouTube YouTube Start of suggested clip End of suggested clip Open your excel file with three columns. Value in dollar exchange rate and value in euro. Then openMoreOpen your excel file with three columns. Value in dollar exchange rate and value in euro. Then open google.com. And search dollar to euro.

If you don't know the exchange rate, you can use this formula: starting amount (base currency) / ending amount (foreign currency) = exchange rate. Use the currency conversion formulas mentioned earlier to calculate how much you'd get for your currency if you were trading in the forex market.

If you don't know the exchange rate, you can use this formula: starting amount (base currency) / ending amount (foreign currency) = exchange rate.

=VLOOKUP(C2,F2:G7,2,0)*A2 of Simple Currency Conversion in Excel. The Vlookup operation syntax locates the currency in the Excel Table, and then retrieves the current Currency Conversion Rate from column G and converts the USD amount.

The other option is to do the calculation manually using a simple mathematical formula. However, in order to do this, you need to know the current exchange rate. At the time of writing, $1 CAD is worth $0.76 USD. Once you know that information, multiply the amount you have in CAD by the current exchange rate.