Posted by forex at 4:52 AM
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1. Find the current exchange rate of English pounds to U.S. dollars. You can find this online at a website such as X-Rates (see Resource) or the OANDA Forex Trading and Exchange Rate Services site.
2. Multiply the amount of British pounds you have by the exchange rate. As of July 2010, the exchange rate was about $1.548. This means that if you have two British pounds, you can exchange it and receive about $3.10 in U.S. currency.
3. Convert the amount of pounds you have into dollars by inputting the amount of pounds into a currency converter. OANDA has a currency calculator available on its website. This is a good option if you do not feel like multiplying anything yourself. Simply type in what you have and the calculator will tell you what you can get.