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In this tutorial video, we will learn how to add a currency tax field with an upper limit of 1 billion. The challenge is to ensure that when entering an amount, it must be less than 1 billion. Set the text field to empty when the amount is 0. Additionally, if you want to fetch today's exchange rates from the internet for various currencies, check out a separate blog post in the description. The tutorial will guide you to create a new Xcode project, set up a text field, and create an outlet called currency text field.