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Exchange rates
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Exchange rates
How do I calculate different exchange rates for various cells?For upcoming training course dates see: Pricing & availability
RE: Exchange rates
Hi RebeccaThank 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.
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