Euro/US Dollar currency conversion formula
#3
Joined: Jan 2003
Posts: 11,212
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Here are links to 2 sites that give currency conversion rates.
http://www.xe.com/ucc/
http://www.oanda.com/
http://www.xe.com/ucc/
http://www.oanda.com/
#6
Original Poster
Joined: May 2003
Posts: 658
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I found a good site after I posted my question called i Google. Very simple.
http://www.google.com/ig?hl=en&referrer=ign_n
Ok, this probably a "dah" question, but what percentage to you put in calculator? I just bought a currency convertor and it asks for the countries rate. Please explain...
http://www.google.com/ig?hl=en&referrer=ign_n
Ok, this probably a "dah" question, but what percentage to you put in calculator? I just bought a currency convertor and it asks for the countries rate. Please explain...
#7

Joined: Mar 2005
Posts: 12,332
Likes: 0
Help us out katiekate. What are you trying to figure out?
As janisj said the conversion rate is about 1.5. (I've round off for simplicity sake). Take whatever price you see in euros and add one half to get you the price in dollars.
If you see something for 2 Euros, add 1/2 of that and you'll get the price is $3.
3.95 euros, round up to 4, add 1/2 (2), and you get $6.
As janisj said the conversion rate is about 1.5. (I've round off for simplicity sake). Take whatever price you see in euros and add one half to get you the price in dollars.
If you see something for 2 Euros, add 1/2 of that and you'll get the price is $3.
3.95 euros, round up to 4, add 1/2 (2), and you get $6.
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#10



Joined: Oct 2005
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#13
Joined: Jan 2003
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The USD is still very weak, but has started to gain strength after the presidential elections. It was EUR 1 = USD 1.59 in 4/2008 and is now EUR 1 = USD 1.28 . Still a far cry from EUR 1 = USD 0.97 in 2002.
Will we see a return to EUR 1 = USD 1 ?
More difficult to interpret is the GBP. The GBP has been overvalued for quite some time, so has dropped pretty rapidly against the USD & EUR.
2007 GBP 1 = USD 2+
2007 GBP 1 = EUR 1.5
Today, expect :
GBP 1 = USD 1.49
GBP 1 = EUR 1.16
Will we see EUR 1 = GBP 1 ?
Peter
Will we see a return to EUR 1 = USD 1 ?
More difficult to interpret is the GBP. The GBP has been overvalued for quite some time, so has dropped pretty rapidly against the USD & EUR.
2007 GBP 1 = USD 2+
2007 GBP 1 = EUR 1.5
Today, expect :
GBP 1 = USD 1.49
GBP 1 = EUR 1.16
Will we see EUR 1 = GBP 1 ?
Peter
#15

Joined: Mar 2005
Posts: 12,332
Likes: 0
The USD is still very weak, but has started to gain strength after the presidential elections?? Huh??
There was a big drop from mid July @ 1.59 to end of Oct @ 1.25, while oil was dropping at the same time. A 20% change. It's bounced between 1.25 to 1.30 for a couple of weeks, with really no net effect of the US election.
languagedoc maybe, but financialdoc no.
There was a big drop from mid July @ 1.59 to end of Oct @ 1.25, while oil was dropping at the same time. A 20% change. It's bounced between 1.25 to 1.30 for a couple of weeks, with really no net effect of the US election.
languagedoc maybe, but financialdoc no.
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guesswhoshai
Mexico & Central America
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Jul 23rd, 2008 05:05 PM


Thanks for helping me out.

