wikiHow Exchange Rate Calculator Exchange rates represent the value of one currency in relation to another currency. The rates fluctuate based on various factors such as economic indicators, geopolitical events, interest rates, and market supply and demand. While exchange rates are typically determined by financial institutions or the foreign exchange market, you can calculate the approximate exchange rate between two currencies using the following formula: Exchange Rate = (Amount in Currency A / Amount in Currency B) Here's a step-by-step example: Determine the amount you want to convert and the currencies involved. Let's say you have 100 US dollars (USD) and you want to calculate the exchange rate to Euros (EUR). Find the current exchange rate. You can use financial websites, currency exchange services, or banking platforms to find the current exchange rate between USD and EUR. Let's assume the exchange rate is 1 USD = 0.85 EUR. Apply the formula. Exchange Rate = (Amount in Currency A / Amount in Currency B) Exchange Rate = (100 USD / 0.85 EUR) Calculate the exchange rate. Exchange Rate = 117.65 EUR Therefore, based on the given exchange rate, 100 US dollars is approximately equal to 117.65 Euros. Keep in mind that this calculation provides an approximate exchange rate and may not include any fees or commissions that could be applied during an actual currency conversion. It's always advisable to check with a financial institution or reliable currency exchange service for accurate and up-to-date exchange rates. Page