How Do You Convert American Dollars To British Pounds?
When traveling in Britain, pay in British pounds by drawing money out of an ATM or using a credit card. Avoid currency exchange shops and kiosks, which will give you a weaker rate and will charge commissions. You will also need to know how to determine and calculate the exchange rate between US dollars and British pounds, which is easily done. Visit Reuters.com using the link by References. Click on “finance” then “currency” to check the rate of conversion between US dollars and British pounds. Set the currency converter to one US dollar. Click on the tab beneath it and choose “British Pound” (GBP). Click on the red “Go.” The next page will show you the rate of exchange, for example .646. This means that one dollar equals .646 British pounds. Multiply the number of dollars that you have by .646. The answer tells you how much your American money is worth in British pounds. For example, if you have $813, you would multiply that by .646 and get 525.198. Thus you have approximately 525 Bri
