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What's The Formula For Calculating Exchange Rates?

I'd like to know how to calculate how many euros I would get for $75 at the exchange rate of $1.59 to 1euro? Let me rephrase. I'd like to know what the equation is for finding the rate of exchange. If I know that 1 euro buys $1.59; how can I find out how many euros $1 buys? In other words, how did you find that .63 figure, Zuhail? Thanks! FYI - $75 does not = 29e. The $ is bad, but not quite that bad!

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4 Answers - Sort by: Date | Rating

    The formula is clear

    1 Euro=$1.59
    so
    $1=0.63 euro

    similarly

    $75=29.euro

    1 0

    Zuhail  

    answered 2 years ago

      ---} Look at this exchange rate calculator {---

      It handles most of the world's currencies.
      1 0

      Jnawrocki  

      answered 2 years ago

      I use that site all the time, but I want to be able to calculate exchange rates with predicted exchange rates, not current ones. Thanks for the tip though.
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      Sld08fr

      Sld08fr

      commented 2 years ago

        Divide $75 by $1.59 = 47.1
        0 0

        Lee35  

        answered 2 years ago

        $1.59/1E convert to Euro 1E/$1.59=.63E/$ then multiply by $75 to get 47.25E
        0 0
        Guest

        Guest  

        answered 2 months ago

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