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In this video tutorial, the focus is on converting currency using exchange rates. The example features John, who has 15,000 US dollars to convert into Euros, with a given exchange rate of 1 US dollar equaling 0.9 Euros. The process begins by placing the amount in US dollars in the numerator of a fraction. To cancel out the US dollar unit, the exchange rate is employed in the next fraction. One component of the exchange rate, either the US dollar or the Euro, will be in the numerator or denominator, respectively. The objective is to arrange the fractions such that the US dollar unit cancels out, leaving the final result in Euros.