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This tip is about the how to Convert Currencies in MS Excel. So read this free guide, How to Convert Currencies in MS Excel. If you have query related to same article you may contact us.
How to Convert Currencies in MS Excel – Guide
Imagine a situation where you are presented with an Excel spreadsheet in which multiple monetary values are kept in a certain column. It may be necessary to change the currency of all these values in the column and display them in a separate column. This can be important for financial organizations and for those involved in import and export business.
While there are many free and paid tools available that can help you convert currencies to columns directly, we will discuss them in this article. how to convert currencies in Microsoft Excel using a basic formula. Excel is estimated to be used by over 1.2 billion people in over 140 countries worldwide. With this widespread usage, it is necessary to accommodate and process data specific to different countries and currencies. As USD is the default currency for our model, we have users everywhere who want to convert financial models to Australian Dollar, Egyptian Pound, Euro, etc.
If you work with different currencies in an Excel worksheet, you should change the currency symbol in specific cells without affecting other cells. However, by formatting your numbers as “currency”, you can easily use multiple currency symbols in a single Excel worksheet. In this article, we will learn about how to convert currency in excel. You can also follow us on YouTube for more awesome tips, tricks and model tutorials.
How to convert currencies in Microsoft Excel?
Convert Currency in Excel with Excel Function
Assuming you have a budget with US Dollar and you need to convert the data to Euros in Excel. You can use the formula as follows:
Convert Currency in Excel with Kutools for Excel
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