🦊Foxulator
💱

Currency Converter

Convert between major currencies. Enter exchange rates manually and convert in both directions.

Quick rate:
$
Conversion Result
$ 1.00 USD
=
1,380 KRW
Applied rate: 1 USD = 1,380 KRW

Exchange Rate Reference

These are reference rates. Check financial institutions for real-time rates.
1 USD = 1,380 KRW
1 USD = 0.92 EUR
1 USD = 154 JPY
1 USD = 7.24 CNY
1 USD = 0.79 GBP
1 EUR = 1,500 KRW
1 EUR = 167 JPY
1 JPY = 8.96 KRW
1 GBP = 1.27 USD
1 CNY = 190 KRW

📖 How to Use

  1. Select the source and target currencies
  2. Enter the exchange rate manually or use quick rate buttons
  3. Enter the amount to convert - calculation is automatic
  4. Bidirectional input supported (enter in either field)
  5. Use the swap button to reverse the conversion direction

Features

  • 8 major currencies supported (USD, EUR, JPY, CNY, KRW, GBP, AUD, CAD)
  • Manual exchange rate input
  • Bidirectional conversion (enter in From or To field)
  • Quick currency pair swap
  • Common exchange rate pairs for reference
  • Automatic decimal place handling per currency

📐 Formula

Converted Amount = Principal × Exchange Rate

💡 How It Works

  • Exchange rate is the ratio at which one currency can be exchanged for another.
  • Example: If 1 USD = 1,380 KRW, then $100 equals 138,000 KRW.
  • Exchange rates fluctuate in real-time and vary between buying/selling rates.
  • Banks and card companies apply different rates, so check the actual rate for international transactions.
  • When exchanging, consider the spread (buy/sell difference) and fees.

FAQ

Q. Where can I check exchange rates?

A. You can check real-time rates on Google, major bank apps, or financial news sites. This calculator requires manual rate entry.

Q. What is the mid-market rate?

A. The mid-market rate is the interbank rate used between banks. When exchanging, banks add a margin resulting in different buy/sell rates.

Q. What rate applies to international purchases?

A. Card companies typically use Visa/Mastercard international rates plus a fee (1-1.5%). The rate is usually from the settlement date.

Q. Why does JPY have no decimal places?

A. Japanese Yen (JPY) has a small base unit so subunits (sen) are rarely used. Korean Won (KRW) is similar.

Q. Is a higher exchange rate good or bad?

A. It depends on perspective. A higher USD/KRW rate (e.g., 1,400) benefits exporters but is unfavorable for travelers or importers.

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