Russian ruble dollar currency converter. Bank card conversion
Conversion is a free exchange process different states. Cash transactions can be carried out not only within the country, but often in several countries at once, and the state does not interfere in the process.
There are not so many freely convertible currencies in the world - they make up only 15% of the total existing currencies. At the same time, freely convertible currency is a clear sign of economic stability in a country or state. With free exchange, the foreign economic activity of the state is noticeably simplified.
Cashless currency conversion
Currency conversion can be carried out using cash and non-cash transactions. In the first case, it is supposed to convert currency at an ATM, an exchange office, or a bank. This is the more popular option among the two presented.
Meanwhile, non-cash currency conversion should also not be discounted, as it is often more profitable. Cashless conversion can be carried out in electronic payment systems, electronic wallets, personal account on the website of the bank that owns the open account, using bank.
To make a non-cash conversion, which is a transfer of funds from one foreign currency account to another, often requires a lower commission compared to a cash conversion, and some systems have completely abandoned commissions for this type of transaction.
Currency conversion fee
The commission for currency conversion may vary, depending on the selected conversion method (cash or cashless transactions), from the bank or exchange office where the currency is converted.
The most interesting option from the point of view of minimum commissions is considered to be non-cash conversion. Moreover, more and more banks (if the conversion occurs within only their banking system) do not charge a commission at all for this type of transactions, other banks take minimum commission... Therefore, if you do not want to overpay interest, before making a conversion, it makes sense to analyze offers from different banks.
Currency conversion for today
In connection with the latest events in the world financial market(jumps in exchange rates) conversion operations are carried out by ordinary people more and more often: queues line up at exchangers. But if you want to exchange one currency for another on the most favorable terms for you, it makes sense to spend a little time studying the offers in the banks of your city.
You can find all the necessary information about currency conversion for today on the Sravny.ru website. Just look at the appropriate section and you can choose Best offer of the possible.
Currency conversion operations
The ability to carry out operations to convert one currency into another is a signal that the country whose currency can be converted is included in world economy and can actively develop foreign economic activity... That is, currency conversion operations have a beneficial effect on the investment climate in this country.
But in most cases, banks conducting the conversion charge a certain commission for converting currencies. If it comes about conversion for "household needs" (for example, if you often travel abroad to rest or work), the best way- create a multicurrency card, so you can use the currency that is in circulation in the country of your stay.
Currency conversion calculation
From time to time, each of us faces the need to convert currency. We can talk about a trip abroad or, for example, about attempts to ensure an increase in their capital through operations on foreign exchange market... In any case, the ability to make a correct and quick calculation of currency conversion can help you find the best option - the most profitable rate.
If you deal with currency conversion often enough, it makes sense to "acquire" an online currency converter, with which you can find out at what rate you can exchange one currency for another at a particular point in time. More detailed information you will find on the site "Sravn.ru".
Converter at the rate of the Central Bank
Need to know the official currency quotes? Do you want to calculate the amount to be exchanged or reflected in accounting? The converter will help at the rate of the Central Bank. It is easy to find it - the project sites of credit organizations and exchange services offer online calculators that allow you to quickly calculate the value of your funds in selected payment units. Convenient and intuitive programs will instantly and accurately perform the calculation. The information on the sites is constantly updated, so you will receive accurate results corresponding to the current quotes. central bank RF sets quotations for 33 currencies from the approved list.
Online currency converter
You can find the quotes of means of payment from banks, but there is an easier way. Convenient converter online currencies will save you time and effort. The site offers Internet users to find out the cost of payment units of different countries. It is enough to enter any amount and types of currencies - the calculation will be done accurately and quickly. The resource has relevant, constantly updated information, which guarantees the accuracy of the data provided. On its pages you will find information about the most favorable rates, addresses of exchange points and bank branches, other useful information... Information is available from stationary and mobile devices.
Why does a country need a freely convertible currency
All states strive to ensure that their money is exchanged without restrictions for foreign means of payment. Why does a country need a freely convertible currency and what can be achieved with it? The main benefit from the unimpeded conversion of monetary units is the development of international trade, the rapid implementation of export-import operations, and the acceleration of interstate settlements. Among all the existing means of payment, only 18 do not have obstacles when exchanging them into monetary units of other states.
Conversion in banks
Legal and individuals carry out currency exchange at financial institutions. Conversion in banks is carried out in order to:
- transfer of cash to the currency of another country;
- recalculation of payments for;
- recalculation of deposit;
- carrying out international settlements.
