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currency conversion

To: "T. S. White" <tswrace@pacbell.net>
Subject: currency conversion
From: Dave Massey <105671.471@compuserve.com>
Date: Tue, 6 May 2003 14:09:42 -0400
Cc: "[unknown]" <triumphs@autox.team.net> 42dbca82.dsl.aros.net id h46IBWbH001973
Message text written by "T. S. White"
>> Message text written by Michael Hargreave Mawson
> >I never could get my head around US gallons, so here are the latest
> prices for "regular" unleaded in GBP and USD for litres and Imperial
> Gallons here in sunny Bedfordshire:
> 
>                         GBP             USD
>         Litre           0.789           1.24
>         Imp. Gall.      3.59            5.64
> 

The currency conversion above has overstated the US price.  The actualy
conversion would result in a price of $2.55 US for an imperial gallon. 
The conversion factor is .71 X Canadian Dollar amount.
<

Er, last I checked the UK pound was going for $1.60(US).  And the last I
checked there were 3.785 Litres per US Gal.  Cranking .789 Pounds per Litre
through the calculations I get:
(.789pounds/litre)x(3.785litres/Gal(US))x(1.6 Dollars(US)/Pound) =
$4.78(US)

Dividing $4.78(US) by (.71 $(US)/$Cdn) = $6.73(Cdn)

At least that's ther results I get.

Dave

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