Currency Conversion Planner

The net converted amount is the amount times the exchange rate, minus the fee percentage taken from the converted total.

Use the calculator FAQ

Quick answer

The net converted amount is the amount times the exchange rate, minus the fee percentage taken from the converted total. With the default inputs (Amount $1,000, Exchange rate 0.92%, Fee percent 1.5%) the result is Converted amount $920, Estimated fee $14, Net converted $906.

Method

Converted amount = amount x exchange rate. Estimated fee = converted amount x fee percent / 100. Net converted = converted amount - estimated fee.

The exchange rate is the one you type in; this tool does not fetch live rates, so use the rate your bank or exchange service quotes.

Worked example

Amount	$1,000
Exchange rate	0.92%
Fee percent	1.5%
Converted amount	$920
Estimated fee	$14
Net converted	$906

Assumptions and limits

Rates are entered manually and are not live market data.
Only a single percentage fee is modelled; fixed transfer fees and rate spreads must be included in the rate or fee you enter.

Educational estimate only. It is not financial, tax, legal, or investment advice.

FAQ

How do I calculate a currency conversion with a fee?

Multiply the amount by the exchange rate, then subtract the fee percentage of that result. With the defaults ($1,000 at 0.92%, 1.5%% fee) the net is $906.

Does this tool use live exchange rates?

No. You enter the rate yourself, so it works with the exact rate your provider quotes.

How is the fee calculated?

As a percentage of the converted amount. With the defaults the fee is $14.

Does it include fixed transfer fees?

No. Add a fixed fee by lowering the rate or by converting the fee to an equivalent percentage before entering it.

Is my data stored?

No. The calculation runs in your browser and the inputs are not sent to or saved by this site.