Currency Exchange Calculator
Convert money with a manual exchange rate, fee percentage, fixed fee, and net received estimate.
Exchange Inputs
Recommendations
Calculation Steps
How to compare exchange costs
Use the effective rate and fee breakdown to compare providers on the amount you actually receive.
Start with the quoted rate
Enter the exact rate shown by your bank, card, broker, or transfer service. The mid-market rate is useful for comparison, but the quoted rate is what affects the transfer.
Include both fee types
Many transfers combine a percentage fee with a fixed fee. The fixed fee matters most on small transfers, while the percentage fee grows with the amount.
Compare the effective rate
The effective rate shows net target currency received divided by the original source amount, so it captures both the exchange rate and fees.
Currency Exchange FAQ
Common questions about manual rates, transfer fees, and effective exchange rates.
Does this calculator use live exchange rates?
No. Enter the rate quoted by the provider you are comparing. Live market rates change constantly and often differ from the rate offered to customers.
Why is the net received amount lower than the gross converted amount?
The gross amount applies the exchange rate before fees. The net amount subtracts percentage and fixed fees first, then applies the exchange rate to the remaining source amount.
What is the effective exchange rate?
The effective rate is the final target currency received divided by the original source amount. It is useful because it includes both the quoted exchange rate and transfer fees.