The process of converting one form of currency into another country's usable currency. Based on current exchange rates, a person may receive less or more value after the currency is converted. This can be determined by looking at the current exchange rate for the country's currency.

Why do people use currency converter One of the most general reasons is the following: people may plan to move from one country to another, because of which they will be unable to use their domestic currency. So, the currencies may be converted due to the need of usage in other territories, where the domestic one may not be accepted. An online Currency Exchange Rate Conversion Calculator is good to use for business, personal, or educational purposes.