Thursday, December 15, 2011

How much money would this be in USD?

I am trying to figure out how much the price of a hotel in Europe would be in USD. I looked up the currency exchange rates, and it said that one price in USD would be: +USD 33. Does that mean $33,000 or $3,300 or something else? Please help. This is for a school assignment. Thank you.|||Current Rate is 1 euro = 1.3633 USD


Take the Euros and multiple it with 1.3633 to arrive at USD figure .|||You take the amount in foreign currency, then multiply it by the exchange rate. For example, say that hotel room costs 100 Euros. If the exchange rate is 1 Euro = 1.40 USD, then you would multiply 100 x 1.40 to get the answer of $140 USD.





Here is a good website to look up exchange rates:





www.oanda.com





Just put the foreigh currency in the first box, then USD in the second and click convert. It will then tell you what the rate currently is (1 Foreign - X.XX USD). Remember, exchance rate change daily.

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