Yes, conversion between frequencies and periods are done with the Reciprocal function. And it works on any number (scalars, complex and arrays) which is very handy.
However, if we are talking about signals in the time-domain versus signals in the frequency-domain, the conversion has to be done using transforms called Fourier Transforms . For signals that are sampled, calculation is done using the powerful Fast Fourier Transform (FFT) as Gorka indicated in his answer. FFT is an powerful algoritm that has less operations that the alternative, Discrete Fourier Transform. In LV 6i one can find the FFT and its inverse under the pallette Analyze/Signal processing/Frequency domain. /Mikael