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In this video tutorial, we will learn how to add a currency tax field with an upper limit of 1 billion. When the amount entered is 0, the text field will be set to empty. To fetch today's exchange rate for various currencies, check out a separate blog post linked in the description. The process involves creating a new Xcode project, setting the storyboard for iPhone SE, adding a text field, and creating an outlet named "currency text field".
