3.3 Forex Calculator

This topic describes the information about Forex Calculator screen. The foreign exchange calculator calculates the rate at which one currency can be exchanged for another.

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-rRequisites

• Support for the currencies provided by host

To calculate currency exchange amount:

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

   The Forex Calculator screen appears.

   Figure 3-3 Forex Calculator

   
   

   
   Description of "Figure 3-3 Forex Calculator"

   
   

   Note:

   The fields which are marked as Required are mandatory.

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

   Table 3-3 Forex Calculator - Field Description

   Field Name	Description
   From	Information specified in below fields are related to From details.
   Currency	Currency to be sold for which the exchange rate is to be inquired.
   Amount	Amount for which conversion is required.
   To	Information specified in below fields are related to To details.
   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.
   Application calculate and displays the currency exchange value.

   The exchange rate for both the buy and sell options for currency pair entered, appears.