• Sharebar


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! :)


Comments (7)

  • Matthias's picture

    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

  • cbaffa's picture

    Thanks for the help, inthe213!

  • gammaovertheta's picture

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

  • F. Ro Jo's picture

    more impressed by how the guy who answered the question even understood what was being asked.

  • cbaffa's picture

    To unlock this content for free, please login / register below.

    Connecting helps us build a vibrant community. We'll never share your info without your permission. Sign up with email or if you are already a member, login here Bonus: Also get 6 free financial modeling lessons for free ($200+ value) when you register!

What's Your Opinion? Comment below:

Login or register to get credit (collect bananas).
All anonymous comments are unpublished until reviewed. No links or promotional material will be allowed. Most comments are published within 24 hours.
WallStreet Prep Master Financial Modeling