How Do I Work Out The Exchange Rate ?

LAerith-Waifu on 09/08/2015 - 02:28
Last edited 09/08/2015 - 10:19 by 1 other user

Hi People,

Very silly question, I recently bought something online for $848 USD, and my credit card charged me $1151.39 AUD. How do I work out what exchange rate I got? At the time of the purchase I think 1 AUD = 0.73 USD.

And there is no foreign currency fees charge on the transaction.

Thanks Many

Financial

Comments

  • extremedeal on 09/08/2015 - 02:37
    +2

    848/1151 = 0.7368 (approximately)
    So your conversion rate was 1 AUD = 0.7368 USD :)

    • Aerith-Waifu on 09/08/2015 - 03:01
      -7

      Thank you very much. I always thought its 1151 divided by 848…………lol

  • UncommonName on 09/08/2015 - 05:41
    +6

    Is this even a question?!!

  • mick123 on 09/08/2015 - 10:32
    +1

    wow… the education system in this country is going great guns..

    • [Deactivated] on 09/08/2015 - 11:03
      +2

      That's making an assumption house2015 was educated in this country. house2015 is probably absolutely brilliant in so many areas of life, and just happened to have one little tiny brainfart over this question. That's nothing to be ashamed of.

      You should never belittle someone for wanting to learn.

      • spychiatrist on 09/08/2015 - 12:05
        +3

        Agree. You just don't know whether to multiply or divide the magic number. I've been asked this question many times (some by degree holders) so the bright minds here should take a chill pill

      • pointless martyr on 09/08/2015 - 16:23
        -1

        house2015 is probably absolutely brilliant in so many areas of life

        Now THAT is an assumption

        • chill on 09/08/2015 - 16:34

          They could Vote?

      • Aerith-Waifu on 09/08/2015 - 19:54
        +1

        Actually I did my high school at Lynwood high school. I am good at maths but this is the only thing which confuses me. It's like you are good with typing but there is one key that always slows you down.

  • strikerzebra on 14/08/2015 - 09:48
    +1

    I studied finance and even get confused sometimes ;)

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