Credit institutions carry out currency exchange in accordance with the officially established exchange rate as of the current date. Transactions are made at the checkout financial institution or by bank transfer. On the site you will find fresh, constantly updated exchange rates of the Central Bank of the Russian Federation and commercial financial institutions.
Conversion of a deposit
The terms of multicurrency deposits provide for the conversion of the deposit. If desired, the account holder can transfer cash from one currency to another. This is especially beneficial when there are fluctuations in exchange rates. As a result, the bank's client saves the invested funds without losses.
The site provides information on the transfer of some currencies to others, the conditions for placing deposits in the leading banks of the country, current courses monetary units of different countries. Based on the available data, bank customers can make a profitable choice, save and increase funds.
When using the card at home, we do not think about how the process of debiting money from the account takes place, because the account currency is mainly rubles and the payment currency is also rubles, which means that no conversion should seem to be performed, but this is only at first glance. And when we go abroad with a card in rubles, then we become interested, firstly, how the conversion will take place, and secondly, and this is the most important thing, how much we will have to pay for it. In fact, the conversion always takes place, including when you pay with a card in Russia.
Converting currencies when paying by card - the main nuances
Three currencies take part in the entire conversion scheme - the first is the currency of your card account, the second is the billing currency and the third is the payment currency.
Payment currency is the currency with which you ultimately pay for the goods or receive it through an ATM. Billing currency - used for settlements between banking institution and payment system and finally, the currency of the card itself is the currency in which its account is opened.
When paying with a card, the following happens:
1) First, the currencies of payment and billing are compared, if they are different, the conversion will take place, and in this case it will be at the rate of the international payment system to which the card belongs. It usually takes about 3 days.
3) The issuing bank, in turn, compares the billing currency with the one in which you have the card open, if it does not match, the conversion will occur again, but it will already be in accordance bank rates, then the required amount will be debited from the card account. Therefore, having made only one purchase, you can pay two commissions for the conversion, but in a situation where all currencies are the same, then you will not have to pay for the conversion.
issue a card
- 0 - 18,000 rubles.
- by passport
- from 18 years old
- on the day of appeal
- by mail or
by courier - up to 6% on the balance
- to 10%
- Mastercard
- The debit card is exclusively for people with good income, if one of them, then the map will be an excellent tool as in Everyday life and while traveling. It is equipped with the latest technologies - PayPass, 3D Secure and a chip.
More details
issue a card
- 0 - 1188 rub.
- by passport
- from 18 years old
- on the day of appeal
- up to 10% on the balance
- to 10%
- A debit card called "Benefit" issued by Home Credit will bring high income to its owner due to the accrual of interest on the balance. Also, given platinum card has a number of privileges and some unique capabilities.
More details
issue a card
- up to 150,000 rubles
- 1100 days
- 0 rubles
- by passport
- from 20 to 70 years old
- on the day of appeal
- by mail or
by courier - Mastercard
- 8% discount "MEDSI"
- To send an application for a Zero card, you must fill out an online form on the official website of MTS-Bank. For the release, you need to pay 299 rubles at a time, and then monthly maintenance is free, only 30 rubles will be charged every day for use credit limit... When you have no debt to the bank, you do not need to make any payments. The credit limit, by the way, is up to 150,000 rubles. You can withdraw funds from the card at ATMs of any banks, but not exceeding the limit - 50 thousand rubles. per day and 600 thousand per month.
More details
issue a card
- up to 300,000 rubles
- from 0% to 49.9%
- 55 days
- 590 rubles
- by passport
- from 18 to 70 years old
- on the day of appeal
- 2.9% + 290 rubles
- by mail or
by courier - Mastercard
- up to 30%
- up to 12 months
installment plan - Tinkoff Bank is popular financial institution which offers customers a variety of banking services. Commercial establishment is innovative, progressive, stable and profitable enough for cooperation. Many private and legal entities find useful banking products for settlements, transfers and payments. Among all services, the Tinkoff Platinum card is especially popular.
More details
issue a card
- 0 - 2739 rubles
- by passport
- from 18 to 70 years old
- on the day of appeal
- up to 6.5% on the balance
- Mastercard
- up to 20%
- Is different debit card"Four" from the rest plastic cards with cashback because it has an increased cashback of up to 10% in certain categories, and up to 15% in partner stores. Interesting for drivers or people who constantly use taxis, because the increased cashback is returned just from the gas station, payment parking spaces, taxi services and other payments related to transport.
