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How to convert currency in Excel and Google Sheets

Topic:Finance basics
Excel & Google Sheets
=A2*B2

Verified example

Computed by a real spreadsheet engine on the sample data below.

Amount (USD)Exchange RateConverted Amount
1000.92
5001.25
10000.75
2501.1

=A2*B292

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Step by step

  1. 1Enter the original amount in column A and the exchange rate in column B (e.g., 1.08 to convert USD to EUR at 1.08).
  2. 2In the Converted Amount column, enter =A2*B2 to compute the converted value.
  3. 3For multiple currencies, create a rate lookup table and use =A2*VLOOKUP(currency_code,rate_table,2,0) to pull the correct rate automatically.

Tips

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Frequently asked

How do I get live exchange rates in Excel?

Use Excel's built-in Currencies data type (Insert > Data > Currencies) or connect to a web data source via Power Query to pull live rates.

How do I convert in the other direction?

Divide by the rate instead of multiplying: =A2/B2 converts from the target currency back to the source.

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Formulas used

Written and reviewed by FormulaCraft Team. Each formula on this page is run through our verification engine before publishing.

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