- Convert Currency with a Simple Excel Formula. You can convert currencies manually by extracting the exchange rates from the internet and multiplying the rates individually with the given amount to get the amount in your desired currency.
- Use Nested IF to Convert Currencies. You can also use nested IF rather than referencing exchange rates cell reference every time. The IF function takes three arguments in total.
- Use VLOOKUP Function to Convert Currency. You can convert currency using the VLOOKUP formula too. Vertical Lookup is spelled VLOOKUP. It is mostly used to extract a value from table data or a predetermined range of data.
- INDEX-MATCH Formula to Convert Currency in Excel. You can also use the INDEX & MATCH functions to convert currency in Excel. The INDEX function enables the extraction of a value both horizontally and vertically.
Jan 04, 2022 · Below is part of the CHOOSE function used to extract the exchange rates, where C3 is the desired currency number and C4 is the desired date. =CHOOSE (C3,VLOOKUP (C4,'FX Rate'!A:B,2,FALSE), VLOOKUP (C4,'FX Rate'!D:E,2,FALSE),... In this formula, the CHOOSE function performs the VLOOKUP that corresponds to the currency number in C3.
You can use formula as follows: 1. Find out the current exchange rate between US dollar and Euro, and enter it in a blank cell. In this case, 1 US dollar = 0.88462 euros. So enter 0.88462 in Cell C2. 2. in Cell D2, enter the formula of = B2*$C$2, and drag the fill handle over the range cell that you want to contain the formula.
Get the latest 1 Dutch Guilder to US Dollar rate for FREE with the original Universal Currency Converter. Set rate alerts for NLG to USD and learn more about Dutch Guilders and US Dollars from XE - the Currency Authority.
Feb 10, 2020 · In a second cell, use the formula =A2*Sheet2!$I$3, and replace “A2” with the cell that contains your USD price. Replace the second part of the formula with an absolute reference to the cell in the “exchangeRate” column on your imported data worksheet that contains the exchange rate to which you want to convert.
- Ben Stockton
Use the Currencies data type to calculate exchange rates Enter the currency pair in a cell using this format: From Currency / To Currency with the ISO currency codes. For example, enter "USD/EUR" to get the exchange rate from one United States Dollar to Euros. Select the cells and then select Insert > Table .