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In this tutorial, the instructor demonstrates how to perform currency conversion in Excel. First, viewers are advised to access a currency converter link and select a country for conversion, with the link provided in the discussion forum. To set a budget for their trip, the instructor uses an example budget of $1,500 while choosing Canada as the destination. The next step involves visiting the currency converter website to obtain the necessary information about Canada's currency, which can then be incorporated into the Excel document for budgeting purposes. Viewers are reminded that the upcoming major assignment will specify the countries they can select.