BNZ Exchange Rate Calculator
.exchange-rate-calculator {
font-family: sans-serif;
border: 1px solid #ccc;
padding: 20px;
border-radius: 8px;
max-width: 500px;
margin: 20px auto;
background-color: #f9f9f9;
}
.exchange-rate-calculator h2 {
text-align: center;
color: #333;
margin-bottom: 20px;
}
.calculator-inputs .form-group {
margin-bottom: 15px;
display: flex;
flex-direction: column;
}
.calculator-inputs label {
margin-bottom: 5px;
font-weight: bold;
color: #555;
}
.calculator-inputs input[type="number"],
.calculator-inputs select {
padding: 10px;
border: 1px solid #ddd;
border-radius: 4px;
font-size: 1em;
}
.calculator-inputs button {
background-color: #007bff;
color: white;
padding: 12px 20px;
border: none;
border-radius: 4px;
cursor: pointer;
font-size: 1.1em;
transition: background-color 0.3s ease;
width: 100%;
margin-top: 10px;
}
.calculator-inputs button:hover {
background-color: #0056b3;
}
.calculator-result {
margin-top: 20px;
padding: 15px;
background-color: #e9ecef;
border: 1px solid #ced4da;
border-radius: 4px;
text-align: center;
font-size: 1.2em;
color: #495057;
min-height: 50px; /* To prevent layout shifts */
}
function calculateExchangeRate() {
var amountToConvert = parseFloat(document.getElementById("amountToConvert").value);
var fromCurrency = document.getElementById("fromCurrency").value;
var toCurrency = document.getElementById("toCurrency").value;
var resultElement = document.getElementById("result");
if (isNaN(amountToConvert) || amountToConvert <= 0) {
resultElement.innerHTML = "Please enter a valid amount greater than zero.";
return;
}
// Placeholder exchange rates – In a real application, these would be fetched from an API
var exchangeRates = {
"NZD": {
"AUD": 0.90,
"USD": 0.62,
"EUR": 0.57,
"GBP": 0.49,
"JPY": 93.50
},
"AUD": {
"NZD": 1.11,
"USD": 0.69,
"EUR": 0.63,
"GBP": 0.54,
"JPY": 103.90
},
"USD": {
"NZD": 1.62,
"AUD": 1.45,
"EUR": 0.92,
"GBP": 0.79,
"JPY": 151.00
},
"EUR": {
"NZD": 1.76,
"AUD": 1.61,
"USD": 1.09,
"GBP": 0.86,
"JPY": 164.20
},
"GBP": {
"NZD": 2.05,
"AUD": 1.87,
"USD": 1.27,
"EUR": 1.16,
"JPY": 191.00
},
"JPY": {
"NZD": 0.011,
"AUD": 0.0096,
"USD": 0.0066,
"EUR": 0.0062,
"GBP": 0.0052
}
};
var rate = 0;
if (fromCurrency === toCurrency) {
rate = 1;
} else if (exchangeRates[fromCurrency] && exchangeRates[fromCurrency][toCurrency]) {
rate = exchangeRates[fromCurrency][toCurrency];
} else {
resultElement.innerHTML = "Exchange rate not available for this pair.";
return;
}
var convertedAmount = amountToConvert * rate;
resultElement.innerHTML = amountToConvert + " " + fromCurrency + " is equal to " + convertedAmount.toFixed(2) + " " + toCurrency;
}
Understanding Exchange Rates and Using the BNZ Calculator
An exchange rate is the value of one country's currency for the purpose of trading it for another.
When you travel abroad, send money internationally, or conduct business with overseas companies, you'll
encounter exchange rates. These rates fluctuate constantly based on economic factors, political events,
and market demand.
For example, if the exchange rate between the New Zealand Dollar (NZD) and the United States Dollar (USD)
is 1 NZD = 0.62 USD, it means that one New Zealand Dollar can be traded for 0.62 United States Dollars.
Conversely, if you wanted to convert USD to NZD, you would use the inverse rate (approximately 1 USD = 1.62 NZD).
How the BNZ Exchange Rate Calculator Works
The BNZ Exchange Rate Calculator is a simple tool designed to help you quickly convert an amount from one
currency to another. You need to provide three key pieces of information:
- Amount to Convert: The total sum of money in the original currency you wish to convert.
- From Currency: The currency you are starting with.
- To Currency: The currency you want to convert your money into.
Once you input these details and click "Calculate," the tool will use a set of current (or representative)
exchange rates to show you the equivalent amount in your desired target currency.
Example Calculation
Let's say you want to convert 1,000 New Zealand Dollars (NZD) to Australian Dollars (AUD). You would input:
- Amount to Convert: 1000
- From Currency: New Zealand Dollar (NZD)
- To Currency: Australian Dollar (AUD)
Assuming an exchange rate of 1 NZD = 0.90 AUD, the calculator would show:
1000 NZD is equal to 900.00 AUD
It's important to remember that the rates used in a simple calculator like this are often indicative.
Actual rates offered by banks or currency exchange services may include fees or margins, leading to a slightly
different final amount. For real-time, precise rates and transaction services, always consult directly with
your financial institution like BNZ.