Determine how much money in a foreign currency would buy the same basket of goods and services as a given amount in your home currency. Compare real purchasing power across countries.
Purchasing power is calculated by multiplying the domestic amount by the purchasing power parity (PPP) rate and dividing by the nominal exchange rate, showing what the money would actually buy abroad.
Convert between 160+ world currencies using live exchange rates.
Compute cross rates between two currencies using a shared base.
Compute the real value of money adjusted for inflation over time.
Compare salaries internationally adjusted for cost of living.
Estimate profit or loss on a forex trade with pip value.