Excel

## How do you use DOLLARFR in Excel?

The DOLLARFR function in Excel returns the value of a cell multiplied by the exchange rate between the U.S. dollar and the specified currency. For example, if the exchange rate is 1.50 euros per dollar, and the value in a cell is 5 euros, the DOLLARFR function would return the value 7.50 (5x1.50). This function can be used to calculate foreign exchange rates or to convert foreign currency values to U.S. dollars.

## What is the syntax of DOLLARFR in Excel?

The syntax of DOLLARFR in Excel is as follows: =DOLLARFR(value,currency)

value is the amount for which you want to display the currency symbol currency is the three-letter currency code

## What is an example of how to use DOLLARFR in Excel?

An example of how to use DOLLARFR in Excel is to create a formula that multiplies the value in a cell by the exchange rate to calculate the equivalent value in a foreign currency. For example, if the exchange rate for euros is 1.2 dollars per euro, and the value in a cell is 50 euros, the formula would be =50*1.2, which would return the equivalent value in U.S. dollars of 60.

## When should you not use DOLLARFR in Excel?

DOLLARFR should not be used when you want to calculate the value of a cell that contains a text string. In this case, you should use the Excel function TEXT.

## What are some similar formulae to DOLLARFR in Excel?

In Excel, the DOLLARFR formula takes a value and converts it to a currency value by multiplying it by the exchange rate in the currency format cells. The following are some similar formulae to DOLLARFR in Excel:

- DOLLAR: Converts a number to a currency value by multiplying it by the exchange rate in the currency format cells.

- XCD: Converts a number to the East Caribbean Dollar currency value.

- EUR: Converts a number to the Euro currency value.

- GBP: Converts a number to the Pound Sterling currency value.

- USD: Converts a number to the US Dollar currency value.

### Excel

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