currency conversion
nounUK /ˈkʌrənsi kənˈvɜːʃn/
US /ˈkɜːrənsi kənˈvɜːrʒn/
Changing money from one country into money from another country.
Before our trip to Japan, we did a currency conversion at the bank.
RELATED WORDS
OTHER MEANINGS
2. The rate at which one currency is traded for another.
The currency conversion today is one dollar to ninety yen.
3. A calculation that changes an amount in one currency into its value in another.
She did a quick currency conversion to see how much the toy cost.
4. The process banks and apps use to swap currencies for customers.
The app handles currency conversion automatically when you pay abroad.