More details
For Mastercard credit cards, the billing currency changes, it may be the euro, if settlements were made in the Eurozone, or the dollar, if in any other countries, and for VISA cards, this currency is always the dollar. If the card is received in Russia and payments are made only on its territory, then the billing currency, by agreement with the payment system, is equal to our national currency and, therefore, the cardholder will not pay a commission. However, the conversion of currencies will take place in any case, it is just that now all the costs associated with it are borne by the bank itself.
Currency conversion rate for VISA and Mastercard
The rate at which conversions are made in international payment systems is indicated on their website:1) Conversion course VISA cards.
2) Conversion rate for Mastercard cards.
3) Conversion rate for American Express cards.
You can find out the currency conversion rate at the bank on the official website of this bank, as well as by calling the contact center or by finding information in the Internet bank. Moreover, this rate will not necessarily coincide with the usual for us rate of buying and selling currency in this bank.
It should also be borne in mind that funds from the card are not debited immediately, but after a few days, and accordingly, taking into account the sharply changing rate of our national currency, the amount debited may increase or decrease, that is, it is difficult to predict it.
Cross-border transaction fees
In some banks, there is a commission for cross-border transactions, which is charged for purchases, or transactions made in foreign currency, using a card on whose account there are rubles. Each bank sets the size of such a commission in its own way: Sberbank charges 1.5% of the amount, VTB does not withhold this commission on Mastercard cards, and it is 2% on VISA cards, Alfa-Bank has set a commission of 1.7% , but for example, such banks as Tinkoff or Renaissance do not charge this commission at all.
In the table, you can see the conversion chain for payments in different countries with different currencies on the card account:
Account currency - Ruble
Several situations may arise:
1) If you pay by card in Turkey, where local currency are lira, then two conversions will take place, that is, first, the currencies will be transferred in accordance with the rate of the payment system - the lira will be converted to dollars, then - the dollars will be converted into rubles at the bank rate, and ultimately the funds will be debited from your card. In other words, you will pay two conversion fees and one for cross-border payments.
2) If you settle in US dollars, then the conversion will happen only once, because the chain now takes the following form: dollars - dollars - rubles, that is, as we can see, only the account currency and the billing currency do not match. This is the only commission that will be charged by the bank where you issued the card.
3) If you paid in euros, then two options can happen here, with one or two conversions:
- for Mastercard credit cards, the conversion scheme looks like this: euros - euros - rubles, that is, due to the coincidence of billing and payment currencies, you will have to pay only one commission at the bank rate.
- for VISA credit cards: euros - dollars - rubles, that is, none of the currencies matches, which means two conversions and, as a consequence, two commissions.
That is why, if you are heading to a country that is part of the Eurozone, and are going to pay there with your ruble card, then it is desirable that it was issued by the Mastercard payment system.
Account currency - Dollar
1) When you make purchases of goods with a dollar card in Turkey, then a transfer of lira into dollars is made, in which we have a card account, which means that you will pay a commission at the rate set by the payment system. You may also be charged a bank commission for a so-called cross-border transaction, because the payment was made abroad, and not in the currency of any payment system, and also not in rubles.
2) If you paid in dollars, then no commission will be charged at all, because all three currencies involved in the payment (cards, billing, payments) are American dollars.
3) If the payment was made in euro, the following happens:
- for Mastercard cards, the scheme is as follows: euro - euro - dollars, converting at the rate of the bank.
- for Visa cards: euros - dollars - dollars, only now the commission for conversion will be paid by you at the rate of the payment system.
As you can see, in this case, there is no difference between payment systems.
4) When paying with a dollar card in Russia, only one conversion will be performed, because the scheme looks like this: rubles - rubles - dollars, and as we mentioned above, the billing currency in Russia is the ruble. The tariff for this commission will be set by the bank by the card issuer.
Account currency - Euro
1) You buy a product, for example, in Turkey, where the local currency is the lira. The scheme looks like this: euros are converted into dollars, and they, in turn, into lira, which means at least two commissions, plus a possible commission for an operation performed abroad.
2) Payment by card took place in the United States, therefore, the sequence of conversion operations will be as follows: dollars - dollars - euros, which means that you need to pay one commission at the bank rate.
3) Payment for the goods in euros. The conversion scheme will be as follows:
- for Matercard cards: euro - euro - euro, which means no commission.
By default, the Currency Calculator calculates at the current exchange rate of the Central Bank of the Russian Federation ( The Central Bank Russian Federation) between US dollars and Russian rubles.
You can change the date of exchange rates by choosing any day you need. To change the date, click on the link on the date, an additional menu will open. The database contains information on all exchange rates officially established by the Central Bank of the Russian Federation since 1993. The date selection menu only shows the days on which the exchange rates were officially set. Fresh exchange rates are downloaded daily from the website of the Central Bank of the Russian Federation.
