FORMULA: calculating an exchange rate
In your example, rate = 543.44 / 750 which equals 0.72459 on my
calculator. As an Excel formula in C2:
=B2/A2
To subtract 8 hours from a time in A10:
=A10 - 8/24
as times are stored as fractions of a 24-hour day.
Hope this helps.
Pete
On Jan 26, 1:18*pm, Shevvie wrote:
I need to be sure I am calculating an exchange rate correctly - using today's
exchange rate for Dollar and Pound, what would be the cell formula to
calculate, below:
USD * * GBP * * Exchange Rate
750 * * 543.44 *0.72406
Also, would you know of a website that can help with other formulas such as
timezone differences ie. enter UK/Burbank CA = GMT timezone /-8hrs ?
Thank you - appreciate any help you can offer.
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