If you’re working with daily rates, you have to go over each of your cells with currencies and input the appropriate formula with the right exchange rate. This, though more accurate and more appropriate, can make working with currencies so much more difficult. However, it can be difficult if you need to base your financial calculations on daily exchange rates. With your workbooks, this can be easy if you have a fixed exchange rate that you will use across all your worksheets. While there are many sources for getting the latest exchange rates, the trouble is, you still have to go to a separate website or go to a separate app to figure out the exchange rate. This is why Currency Converter can be handy to keep an eye on your exchange rate using Excel spreadsheets.Ĭonvert Data Quickly with Professor Excel Currency Converter In all these, you run the risk of putting in the wrong figures and coming up short or worse, inaccurate, which can cost your business more in the long run. Often, the exchange rate you’re using may be outdated, and it can be hard to figure which exchange rate to use when converting your financial data. The Professor Excel Currency Converter add-in for Excel can help you make exchange rate calculations with ease. And then, if you live in one country and want to convert these currencies under one currency, that’s when the problems begin. Many Excel reports on revenue may reflect data in various currencies.
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