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:
- Select the range of cells you want to convert.
- Go to the "Data" tab and click on "Data Validation".
- In the "Data Validation" dialog box, select the "Custom" validation rule.
- 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.
- 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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