If you work with different currencies in Excel, you might want to convert them to a common currency for easier comparison or analysis. In this Excel tutorial, you will learn how to convert currency in Excel.
Filling out currency data
To create a currency converter in Excel, you need to have some data like this:
Layout the data you want to convert.
Mark the data you want to convert, add one empty column, and then press CTRL + T.
Inserting currency conversion formula
Click inside the table, and type =(click on the cell with a currency you want to convert)*VLOOKUP([@currencies],$A$2:$B$3,2,False), and press enter.
Note: It is crucial that you use the $ sign to lock the cell references (e.g., $A$2:$B$3) in your VLOOKUP formula. This ensures that the cell references do not change when the formula is copied or filled to other cells.
Write Euro between total and 53293.
Change column2 to Euro.
Choose all the cells in Euro column, right-click on it, and choose Format Cells.
Choose Currency, choose Euro, and press ok.
Note: Repeat this step on the USD column, but choose the dollar sign this time.
We have created a currency converter that look like this:
You have successfully created a currency converter in Excel using a simple formula and a table of exchange rates. Here you can download free Currency Converter.
