Currency Converter 4+

OANDA Corporation

Designed for iPhone

    • 3.3 • 12 Ratings
    • Free

iPhone Screenshots

Description

Convert exchange rates for over 180 currencies and 4 metals. Type conversion amounts using a custom big-button keypad.

RELIABLE RATES

OANDA Rates® are used by corporations, tax authorities, auditing firms, and financial institutions. They are daily filtered rates based on information supplied by leading market data contributors.

ADJUST RATES TO WHAT YOU’RE BEING CHARGED

Use the Interbank rate (which is seldom available to the general public), or choose a percentage add-on to better approximate the actual rate charged by your bank or credit card company.

SEE BUY AND SELL RATE DETAILS

See conversion rates immediately, or ask for details where you can see buy and sell rates for both currencies.

When you convert currency, you sell one currency to buy another. Your financial institution charges you a different rate if you are selling a currency (the bid rate) or buying a currency (the ask rate).

KEEP YOUR FREQUENTLY USED CURRENCIES ON QUICK ACCESS

Store the last five currencies you used for quick access.

ACCESS OBSOLETE CURRENCIES

See the current rate for obsolete currencies, if they were still around today.

Read currency news. Click here >
http://forexblog.oanda.com/

Online currency tools. Click here >
http://www.oanda.com/

What’s New

Version 1.3.5

This app has been updated by Apple to display the Apple Watch app icon.

Added new languages

Ratings and Reviews

3.3 out of 5
12 Ratings

12 Ratings

Clincial Alchemist ,

OK

It seems to work fine, but it’s not what I need. I want to compare the price while travelling (which includes the local VAT) with the price in my home currency (which typically does not).

For example, a shirt in Melbourne is priced at $100 AUD including the 10% Australian VAT. This is equivalent to $90.53 CAD at today’s rate. Since sales tax is generally not included in the posted price in Canada, someone from Toronto would have to divide this by 1.13 to get the price without 13% HST. Thus, a shirt priced at $100 AUD in Melbourne would be equivalent to a shirt priced at $80.12 CAD in Toronto.

Things get even more complicated when it comes to food. Depending on where you are, sales tax and tips may be applied to meals. To use the example above, a $100 AUD meal in Melbourne would cost $90.53 CAD in Toronto. Assuming a 20% tip applied post-tax, this gives a cost of $75.44 CAD including HST. Dividing again by 1.13, we see that a $100 AUD meal in Melbourne would have a “menu price” of $66.76 CAD in Toronto.

In summary, using today’s values, $10 AUD is worth $9 CAD at the bank, but something priced at $10 AUD is really more like $8 CAD in a shop or $6.70 in a restaurant.

This is the kind of math I’m actually trying to do in my head when comparing prices overseas. It shouldn’t be that hard to implement a conversion system. Just have boxes where you can enter the default sales tax and tipping rates for your home country to allow a proper comparison.

Ziño ,

Not Bad

As a free currency converting app you get what you don't pay for.

Very simple and easy to use. Would be good if you could compare several currencies at a time. Also don't like the fact that when you go to select a currency it always opens up the 'All Currencies' tab rather than remembering the last tab opened of the two (the other is 'Recently Used'). I do like that you can select the bank or credit card buying and selling percentage rate to have a more accurate conversion.

Regardless it does the basic job. No extra gimics that you don't really need.

Houseproud_MB ,

LOL

App crashes before it finishes loading, with no updates available. Sometimes free is a bad deal 😂

App Privacy

The developer, OANDA Corporation, has not provided details about its privacy practices and handling of data to Apple.

No Details Provided

The developer will be required to provide privacy details when they submit their next app update.

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