Converters
Converter for currencies
Convert money with the rate wey you enter, then remove the fee if any. We no fetch any market rate, and this result no stand for one.
Add to workspaceYour numbers
Result dey update as you type; no Calculate button dey. All calculation dey run inside your browser.
Amount wey you receive
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How the result break down
| Di item | Amount |
|---|
We dey remove the fee from the converted amount. Enter the rate wey your provider actually give you; no use the rate wey you just remember.
Formula
Amount wey you receive = source amount × exchange rate × (1 − fee rate). Di same thing mean: gross = amount × rate; fee amount = gross × fee %; amount wey you receive = gross − fee amount.
| Input | Example value |
|---|---|
| Amount | 1,000 |
| Rate (na example only) | 7.2 |
| Fee | 1% |
We no fetch rate from any market source. The default 7.2 na example wey come from the original tool. E no be current quote or recommendation.
Example wey show the calculation
1,000 × 7.2 = 7,200 gross. 1% fee na 7,200 × 0.01 = 72, so amount received na 7,200 − 72 = 7,128. Effective rate na 7,128 ÷ 1,000 = 7.128 per unit.
Where e fit work and limits
This page no provide live or market exchange rate, and default rate na example only. Banks and payment providers add spreads and fixed fees wey this single fee percentage fit no capture; confirm actual rate, spread, and any fixed charge before you send money. Display values rounded to 6 decimal places; real providers round to currency smallest unit, which fit change final cents.
Questions wey people dey ask often
Default rate na the current market rate?
No. Na example value (7.2) carried over from original tool, clearly labelled as example. This page fetch no market data — always replace am with rate your provider quote.
The fee cover provider spread?
Only if you add the spread to the fee percentage yourself. If the provider rate worse than the market rate, that spread dey add cost on top of any fee wey dem state.
Wetin if fee na fixed amount instead of percentage?
Remove am from the gross amount yourself: received = amount × rate − fixed fee. This page dey calculate percentage fees only.
Why amount wey I receive lower pass amount × rate?
Na because we dey remove the fee percentage from the converted amount. When the fee na 0%, both rates go equal.
I fit convert for the other direction?
Yes: divide instead of multiplying. If 1,000 units buy 7,128 at example rate and fee, reverse effective rate na 1,000 ÷ 7,128 = 0.140292 per unit.
Other tools wey relate to dis
- Converter for weight units — convert kilograms, grams, pounds and ounces
- Converter for temperature — convert Celsius, Fahrenheit and Kelvin
- Converter for area units — convert square metres, square feet, acres and mu
Results na estimates; dem no replace advice from qualified professional.