I can only understand a little less than 50% of English conversations.
I only get about half of any English conversation that I have.
ーI can only understand a little less than 50% of English conversations.
「私は英語の会話の50%足らずしか理解できません」
to understand で「理解する」
a little less than 50% で「50%足らず」
English conversations で「英会話」
ーI only get about half of any English conversation that I have.
「私は英会話のおよそ半分くらいしか理解できない」
to get で「理解する・わかる」
about half of ... で「…の約半分」
ご参考まで!