Currency conversion

How to understand currency conversion table? The following is a typical conversion table, where there are

  • code
  • currency
  • unit
  • selling
  • buying

Table typical currency conversion table (taken from Raffles Money Changer)

For example, if I want to convert sgd 800 to jpy, how to read the table?

Steps to buy jpy

  1. Money changer sell expensive and buy cheap from customer.
  2. Money changer is selling jpy here.
  3. From the table, jpy is selling at 1000 unit (jpy) at the cost of sgd 12.30.
  4. How much jpy will I get if I pay sgd 800?
  5. The math is jpy 1000/12.3*800 = 65040.


how about selling jpy?

  1. The money changer is buying jpy from you.
  2. From the table, 1000 unit of jpy is worth sgd 12.10.
  3. If you sell 100000 jpy, how much will you get?
  4. Math is 100000/1000*12.10 = sgd 1210

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