The Peso Calculator allows users to convert a specified amount in USD into various types of Pesos using current exchange rates, displaying both the converted amount and the exchange rates used.
Peso Calculator
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How to Use the Peso Calculator
This guide will walk you through using the Peso Calculator, a tool designed to convert amounts from USD to various types of Peso. Follow the steps below to perform a conversion.
Step 1: Enter Amount in USD
- Locate the input field labeled Amount in USD.
- Enter the amount of money in USD you wish to convert. Ensure that the number is greater than or equal to 0.01.
- The input should be in increments specified by 0.01 (e.g., 0.01, 0.02, etc.).
Step 2: Select Peso Type
- Find the dropdown menu labeled Select Peso Type.
- Click on the dropdown menu to see a list of options.
- Select the type of Peso to which you want to convert the USD amount. Options include:
- Mexican Peso (MXN) – Exchange rate: 19.50
- Philippine Peso (PHP) – Exchange rate: 56.50
- Chilean Peso (CLP) – Exchange rate: 850.25
- Cuban Peso (CUP) – Exchange rate: 4.17
- Colombian Peso (COP) – Exchange rate: 350.75
- Dominican Peso (DOP) – Exchange rate: 44.50
- Uruguayan Peso (UYU) – Exchange rate: 47.25
- Select one option to continue the conversion process.
Step 3: View the Results
- Once you have entered the amount in USD and selected a Peso type, the calculator will automatically perform the conversion.
- The result will be displayed in the following fields:
- Converted Amount: This field shows the amount after conversion, formatted to two decimal places.
- Exchange Rate Used: Displays the exchange rate that was used for the conversion in the format “1 USD = X”, where X is the selected exchange rate value.
- Inverse Exchange Rate: Indicates the inverse exchange rate in the format “1 Peso = X”, calculated to four decimal places.
By following these steps, you can accurately convert USD amounts into the Peso type of your choice using the simple and efficient Peso Calculator.