How to use it
- Enter Amount.
- Enter Exchange rate.
The formula
Converted = amount × exchange rate.
Worked example
100 units at a 1.1 rate becomes 110.
Frequently asked questions
Are rates live?
This uses a rate you enter; check a live source before trading.
Any fees?
Providers add a spread or fee on top of the mid-market rate.
Tips
- The mid-market rate excludes provider markup.
- Compare card fees against cash exchange rates.
- Rates move — check just before you transact.
Key terms
- Mid-market rate
- The true rate before markup.
- Spread
- The provider's markup on the rate.
- Base currency
- The currency you convert from.