Conversion rate

calebh124 · Post by **calebh124** » Sat Jan 21, 2006 7:09 pm

what is the conversion rate from UK pounds to USD?

gsmalcolmson · Post by **gsmalcolmson** » Sat Jan 21, 2006 7:19 pm

Try this link for currency conversion:

http://ca.search.yahoo.com/search?p=onl ... ABAA%40%40

Sgt_Centurious · Post by **Sgt_Centurious** » Sat Jan 21, 2006 7:35 pm

http://www.xe.com/ucc/

gsmalcolmson · Post by **gsmalcolmson** » Sat Jan 21, 2006 7:37 pm

Enigma Nostra · Post by **Enigma Nostra** » Mon Jan 23, 2006 6:40 am

XE is the one I tend to use as well. Good for an approximate.

-E

Klahtoo · Post by **Klahtoo** » Mon Jan 23, 2006 2:14 pm

Many banks have an online resource that tells you the current bank rate for money exchange. It tells you how much they sell the money for, and how much they buy the money for. This is probably your best rate.

Other resources do not properly inform you that your bank will not pay the same amount as they list for your foreign currency.

Example:
XE says 2 USD to 1 GBP. You accept 20 USD for your 10 GBP item. Your bank buys USD at 2.1 US to 1 GBP. This means it costs more USD to get a GBP. Using these example numbers, on a 10 GBP transaction you lose 0.50 GBP based on bank exchange rates alone. Plus some UK banks charge you a money exchange fee.

If you have a PayPal account, there is a tool there for calculating the current exchange rate. Somewhere in the manage monies. You can accept foreign currencies and then exchange them to your native money.

Good luck on your sales.

Bartertown.com

Conversion rate

Conversion rate

Currency Conversion

Currency Converter

Huh?