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Currency conversion involves exchanging one currency for another, such as converting pounds to dollars or dollars to pounds. The exchange rate, which fluctuates daily based on market conditions, determines how much of one currency can be obtained for another. Commonly, one may encounter terms like USD to GBP (US Dollars to British Pounds) or GBP to USD (British Pounds to US Dollars) when performing such conversions. Accurate conversion requires up-to-date exchange rate information.

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