You can change the major currencies using the currency dropdown menu. It is convenient to change the main Currency 1 by clicking on the line with the currency name in the lower table.
All calculations (cross-rate and totals) in the table on the "Calculator of all currencies" tab are performed automatically when the values of the main currencies change.
You can not only make calculations for currency conversion, but also view the Currency Rates for the selected date on the "Currency Rates" tab of the table.
For ease of use, you can customize the Currency Calculator. The settings allow you to disable currencies you do not need, change the order in which currencies are displayed, set the default currencies for basic calculations. Use the "Settings" tab.
You can pay for purchases in any currency regardless of the currency of the card account. In this case, the funds are converted.
Three currencies are always involved in the conversion process: transaction currency, billing currency and card account currency. The transaction currency is the currency in which a purchase is made or funds are withdrawn from an ATM. The settlement currency between the payment system and the bank is called the billing currency. Typically, in cross-border transactions, this role is played by euros or dollars. The currency of the card account is the currency in which the bank card account is opened.
Conversion by bank card occurs as follows: the currency in which the card transaction was performed is matched with the billing currency, the latter, in turn, with the currency of the card account. If they do not match, a conversion takes place, which can be carried out both by the payment system and by the bank that issued the card.
If the currency of the card or the currency of the purchase coincides with the settlement currency between the payment system and the issuing bank, then one conversion is performed for the operation, and if both currencies do not coincide with the billing currency, a double conversion of funds occurs. If all currencies in the settlement chain are the same, there will be no conversion.
If the purchase currency differs from the billing currency, funds are converted at the rate of the payment system, which can be specified through the official websites of the payment systems. The bank commission for the conversion is set by credit institutions independently and is reflected in the tariffs of the banks.
If the currency of the billing and the card account does not match, the bank converts funds into the currency of the account at its internal rate specially established for such calculations (it may differ from the rate for transactions with in cash). The most optimal option for the cardholder is when such a rate is taken equal to the Central Bank of the Russian Federation.
It should be noted that some banks, if the currency of the operation coincides with the currency of the account, do not charge the client a commission for conversion.
If the payment on the card is made in the same country in which it was issued, then the banks set the billing currency national currency... Therefore, when paying for a purchase in rubles on the territory of Russia with a card attached to a ruble account, there is no conversion. The account is debited exactly as much as the purchase costs. If the card account is opened in foreign currency, one conversion will be made (purchase currency into account currency) at the level of the card issuing bank. Conversion can also occur if payment by card is made, for example, in an online store or an airline that has an acquiring bank abroad.
The bank decides which currency or currencies to settle with the payment system. Each credit organisation has its own list of currencies for such calculations. So, one bank can only settle in dollars, and the other - both in dollars and euros. But in most cases, the billing currency between the Visa payment system and banks is dollars, between Mastercard Worldwide and banks - either dollars or euros when in the eurozone.
If a credit institution bears the conversion costs when the account currency and the transaction currency coincide, it is more profitable to use a card with an account in euros when traveling to the eurozone, and with an account when traveling to the dollar zone or countries with currencies other than dollars and euros. in dollars.
You should also understand the difference between Europe and the eurozone. The latter includes those states official currency which is the euro. Therefore, in countries such as the Czech Republic, Great Britain, Denmark and Sweden, the settlement currency between the payment system and the bank is likely to be the dollar.
In any case, before traveling abroad, you should ask your bank in what currency it makes settlements with the payment system, who pays the conversion fee when the transaction currency coincides with the account currency, and clarify the amount of all possible fees.
You should also pay attention to the multicurrency cards of banks and evaluate their capabilities, since they allow you to use the account currency you need at the moment.
The page presents an online currency calculator, which is a convenient tool for converting money online from one monetary unit in another currency, according to the bank's exchange rate for today. For the calculation are taken last values... Using the currency calculator, you can convert more than 30 foreign currencies such as dollar, euro, ruble, hryvnia, yuan, yen, zloty, pound and other popular currencies.
The online currency converter is calculated as follows: You need to enter the amount of currency that you need to convert to foreign currency at the current rate. The translation of currencies online in the main and filled fields will be carried out automatically without using additional buttons and reloading the page (the translation is carried out online) at the current exchange rate of the Central Bank of the Russian Federation.
It is convenient to use an online currency converter before visiting a bank, as it allows the user to instantly recalculate money into foreign currency, as well as add additional currencies of interest in a comfortable environment.
All calculations are made by the currency calculator on the basis of official data of daily updated quotes of international currencies of the Central Bank of the Russian Federation and