can excel convert currency

Can Excel convert currency in a specific cell?

Yes, Excel can convert currency in a specific cell using the "=CONVERT()" function. The syntax of the function is:

<code>=CONVERT(number, from_unit, to_unit)</code>

Where:

• number is the value you want to convert.
• from_unit is the original unit of measurement.
• to_unit is the unit of measurement you want to convert to.

For example, to convert $100 USD to Euros, you would use the following formula:

<code>=CONVERT(100, "USD", "EUR")</code>

How to convert multiple currencies in Excel using a formula?

To convert multiple currencies in Excel using a formula, you can use the "=GOOGLEFINANCE()" function. The syntax of the function is:

<code>=GOOGLEFINANCE(currency, "currency:exchange_rate")</code>

Where:

• currency is the currency you want to convert.
• exchange_rate is the exchange rate between the two currencies.

For example, to convert $100 USD to Euros using the exchange rate of 1 EUR = 1.18 USD, you would use the following formula:

<code>=GOOGLEFINANCE("USD", "currency:EUR/USD")*100</code>

Can Excel automate currency conversion for a range of cells?

Yes, Excel can automate currency conversion for a range of cells using the "Data Validation" feature. To do this, follow these steps:

1. Select the range of cells you want to convert.
2. Go to the "Data" tab and click on "Data Validation".
3. In the "Data Validation" dialog box, select the "Custom" validation rule.
4. In the "Formula" field, enter the following formula:

<code>=ISNUMBER(CONVERT(A1, "USD", "EUR"))</code>

Where A1 is the first cell in the range of cells you want to convert.

5. Click on the "OK" button.

Now, when you enter a currency value into any cell in the selected range, Excel will automatically convert it to the specified currency.

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