Bloomberg Exchange Rate Calculator

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Bloomberg Exchange Rate Calculator

This calculator helps you convert amounts between different currencies using real-time exchange rates, similar to what you might find on financial news platforms like Bloomberg. Understanding exchange rates is crucial for international trade, travel, and global investments.

USD – United States Dollar EUR – Euro GBP – British Pound JPY – Japanese Yen CAD – Canadian Dollar AUD – Australian Dollar CHF – Swiss Franc CNY – Chinese Yuan SEK – Swedish Krona MXN – Mexican Peso USD – United States Dollar EUR – Euro GBP – British Pound JPY – Japanese Yen CAD – Canadian Dollar AUD – Australian Dollar CHF – Swiss Franc CNY – Chinese Yuan SEK – Swedish Krona MXN – Mexican Peso

How Exchange Rates Work

Exchange rates are the value of one currency for the purpose of trading it for another. They fluctuate constantly based on supply and demand in the foreign exchange market (Forex). Factors influencing these rates include economic performance, political stability, interest rates, inflation, and speculation.

For example, if the USD to EUR exchange rate is 0.92, it means that 1 US Dollar can be exchanged for 0.92 Euros. Conversely, if the EUR to USD rate is 1.09, then 1 Euro can be exchanged for 1.09 US Dollars. This calculator uses a simplified model and a fixed set of hypothetical exchange rates for demonstration purposes. For real-time data, consult financial services like Bloomberg, Reuters, or reputable currency converters.

// In a real-world scenario, these rates would be fetched from an API. // For this example, we'll use a hardcoded set of hypothetical rates. var exchangeRates = { "USD": { "EUR": 0.92, "GBP": 0.79, "JPY": 150.00, "CAD": 1.35, "AUD": 1.50, "CHF": 0.88, "CNY": 7.20, "SEK": 10.50, "MXN": 17.00 }, "EUR": { "USD": 1.09, "GBP": 0.86, "JPY": 163.00, "CAD": 1.47, "AUD": 1.63, "CHF": 0.96, "CNY": 7.83, "SEK": 11.40, "MXN": 18.50 }, "GBP": { "USD": 1.27, "EUR": 1.16, "JPY": 190.00, "CAD": 1.71, "AUD": 1.90, "CHF": 1.12, "CNY": 9.11, "SEK": 13.30, "MXN": 21.50 }, "JPY": { "USD": 0.0067, "EUR": 0.0061, "GBP": 0.0053, "CAD": 0.0090, "AUD": 0.0100, "CHF": 0.0059, "CNY": 0.0480, "SEK": 0.0700, "MXN": 0.1130 }, "CAD": { "USD": 0.74, "EUR": 0.68, "GBP": 0.58, "JPY": 111.00, "AUD": 1.11, "CHF": 0.65, "CNY": 5.33, "SEK": 7.78, "MXN": 12.60 }, "AUD": { "USD": 0.67, "EUR": 0.61, "GBP": 0.53, "JPY": 100.00, "CAD": 0.90, "CHF": 0.59, "CNY": 4.80, "SEK": 6.98, "MXN": 11.30 }, "CHF": { "USD": 1.14, "EUR": 1.04, "GBP": 0.89, "JPY": 170.00, "CAD": 1.53, "AUD": 1.69, "CNY": 8.18, "SEK": 11.90, "MXN": 19.30 }, "CNY": { "USD": 0.14, "EUR": 0.13, "GBP": 0.11, "JPY": 20.78, "CAD": 0.19, "AUD": 0.21, "CHF": 0.12, "SEK": 1.45, "MXN": 2.36 }, "SEK": { "USD": 0.095, "EUR": 0.088, "GBP": 0.075, "JPY": 15.24, "CAD": 0.13, "AUD": 0.14, "CHF": 0.084, "CNY": 0.69, "MXN": 1.62 }, "MXN": { "USD": 0.059, "EUR": 0.054, "GBP": 0.047, "JPY": 11.30, "CAD": 0.079, "AUD": 0.088, "CHF": 0.052, "CNY": 0.42, "SEK": 0.62 } }; function calculateExchangeRate() { var amountInput = document.getElementById("amount"); var baseCurrencySelect = document.getElementById("baseCurrency"); var targetCurrencySelect = document.getElementById("targetCurrency"); var resultDiv = document.getElementById("result"); var amount = parseFloat(amountInput.value); var baseCurrency = baseCurrencySelect.value; var targetCurrency = targetCurrencySelect.value; if (isNaN(amount) || amount <= 0) { resultDiv.innerHTML = "Please enter a valid positive amount."; return; } if (baseCurrency === targetCurrency) { resultDiv.innerHTML = "" + amount.toFixed(2) + " " + targetCurrency + " (No conversion needed)"; return; } var rate = 0; if (exchangeRates[baseCurrency] && exchangeRates[baseCurrency][targetCurrency] !== undefined) { rate = exchangeRates[baseCurrency][targetCurrency]; } else if (exchangeRates[targetCurrency] && exchangeRates[targetCurrency][baseCurrency] !== undefined) { // If direct rate not found, try inverse (though our example has direct rates for simplicity) rate = 1 / exchangeRates[targetCurrency][baseCurrency]; } if (rate === 0) { resultDiv.innerHTML = "Exchange rate not available for this pair."; return; } var convertedAmount = amount * rate; resultDiv.innerHTML = "" + convertedAmount.toFixed(2) + " " + targetCurrency + ""; }

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