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Fact - How to calculate exchange rates Another thing we run into quite often is confusion on how the calculation of exchange rates works. Typically, when $1 Canadian = $0.75 US, folks think that $1.25 Canadian = $1 US which is simply not the case. Here is how currency exchange calculations work:
To make it easier on yourself, you can convert things quite simply into either exchange rate by taking the price of the item and dividing it by the appropriate exchange rate. For example:
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