Currency & Forex
Basic

Currency Conversion

Convert an amount from one currency to another using the quoted exchange rate.

Formula

Foreign=Domestic×RateForeign = Domestic \times Rate

Variables

ForeignAmount in target currency
DomesticAmount in base currency
RateUnits of target per base

Example

$100 at 0.92 EUR/USD = €92

Did You Know?

Quotes are directional: an “EUR/USD = 1.09” rate means one euro buys 1.09 dollars, not the reverse.

conversionexchange rateforex