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Foreign exchange conversions is among the most cumbersome of tasks. But there are several site which make life easier for the forex manager. Among them is the site hosted by Bloomberg Financial Services at bloomberg.com/markets/currency.html.
The site offers a instant currency calculator for almost all currencies in the world. Therefore one can calculate within seconds, the exchange rate between the Indian rupee and Italian lira. The advantage this site has over other similar ones is that it has the widest choice of currencies. Thus even the exchange rate between the Bangladeshi taka and Gambia8217;s dalasi can be calculated.
For the more regular business transactions though, the site has spot rates of the top 11 currencies in the world.