What is the equivalence of 950 US dollars in British pound sterling if 1 US dollar = 0.62 British pound sterling?
Currency conversions can always be done as a direct proportion.
Compare the corresponding quantities in the form of equivalent fractions.
Note that this is about what we could expect.
1 pound is just more than half of 1 dollar.
589 pounds is a bit more than half of 950 dollars.
Always check your answer with a quick estimation in case we multiplied instead of dividing by mistake.