Currency Converter

When to use it

• You hold balances in more than one currency and need everything in a single currency before entering values into a Zakat calculator.
• You have already sourced today's exchange rate from your bank or another source you trust and want the multiplication done transparently.
• You want to document the exact rate, direction, and result used in a calculation you may need to review later.

How the figure is produced

1. With '1 source = rate target' selected, converted amount = amount × entered rate.
2. With '1 target = rate source' selected, the entered rate is inverted first: converted amount = amount × (1 ÷ entered rate).
3. That is the entire computation — no fees, spreads, rounding rules, or historical rates are modelled.

Assumptions built in

• The rate you enter is one you sourced and verified yourself, with its own date and time.
• No exchange rate is fetched, cached, or supplied for you. The figure used is the one you type, so the result is only as current as the rate you sourced and the moment you sourced it.
• The currency labels describe your inputs; they do not validate that the rate actually belongs to that currency pair.

Limitations

• A real transfer usually settles at a different effective rate once fees and spreads apply; this tool shows the arithmetic of the quoted rate only.
• For Zakat preparation, record the rate source and timestamp alongside the result — the methodology and preparation guide both call for one consistent, documented conversion.
• The output is arithmetic, not a ruling. Whether an asset is Zakatable at all, and which threshold applies to you, are questions this tool does not answer.