Currency conversion calculator
Trading is risky
Calculate the value of any given currency against your currency of choice to help you assess trading opportunities for your forex trading strategy.
Why use a Currency conversion calculator?
The nature of currencies is to relentlessly fluctuate in value, which makes it almost impossible to accurately gauge the accurate value of a currency against the value of another. Currency conversion calculators are an efficient and accurate way to understand value, and help you identify opportunities for profit or loss.
Select the currency you want to sell
Select the currency you want to buy or convert to
Then click calculate
Market Trading Hours Monday To Friday
New York
UTC-5
London
UTC+0
Tokyo
UTC+9
Hong Kong
UTC+8
Sydney
UTC+10
Currency conversion calculator
Currencies are traded in pairs, where one currency is sold or converted to simultaneously buy another currency.
The currency conversion tool calculates the value of one currency against another currency. It is also used in our margin calculator, profit calculator and pip value calculator, whenever the current rate of exchange between currencies is required.
This is how to use the currency conversion tool
Select the currency you want to sell
Select the currency you want to buy or convert to
Then click calculate
Here is an example how currency conversion works
Select the first currency, EUR
Select the second currency, USD
- The first currency is the base currency and the second currency is the quote or counter currency.
- The base currency is always equal to one unit and exchange rates are expressed as a ratio between two currencies.
- So if the current rate of exchange between the EURUSD is 1.2000. This means that one EUR buys $1.2000.
- Exchanging EUR 1,000 would be the equivalent of 1,000 x 1.2000, which would be equal to $1,200.
- Exchange rates change very frequently. The currency conversion tool will calculate the value between the two currencies based on the current rate of exchange.
Articles we think you’d like
Based on your visit to this page, here are some articles we’ve selected for further reading
Trading Central
March 27, 2024EUR/CHF may rise to 0.9840 - 0.9915
ST: further advance. Pivot 0.9460 Our preference Long positions above 0.9460 with targets at 0.9840 & 0.9915 in extension. Alternative scenario Below 0.9460 look for further downside wi...
Janne Muta
March 26, 20243 Markets to Watch This Week
USDJPY The USDJPY is trading sideways between the weekly chart resistance (151.91) and Friday's low (151.00). In the process, the market has created two inside candles in the daily chart sug...
Trading Central
March 26, 2024Crude Oil (WTI) may rise to 82.60 - 83.00
(K4) Intraday: further advance. Pivot 81.70 Our preference Long positions above 81.70 with targets at 82.60 & 83.00 in extension. Alternative scenario Below 81.70 look for further downs...
Trade responsibly: CFDs are complex instruments and come with a high risk of losing all your invested capital due to leverage.