Turn Your Calculator Into A Currency Converters

3 March 2010

Currency Converters work this way: you enter the exchange rate which gets stored in memory.  You then retrieve the exchange rate and multiply your home currency.  That’s it!  Some of them let you store a couple of different rates but we think you’re probably better off with a cheap little calculator that has a memory function, that you can pick up literally anywhere.  You can even use the calculator function on your mobile phone.

For those that aren’t familiar with the calculator memory function, or have forgotten your high school maths, here are some simple instructions on using it for currency conversion.

First off, start by finding the latest exchange rate.  For example today, we looked at xe.com and it says that AU $1.00 buys .90 US cents.  So using your calculator, divide 1 over .9 and =.  You’ll get 1.11.  Punch the M+ button of your calculator.  Now all you do, for example, when you’re shopping in the USA and you’re after something that’s US$80, Punch in $80 x MR (memory recall)  & voila, you have the value converted in AU$!  When you move to the next country, just punch MC (for memory clear) and start again.

We’ve just saved you a good $25 = another meal or two in Europe!
Happy tracks!