Cargo Exchange Rate Converter
Importers need currency arithmetic, not a blinking ticker. Definition: the conversion is the linear formula home value = foreign value × rate, where the rate is the board quote you take from your bank or a central-bank reference list and type in yourself. From that single number the tool derives the inverse quote, applies an optional bank spread, and runs the landed-cost chain (duty base → duty → import VAT/GST) through the identical rate so your estimate stays internally consistent.
Manual Exchange Rate Converter
Convert cargo values between currencies using the board rate you type in — no live feed, no invented numbers.
| USD | CNY (at board rate) | CNY (after spread) |
|---|---|---|
| 1 | — | — |
| 100 | — | — |
| 1,000 | — | — |
| 10,000 | — | — |
Formulas Behind the Conversion Chain
The tool deliberately separates reference data (your typed rate) from arithmetic (fixed formulas). Everything below is deterministic math — nothing is fetched, cached, or estimated from market feeds.
| Step | Formula | Notes |
|---|---|---|
| 1 · Convert | home = foreign × rate | rate = home-currency units per 1 foreign unit, typed by you |
| 2 · Inverse quote | 1 ÷ rate | Zero-guarded; blank input shows no number |
| 3 · Bank spread | effective = rate × (1 − spread%) | Optional; models retail boards quoting worse than reference |
| 4 · Duty chain | duty = base × duty% · VAT = (CIF + duty) × VAT% | Statutory base per destination (US/AU transaction value; EU/UK CIF) |
| 5 · Convert chain | total home = total foreign × effective rate | One rate applied consistently to every component |
Scope and basis statement
This page never calls a rate API, displays no "current" market figures, and stores no input. The exchange rate is user-supplied reference data; suggested sources are your settlement bank's board, your payment provider's published rate, or central-bank references such as the PBOC central parity, the ECB reference rate, or the Bank of England published spot. Duty and VAT bases follow the customs duty estimator's jurisdiction rules (US CBP transaction value, EU/UK CIF, AU customs value). Converted totals are planning figures, not a settlement promise.
Exchange Rate Converter FAQ
Why does this converter ask me to type the exchange rate myself?
Real FX pricing is commercial data and changes minute by minute; any 'live' number a free tool displays is either paid-for or invented. This page takes the honest route: you read the day's reference rate from your own source, type it once, and every figure on the page — conversion, inverse, landed cost — is computed from that single input in your browser.
Where should I get the exchange rate I type in?
Use the source you will actually settle through: your bank's daily board or exchange list, your payment provider's published rate, or the central-bank reference rate (e.g. the People's Bank of China central parity, the ECB euro reference rate, or the Bank of England spot rate). The bank or PSP board rate is the one your money moves at, so it beats a mid-market headline for planning.
What is a bank spread and why does it change my conversion?
Retail boards quote a rate slightly worse than the interbank reference — that gap is the spread, typically a small percentage. The optional spread field multiplies the rate you typed by (1 − spread%), so 7.15 with a 2% spread converts at 7.007 and shows what you actually receive after the bank's margin.
How does the landed-cost linkage work?
When enabled, the FOB invoice value, freight and insurance are valued through the customs duty estimator's statutory bases — US and AU on the transaction/customs value, EU and UK on CIF — then duty and import VAT/GST are converted to your home currency with the very same rate you typed, keeping one consistent conversion basis across the whole estimate.
Last reviewed: September 2026 · Suggested rate sources: settlement bank board rate, central-bank reference lists (PBOC / ECB / BoE).