SIN4: Currency Converter Systems

MOHAMAD RAHIMI BIN MOHAMAD ROSMAN UiTM Machang

MSC2024 | Startup Innovation

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A currency converter is a tool or service that allows users to convert the value of one currency into another. It uses current exchange rates to provide accurate conversions between different currencies. It enables precise conversions between several currencies by utilizing the current exchange rates. In a global economy, currency convertibility is vital for international trade and finance. Inconvertible currencies present significant obstacles to international investment, trade, and tourism. However, one of the risks associated with foreign trade is the uncertainty of future exchange rates. The two currencies’ relative values may fluctuate between the time the transaction is signed and the payment is made. To handle these problems, we will provide the systems that can give a solution for currency risk management. It designed to perform all financial computations for the user, providing them with the recent exchange rate and eliminating any possibility of errors.