Currency Conversion Calculator

Convert currencies using your bank or FX provider's exchange rate. This manual currency converter lets you account for fees and spreads to see your exact net proceeds.

Convert Currency with Your Exchange Rate

Use this calculator to convert between any two currencies using your bank or FX provider's exchange rate. Input your own rates to see exactly what you'll receive after fees and spreads.

Note: Enter the exchange rate from your bank or FX provider. This calculator does not provide live rates.

Currency Conversion Formula

Converted Amount = Base Amount × Exchange Rate

Multiply your base currency amount by the exchange rate to get the equivalent in the target currency.

Fee Deduction Formula

Amount After Fees = Converted Amount × (1 - Fee Percentage / 100)

Deduct the FX fee or spread from the converted amount to see your net proceeds.

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Frequently Asked Questions

How to Use the Currency Conversion Calculator

This calculator is designed for manual currency conversion with your own exchange rates:

  • Enter Amount: Input the amount in your base currency that you want to convert.
  • Specify Currencies: Enter the 3-letter currency codes (USD, EUR, GBP, etc.).
  • Input Exchange Rate: Enter the exchange rate from your bank or FX provider.
  • Add Fees: Enter any fees or spreads as a percentage to see your net amount received.

Invoice & Quote Scenarios

This calculator is perfect for:

  • Converting invoice amounts for international clients
  • Calculating net proceeds for cross-border payments
  • Preparing quotes in multiple currencies
  • Understanding FX fees and spreads on your transactions
  • Planning cash flow for international transactions

Understanding Exchange Rates

Exchange rates constantly fluctuate based on market conditions. When you receive a quote from your bank or FX provider, that rate is specific to that moment and transaction size.

  • Mid-market rate: The true exchange rate without markups, typically found on financial sites.
  • Bank rate: The rate your bank offers, usually with a small markup.
  • Spread: The difference between the buy and sell rate.
  • Fees: Additional charges for the currency conversion service.

Key Metrics Explained

  • Converted Amount: The base amount multiplied by the exchange rate.
  • After Fees: The converted amount minus any fees or spreads.
  • Exchange Rate: The effective rate you're receiving (including fees).
  • Inverse Rate: The reverse exchange rate (useful for reference).

Tips for International Transactions

  • Compare rates from multiple FX providers to find the best deal for your transaction
  • For large transactions, ask your bank about better rates or dedicated FX services
  • Consider forward contracts to lock in rates for future transactions
  • Factor in FX costs when pricing international contracts
  • Use this calculator to validate that you're getting fair rates