exchange rates

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Forum home » Delegate support and help forum » Microsoft Excel Training and help » Exchange rates

Exchange rates

resolvedResolved · Low Priority · Version 2003

Rebecca has attended:
Excel Intermediate course

Exchange rates

How do I calculate different exchange rates for various cells?

RE: Exchange rates

Hi Rebecca

Thank you for your question

Calculating exchange rates usually involves multiplying an amount by a fixed decimal to calculate the conversion.

In Excel the most efficient technique would be to place your conversion rate in a cell within your workbook, and then multiply the cells containing the unconverted currency by the conversion rate to get the new figure

I sense from your question however that you have a range of different currencies and you wish to choose which one to convert to. This would involve having a column in your table which specifies the currency to be used, and then to create a lookup table listing the currencies and there conversion rates. You would then use a Vlookup function to calculate the conversion.

Vlookups are covered on the advanced Excel course

Regards

Stephen

Tue 8 Dec 2009: Automatically marked as resolved.


 

Excel tip:

No Zeros

Want all the zeros in your worksheet to appear blank? Choose Tools/Options, Click on the View Tab, Deselect the Zero Values Option, Click OK.
Easy wasn't it? But be aware that these cells are not actually blank, they still contain the value zero. This is important because certain functions (ie AVERAGE) make a distinction between blank cells and those with a zero value.

View all Excel hints and tips


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