Currency converter

A currency converter is software  that is designed to convert one currency into another currency in order to check its corresponding value. The currency converter software code is generally a part of a web site or  it is based on current market or bank exchange rates.

convert one currency into another currency, a user enters an amount of money (e.g. '500') and chooses the currency he/she wishes to check the monetary value of (e.g. United States Dollar). After that, the user selects one, or sometimes several other currencies.he/she would like to see the result in The application then calculates and displays the exact amount of money.Currency converters aim to maintain real-time information on current market or bank exchange rates, so that the calculated result changes whenever the value of either of the component currencies does. They do so by connecting to a database of current currency exchange rates. The frequency at which currency converters update the exchange rates they use varies: Yahoo currency converter updates its rates every day,while Convert My Money currency converter - every hour.