Note that you want to set the currency you have to 1; the value listed next to the currency you’re exchanging to is the exchange rate.

For instance, say you want to convert Euros to US dollars. At the time of this revision, 1 Euro is worth 1. 09 US dollar. Your exchange rate is 1. 09. If you’re planning on taking $1500 Euros with you, you would multiply 1500 by 1. 09. The answer, 1632. 61, is how much money you’ll have in dollars after the exchange. Here’s an example of the “work backwards” method. Say that you know you’ll need 20,000 Hungarian forints for your trip. You discover that 1 US dollar is equivalent to 226. 43 forints. To figure out how many US dollars you would need to save at the current exchange rate, divide 20,000 by 226. 43. The answer, 88. 33, is how many US dollars you need to exchange.

For instance, say you want to convert Euros to US dollars. At the time of this revision, 1 Euro is worth 1. 09 US dollar. Your exchange rate is 1. 09. If you’re planning on taking $1500 Euros with you, you would multiply 1500 by 1. 09. The answer, 1632. 61, is how much money you’ll have in dollars after the exchange. Here’s an example of the “work backwards” method. Say that you know you’ll need 20,000 Hungarian forints for your trip. You discover that 1 US dollar is equivalent to 226. 43 forints. To figure out how many US dollars you would need to save at the current exchange rate, divide 20,000 by 226. 43. The answer, 88. 33, is how many US dollars you need to exchange.

For instance, say you want to convert Euros to US dollars. At the time of this revision, 1 Euro is worth 1. 09 US dollar. Your exchange rate is 1. 09. If you’re planning on taking $1500 Euros with you, you would multiply 1500 by 1. 09. The answer, 1632. 61, is how much money you’ll have in dollars after the exchange. Here’s an example of the “work backwards” method. Say that you know you’ll need 20,000 Hungarian forints for your trip. You discover that 1 US dollar is equivalent to 226. 43 forints. To figure out how many US dollars you would need to save at the current exchange rate, divide 20,000 by 226. 43. The answer, 88. 33, is how many US dollars you need to exchange.

For example, if you want to know what the exchange rate for $1,000 US to Euros is, type 1000 dollars to euros in any Google search bar and it will tell you the answer. However, because Google’s finance converter does not constantly track and update current currency exchange rates, this information is more of an estimate and should not be relied on as accurate up-to-the-minute data.

If your bank’s branch does not keep he currency on hand, they can often order it for you. This usually takes about 2-5 business days. [7] X Research source Note: Many smaller banks and credit unions are unable to exchange foreign currency. [8] X Research source

These services often charge much higher fees than exchanging currency at a bank because they are in prime locations (like airports) where people need local currency quickly.