How do muggle families get wizard money in Harry Potter?

Question:

How do muggle families get wizard money in Harry Potter?

How do muggle parents get wizard money for their children attending Hogwarts? Is there some kind of way to exchange muggle money for wizard money? I am only on book 3 right now and I have been curious.

Best Answer - Chosen by Asker: Near the beginning of Book 2 (Chamber of Secrets), Hermione is seen with her parents exchanging muggle money for gold at Gringotts.

The exchange rate varies, but 1 galleon equals about 10 US dollars, and about 5 British pounds.

:) Hope that answered your question