Mastercard Exchange Rate Calculator
This calculator helps you estimate the cost of a transaction when using your Mastercard abroad, considering Mastercard's wholesale exchange rate and a potential foreign transaction fee. Mastercard uses a daily wholesale rate, and your bank may add a foreign transaction fee on top of that. This calculator provides an estimate based on the current rate and allows you to input your bank's fee.
Amount to Convert:
USD
EUR
GBP
JPY
CAD
AUD
CHF
CNY
SEK
NZD
to
USD
EUR
GBP
JPY
CAD
AUD
CHF
CNY
SEK
NZD
Mastercard Exchange Rate (1 [Original Currency] = X [Target Currency]):
Foreign Transaction Fee (%):
Calculate
Estimated Cost:
Amount in Target Currency (after conversion):
Estimated Foreign Transaction Fee:
Total Cost in Target Currency:
function calculateExchangeCost() {
var amountToConvert = parseFloat(document.getElementById("amountToConvert").value);
var mastercardRate = parseFloat(document.getElementById("mastercardRate").value);
var foreignTransactionFee = parseFloat(document.getElementById("foreignTransactionFee").value);
var convertedAmount = 0;
var transactionFeeAmount = 0;
var totalCost = 0;
if (!isNaN(amountToConvert) && !isNaN(mastercardRate) && !isNaN(foreignTransactionFee)) {
// Calculate the amount in the target currency using Mastercard's rate
convertedAmount = amountToConvert * mastercardRate;
// Calculate the foreign transaction fee based on the converted amount
transactionFeeAmount = convertedAmount * (foreignTransactionFee / 100);
// Calculate the total cost in the target currency
totalCost = convertedAmount + transactionFeeAmount;
document.getElementById("convertedAmount").textContent = convertedAmount.toFixed(2);
document.getElementById("transactionFeeAmount").textContent = transactionFeeAmount.toFixed(2);
document.getElementById("totalCost").textContent = totalCost.toFixed(2);
} else {
document.getElementById("convertedAmount").textContent = "Invalid input";
document.getElementById("transactionFeeAmount").textContent = "Invalid input";
document.getElementById("totalCost").textContent = "Invalid input";
}
}
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