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Hi,

Can you help me figure out how to convert an exchange rate when the price rate is in the denominator? For example, gbp/usd 1.5

How can I convert this so the base price (gbp) is in the denominator?

Can you simply say 1.5 usd/gbp, or is there a calculation involved?

Thanks for answering my inane question! :)

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Comments (7)

  • Matthias's picture

    cbaffa:
    Can you simply say 1.5 usd/gbp, or is there a calculation involved?

    That's not how fractions work.

  • inthe213's picture

    1.5 GBP/USD -> 1 GBP = 1.5 USD

    1/1.5 = 0.6667

    0.6667 USD/GBP -> 1 USD = 0.6667 GBP

  • gammaovertheta's picture

    ..... how late are they teaching algebra in middle school these days?

  • F. Ro Jo's picture

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