How Do You Convert Currency From Pounds To Dollars?
If you are holding on to some British pounds and you want to know how much they are worth in U.S. currency, you just need to know what the current exchange rate is for the day. Rates change daily and hourly. If you inquire in the morning, it is possible that by noon of the same day the rate could have changed. Generally, the rate stays steady throughout the day with minor fluctuations. Ask your bank. Bank rates are lower than rates in other places such as currency dealers. Go online and look for the exchange rate for the British pound and then the exchange rate for the U.S. dollar. Calculate the equivalences. Multiply the amount of pounds you have to the exchange rate for one U.S. dollar. For instance, given that the exchange rate for the U.S. dollar to the British pound is $1 equals £1.5248 and £1 equals $0.656774, if you have £20, multiple it by 1.5248 to get the dollar value: $30.496. Use a website that has a currency calculator. The conversion results appear in a matter of seconds.