Currency Exchange Rate Calculation

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Currency Exchange Rate Calculator

Understanding and accurately converting currencies is essential for international travel, global business, and managing personal finances across borders. This calculator simplifies the process by allowing you to convert one currency to another based on current exchange rates.

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

Converted Amount:

How Currency Exchange Rates Work

Currency exchange rates are the prices at which one currency can be traded for another. These rates fluctuate constantly due to a multitude of factors, including economic performance, political stability, interest rates, and market speculation. A higher exchange rate for a currency means it is stronger relative to another, while a lower rate indicates a weaker currency.

For example, if the exchange rate between USD and EUR is 1 USD = 0.92 EUR, it means that for every U.S. dollar you have, you can exchange it for 0.92 Euros. Conversely, if you want to convert Euros to U.S. dollars, you would need to know the inverse rate, which would be approximately 1 EUR = 1.08 USD.

When you use a currency exchange calculator, it typically uses real-time or near real-time data from financial markets to provide an accurate conversion. This ensures that you get the most up-to-date value for your transaction. Our calculator aims to provide a clear and straightforward conversion based on commonly accepted rates.

// Placeholder for actual exchange rates. In a real application, you would fetch these from an API. var exchangeRates = { "USD": { "EUR": 0.92, "GBP": 0.79, "JPY": 157.75, "CAD": 1.37, "AUD": 1.51, "CHF": 0.89, "CNY": 7.24, "SEK": 10.72, "MXN": 18.26 }, "EUR": { "USD": 1.08, "GBP": 0.86, "JPY": 171.47, "CAD": 1.49, "AUD": 1.64, "CHF": 0.97, "CNY": 7.87, "SEK": 11.65, "MXN": 19.85 }, "GBP": { "USD": 1.26, "EUR": 1.16, "JPY": 199.29, "CAD": 1.73, "AUD": 1.90, "CHF": 1.13, "CNY": 9.14, "SEK": 13.53, "MXN": 23.05 }, "JPY": { "USD": 0.0063, "EUR": 0.0058, "GBP": 0.0050, "CAD": 0.0070, "AUD": 0.0077, "CHF": 0.0057, "CNY": 0.046, "SEK": 0.068, "MXN": 0.116 }, "CAD": { "USD": 0.73, "EUR": 0.67, "GBP": 0.58, "JPY": 142.86, "AUD": 1.10, "CHF": 0.65, "CNY": 5.28, "SEK": 7.83, "MXN": 13.33 }, "AUD": { "USD": 0.66, "EUR": 0.61, "GBP": 0.53, "JPY": 129.70, "CAD": 0.91, "CHF": 0.59, "CNY": 4.81, "SEK": 7.11, "MXN": 12.10 }, "CHF": { "USD": 1.12, "EUR": 1.03, "GBP": 0.88, "JPY": 178.89, "CAD": 1.53, "AUD": 1.69, "CNY": 8.14, "SEK": 12.05, "MXN": 20.55 }, "CNY": { "USD": 0.14, "EUR": 0.13, "GBP": 0.11, "JPY": 21.97, "CAD": 0.19, "AUD": 0.21, "CHF": 0.12, "SEK": 1.49, "MXN": 2.53 }, "SEK": { "USD": 0.093, "EUR": 0.086, "GBP": 0.074, "JPY": 14.72, "CAD": 0.13, "AUD": 0.14, "CHF": 0.083, "CNY": 0.67, "MXN": 1.70 }, "MXN": { "USD": 0.055, "EUR": 0.050, "GBP": 0.043, "JPY": 8.57, "CAD": 0.075, "AUD": 0.083, "CHF": 0.049, "CNY": 0.40, "SEK": 0.59 } }; function calculateExchange() { var amount = parseFloat(document.getElementById("amount").value); var fromCurrency = document.getElementById("fromCurrency").value; var toCurrency = document.getElementById("toCurrency").value; var convertedAmountElement = document.getElementById("convertedAmount"); if (isNaN(amount) || amount <= 0) { convertedAmountElement.textContent = "Please enter a valid amount."; return; } if (fromCurrency === toCurrency) { convertedAmountElement.textContent = amount.toFixed(2); return; } var rate = exchangeRates[fromCurrency] && exchangeRates[fromCurrency][toCurrency]; if (rate) { var result = amount * rate; convertedAmountElement.textContent = result.toFixed(2); } else { convertedAmountElement.textContent = "Exchange rate not available for this pair."; } } #currency-exchange-calculator { font-family: Arial, sans-serif; max-width: 600px; margin: 20px auto; padding: 20px; border: 1px solid #ccc; border-radius: 8px; background-color: #f9f9f9; } #currency-exchange-calculator h2 { text-align: center; margin-bottom: 20px; color: #333; } .form-group { margin-bottom: 15px; } .form-group label { display: block; margin-bottom: 5px; font-weight: bold; color: #555; } .form-group input[type="number"], .form-group select { width: calc(100% – 12px); padding: 10px; border: 1px solid #ccc; border-radius: 4px; box-sizing: border-box; /* Include padding and border in the element's total width and height */ } #currency-exchange-calculator button { width: 100%; padding: 10px 15px; background-color: #007bff; color: white; border: none; border-radius: 4px; cursor: pointer; font-size: 16px; transition: background-color 0.3s ease; } #currency-exchange-calculator button:hover { background-color: #0056b3; } #result { margin-top: 20px; padding: 15px; background-color: #e9ecef; border-radius: 4px; text-align: center; font-size: 18px; color: #333; } #result span { font-weight: bold; } .explanation { margin-top: 30px; border-top: 1px solid #eee; padding-top: 20px; font-size: 14px; line-height: 1.6; color: #666; } .explanation h3 { margin-bottom: 10px; color: #444; }

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