Tools for everyday decisionsCurrency Converter & Inflation Calculator
Convert currencies using the latest available daily reference rates, or explore how inflation could change prices and purchasing power over time.
Convert an amount
Converted amount
Rates are daily reference estimates, not real-time trading quotes or guaranteed bank rates. Fees and exchange spreads are excluded. Check the displayed rate date. Source: Frankfurter.
Understand your conversion
Converted amount = entered amount × the selected exchange rate. Changing the amount recalculates locally without requesting another rate.
Rates may reflect an earlier date on weekends, holidays or when source data has not updated. If a rate cannot be loaded, the calculator shows an error instead of substituting an invented rate.
Explore the effect of inflation
The default 6% is an illustrative assumption, not a current inflation reading or forecast. Negative values model deflation.
Year-by-year inflation projection
| Year | Future cost | Purchasing power | Price change |
|---|
How inflation is calculated
Future cost = Current amount × (1 + inflation rate)years
Purchasing power = Current amount ÷ (1 + inflation rate)years
The inflation percentage is divided by 100 before calculation. Future cost estimates the amount needed later to buy what the entered amount buys today. Purchasing power shows what an unchanged cash balance would be worth later in today’s rupees.
This model assumes one constant inflation rate. It does not use historical CPI observations, model investment returns, or account for differences between your spending and a national inflation basket.
Frequently asked questions
Is this a real-time forex converter?
It retrieves the latest available daily reference rate. It is not a tick-by-tick trading feed. The date supplied by the rate provider appears beside the result.
Why is my bank’s exchange rate different?
Banks, card networks and transfer services can apply different rates, spreads and fees. This calculator excludes those charges.
Does the inflation calculator show historical inflation?
No. It projects the effect of the annual rate you enter. A historical calculation requires a specified CPI series and start and end observations.
Does a 50% price increase mean cash loses 50% of its value?
No. If prices rise by 50%, unchanged cash retains about two-thirds of its original purchasing power. Price growth and purchasing-power loss use different denominators.
Currency-pair requests go to the external rate provider; the entered conversion amount is not sent by this code. Inflation inputs are calculated locally. Other website services may have separate data practices.