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Currency Conversions

  1. #1
    Registered User
    Join Date
    06-17-2008
    Posts
    53

    Currency Conversions

    Hi all,

    Question on how to set this up.

    I have one Column containing Executive Compensation in Israeli Sheikels per month. I want to type in a formula to convert those figures to USD per year.

    The current conversion rate for Shekels to dollars is 0.24834US Dollar per Israeli New Shekel This exchange rate is based on the daily rates for the US dollar.

    What would the formula be?

    Thanks!

  2. #2
    Forum Expert
    Join Date
    01-12-2007
    Location
    New Jersey
    Posts
    2,127
    If the Israeli amount is in A1, and the conversion rate is in B1, then

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    should give the proper result

    Edit:

    Actually, go with

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