Historical Fx Rates Calculator

Amount:

Base Currency: USD – US Dollar EUR – Euro GBP – British Pound JPY – Japanese Yen AUD – Australian Dollar CAD – Canadian Dollar CHF – Swiss Franc CNY – Chinese Yuan SEK – Swedish Krona NZD – New Zealand Dollar

Target Currency: USD – US Dollar EUR – Euro GBP – British Pound JPY – Japanese Yen AUD – Australian Dollar CAD – Canadian Dollar CHF – Swiss Franc CNY – Chinese Yuan SEK – Swedish Krona NZD – New Zealand Dollar

Historical Exchange Rate (Target per Base):

Understanding Historical FX Rates

Foreign Exchange (FX) rates, also known as currency exchange rates, represent the value of one currency for the purpose of trade with another. These rates are constantly fluctuating due to a multitude of global economic, political, and social factors. Understanding historical FX rates is crucial for businesses involved in international trade, investors managing global portfolios, and even individuals planning travel or sending money abroad.

What Influences FX Rates?

Interest Rates: Higher interest rates in a country tend to attract foreign capital, increasing demand for its currency and thus strengthening its value.
Inflation Rates: High inflation erodes purchasing power, leading to a depreciation of the currency.
Economic Performance: Strong GDP growth, low unemployment, and stable economic conditions generally boost a currency's value.
Political Stability: Countries with stable political environments are more attractive to investors, supporting their currency.
Government Debt: High levels of national debt can be a negative signal to investors, potentially weakening the currency.
Trade Balances: A trade surplus (exports exceeding imports) can increase demand for a country's currency.
Market Speculation: Traders' expectations about future currency movements can significantly impact short-term rates.

Why Use a Historical FX Calculator?

This calculator helps you convert an amount from one currency to another using a specific historical exchange rate you provide. This is useful for:

Financial Analysis: Evaluating past transactions or investments made in foreign currencies.
Budgeting: Estimating the cost of past foreign purchases or services.
Research: Understanding the historical purchasing power of different currencies.

Simply enter the amount you wish to convert, select your base and target currencies, and input the historical exchange rate (how much of the target currency one unit of the base currency was worth at that past time). The calculator will then show you the equivalent amount in the target currency.

Example Calculation:

Let's say you want to know how much 500 British Pounds (GBP) would have been worth in Japanese Yen (JPY) on a specific date when the exchange rate was 1 GBP = 150 JPY.

Amount: 500
Base Currency: GBP
Target Currency: JPY
Historical Exchange Rate: 150 (meaning 1 GBP = 150 JPY)

The calculation would be: 500 GBP * 150 JPY/GBP = 75,000 JPY.