Currency converter
At Unifx, when you need a swift currency conversion, our user-friendly currency converter has you covered. Just input the details, and you'll receive the latest rates instantly, as our converter is updated in real-time.
How the currency converter works
To initiate a new conversion, follow these steps:
- Choose your base currency from any of the 6 dropdown lists
- Select up to 5 other currencies
- Input the amount of the base currency
- And the exchange rates will automatically be calculated
How to get started?
Embark on your forex trading journey with Unifx. Whether you are a seasoned trader or a beginner, our platform is designed to meet your needs, providing you with the tools and resources to navigate the global forex markets successfully.
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Frequently asked questions
Exchange rates are determined by either floating rate or fixed rate.
Floating rates are calculated based on supply and demand on the global markets. A high demand for a currency will increase its value while low demands will drive the price down.
On the other hand, a fixed rate is when a currency is set against another major currency, such as the Japanese yen or US dollar, by a government through its central bank.
There is no one specific day that is the best time to exchange currency as forex pricing is based on numerous factors, such as economic and political events, news releases, investors’ confidence, and more.
A currency converter that is updated in real-time, like the Exness Currency Converter, is best suited for knowing up-to-date exchange rates.