Forex Calculator

The ForexForeign Exchange Currency calculator provides the value of one currency with respect to another currency. The Calculator displays the converted amount and the currency exchange rate applied. Exchange rates of only predefined currencies can be viewed by the customer.

Exchange rates for the currency will be fetched online from the core banking system and calculations will be done based on the exchange rate retrieved.

Features Supported In Application:

This section allows user to see the value expected for a conversion of currency into other

Exchange rate of currencies
Calculation of amount of currency converted to the other

Pre-Requisites

Support for the currencies provided by host

You are here How to reach here:

Toggle Menu > Accounts > Current and Savings > Overview > Forex Calculator

Field Description

Field Name	Description
Currency	CurrencyA generally accepted form of money, including coins and paper notes, which is issued by a government and circulated with in an economy. to be sold for which the exchange rate is to be inquired.
Currency	Buy currency.
Amount	Amount for which conversion is required.
Amount	Amount (in the To Currency) which you will get post conversion.

To calculate currency exchange rate:

From the Currency list, select the appropriate currency to be sold.
From the Currency list, select the currency to be buying.
In the Amount field, enter the amount to be converted.
To calculate the currency exchange rate, click Calculate Rate.
The exchange rate for the currency pair, appears.

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