When RMB is converted into USD, the division is:1000/6.23 =160438+0 USD.

The multiple of converting USD into RMB: 500*6.23=3 1 15 RMB.

Other currencies and so on.

Basically, multiplication is a simple calculation to find the sum of several identical numbers. Division has an average score, including division.

Extended data:

Article 8 of the International Monetary Fund Agreement stipulates the specific requirements for convertibility under the current account, which can be summarized as follows:

First, member countries (or regions) may not impose restrictions on the payment and capital transfer of international current transactions without the consent of the IMF; ?

Second, discriminatory monetary measures and various exchange rate measures are not allowed; ?

Third, any member has the obligation to redeem the domestic currency balance held by other member countries under the current account, that is, to convert it into domestic currency held by foreign countries.

Convertibility under capital account requires lifting all kinds of exchange restrictions on foreign exchange receipts and payments by short-term financial capital, direct investment and securities investment, so that capital can freely enter and leave the country. In practice, some international reserve currencies still impose some necessary restrictions on convertibility under capital account in the process of internationalization. The International Monetary Fund does not strictly define convertibility under capital account.

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