It is one of the simple and easy methods through which currencies are converted mathematically, and it is a very simple process.
First, you must know the price of the currency you want to convert.
Example of currency conversion
If you want to convert $1,000 into a dirham, the $1,000 is multiplied by the value of the dirham against the dollar.
معادلة تحويل العملات
When the price of the dollar against the Saudi riyal is 3.705, and we want to convert 1,000 dollars to a Saudi riyal, this is done by multiplying the amount to be converted by the dollar conversion rate as follows: 3.705 * 1000 = 3.705 Saudi riyals.
When we want to convert from a Saudi riyal to a US dollar, and the price of the US dollar against the Saudi riyal is 3.705, and we want to convert the amount of 1000 Saudi riyals to a dollar, we divide 3.705/1000 = 269.60 US dollars.