how to we convert one currency to another is there any formula? or plz give me an example. i have no idea how do we convert.
just use the ratio of the current exchange.
e.g. today:
1 USD = 1.0186 CAD
what is the value of $50 Cnd in US dollars
1/x = 1.0186/50
x = 50/1.0186 = 49.09