18.3 Forex Calculator

This topic provides the systematic instructions for users to calculate the exchange rate between two currencies.

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 host system and calculations will be done based on the exchange rate retrieved.

Features Supported In the Application:

This section enables 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

To calculate currency exchange amount:

1. Perform anyone of the following navigation to access the Forex Calculator screen.
   • OBDX portal landing page, click Customer Services , click Calculators, then click Forex Calculator.

   The Forex Calculator screen appears.

   Figure 18-3 Forex Calculator

   
   

   
   Description of "Figure 18-3 Forex Calculator"

   
   

   Note:

   The fields which are marked as Required are mandatory.

   For more information on fields, refer to the field description table.

   Table 18-3 Forex Calculator - Field Description

   Field Name	Description
   From
   Currency	Currency to be sold for which the exchange rate is to be inquired.
   Amount	Amount for which conversion is required.
   To
   Currency	Buy currency for which the exchange rate is to be inquired.
   Amount	Amount which you will get post conversion.

2. From the From – Currency list, select the appropriate currency.
3. In the Amount field, enter the amount to be converted.
4. From the To - Currency list, select the currency and enter the amount in the next field.
5. Application calculate and displays the currency exchange value.
   The exchange rate for both the buy and sell options for currency pair entered, appears.