EUROCONVERT

Formulas / EUROCONVERT
Convert European Union currencies.
=EUROCONVERT(number,source,target,full_precision,triangulation_precision)
  • number - required currency value to convert
  • source - required three-letter string or cell reference
  • target - required currency to convert from
  • full_precision - required boolean (TRUE or FALSE) or expression evaluating to boolean value
  • triangulation_precision - an integer representing the significant digits to use for the intermediate Euro value when converting between currencies

Examples

  • =EUROCONVERT(A2,B2,C2)

    The EUROCONVERT function allows for easy currency conversions. In this example, the formula can be used to convert 1.2 Deutsche Marks to Euros with a calculation and display precision of 2 decimal places.

  • =EUROCONVERT(A3,B3,C3,TRUE,3)

    The EUROCONVERT function is also able to convert between several different currencies. In this example, the formula can be used to convert 1 French Franc to Euros with a calculation and display precision of 3 decimal places.

  • =EUROCONVERT(A4,B4,C4,FALSE,3)

    The EUROCONVERT function can be used to convert between currencies in both directions. This example can be used to convert 1 French Franc to its equivalent in Deutsche Marks with a calculation and display precision of 3 decimal places.

  • =EUROCONVERT(A5,B5,C5,TRUE,3)

    The EUROCONVERT function can also be used to display all significant digits in the result. In this example, the formula can be used to convert 1 French Franc to its equivalent in Deutsche Marks with an intermediate calculation precision of 3 and displaying all significant digits.

Summary

The EUROCONVERT function converts a number from one Euro member currency to another using the Euro as an intermediary. It requires five arguments: number, source, target, full_precision, and triangulation_precision.

  • The EUROCONVERT function can be used to convert a number from one euro member currency to another, using the euro as an intermediary.
  • The EUROCONVERT function can also be used to convert a number to euros or convert a number from euros to a euro currency.


Frequently Asked Questions

What is the EUROCONVERT function?
The EUROCONVERT function is a function in Sourcetable that allows users to convert a number to euros or convert euros to a euro member currency. It uses fixed conversion rates set by the EU.
How does the EUROCONVERT function work?
The EUROCONVERT function converts a number from one euro currency to another by using the euro as an intermediary. It uses fixed conversion rates set by the EU to calculate the amount of euros an amount of money in another euro currency is worth.
What is the purpose of the EUROCONVERT function?
The EUROCONVERT function is useful for people who need to convert euros to other euro member currencies. It can also be used to calculate the amount of euros that an amount of money in a euro member currency is worth.
What are the advantages of using the EUROCONVERT function?
  • It is easy to use and understand.
  • It uses fixed conversion rates set by the EU.
  • It can be used to convert euros to other euro member currencies.
  • It can be used to calculate the amount of euros that an amount of money in a euro member currency is worth.
Are there any disadvantages of using the EUROCONVERT function?
The main disadvantage of the EUROCONVERT function is that it only works with fixed conversion rates set by the EU. Therefore, it cannot be used to calculate the amount of euros that an amount of money in a non-euro currency.

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