Exchange rate to USD

This course is very important for correct operation:

• accrual of affiliate rewards

• calculation of the exchanger's profit in USD

• profit statistics

• exchange value calculation for turnover calculations

Setup instructions

You can adjust the currency rate to the dollar in two ways automatically and manually

Automatically:

When adding automatically make sure that the parser of your choice is activated.

Manually:

You need to set how much USD you can get for 1 unit of your currency (direct exchange rate of your currency to USD)

Formula for converting an indirect exchange rate to a direct rate:

E** = 1 / E?** Example of an indirect rate: For instance, if the exchange rate from RUB to USD is 76 RUB per 1 USD, we need to get the direct rate, i.e., how much USD we receive for 1 RUB. Using the formula above, 1 / 76, we get 0.01315789. In this case, we should set this rate for the RUB currency.

Example of a direct rate: Let’s look at another example with the EUR to USD rate. Here, we know the direct rate: 1 EUR = 1.14 USD. So, no calculation is needed as we already know the value of 1 EUR. In this case, we set the rate at 1.14 for the EUR currency.