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Currency converter and transfer fee calculator documentation
Inputs, formulas, assumptions and API/MCP examples for the currency converter and transfer fee calculator. Reproduce a calculation and cite its sources.
Content updated . Assumptions reviewed .
Formula and assumptions
Received = (amount − deducted fee) × quoted rate. Effective rate = received ÷ total source cost. Cost = total cost − received ÷ reference rate.
- Rates are target units per one source unit and are indicative, not executable transaction quotes.
- All fees are entered by you in the source currency. No provider fee tables or guarantees are used.
Assumptions reviewed:
Sources
- KlarFort calculation methodology. Free to use with the credit line; vintage 1.
Parameters
| Name | Description | Type | Default | Minimum | Maximum |
|---|---|---|---|---|---|
| fromCurrency | From currency | string | "USD" | ||
| toCurrency | To currency | string | "AED" | ||
| amount | Transfer amount | number | 1000 | 0 | 1,000,000,000,000 |
| midMarketRate | Target currency units per one source currency unit; indicative only. | number | 3.6725 | 0.000000001 | 1,000,000,000 |
| quotedRate | Target currency units per one source currency unit. | number | 3.65 | 0.000000001 | 1,000,000,000 |
| fee | Transfer fee in source currency | number | 5 | 0 | 1,000,000,000,000 |
| feeMode | Deducted: fee comes out of the entered amount. Added: fee is paid on top. | string | "deducted" |
JSON API
GET accepts one input parameter containing URL-encoded JSON. POST sends the JSON input object. Prefer POST for personal figures. Inputs are limited to 16 KiB. POST results are not stored; GET results may be cached for up to 24 hours.
curl -X POST https://klarfort.com/tools/api/v1/currency-converter -H "Content-Type: application/json" --data '{"fromCurrency":"USD","toCurrency":"AED","amount":1000,"midMarketRate":3.6725,"quotedRate":3.65,"fee":5,"feeMode":"deducted"}'fetch("https://klarfort.com/tools/api/v1/currency-converter", {method:"POST", headers:{"Content-Type":"application/json"}, body:JSON.stringify({"fromCurrency":"USD","toCurrency":"AED","amount":1000,"midMarketRate":3.6725,"quotedRate":3.65,"fee":5,"feeMode":"deducted"})})import json, urllib.request
request = urllib.request.Request("https://klarfort.com/tools/api/v1/currency-converter", data=json.dumps({"fromCurrency":"USD","toCurrency":"AED","amount":1000,"midMarketRate":3.6725,"quotedRate":3.65,"fee":5,"feeMode":"deducted"}).encode(), headers={"Content-Type":"application/json"})
print(urllib.request.urlopen(request).read().decode())Connected assistants
Connect using https://klarfort.com/tools/mcp. Discover this calculator with tools/list, then call currency-converter. Protocol versions 2026-07-28 and 2025-11-25 are supported. Modern requests carry protocol metadata and matching HTTP headers. Set Mcp-Name to params.name for tools/call and to params.uri for resources/read. Older clients initialize first.
Limits: 120 requests per minute per address and approximately 3,000 per minute per edge location. Simulations are capped at 1,000 paths, 600 months and 150,000 path-months (paths multiplied by months). Shorten the duration or reduce paths when that work limit is exceeded. A limit response returns 429 and Retry-After. No exact remaining-request count is available.
Usage and credit
Free for personal, commercial and any other lawful use with credit to KlarFort at https://klarfort.com/. Third-party data terms still apply.
Place a visible credit near the reused material or in the credits for your work or integration. One clear credit per work or integration is sufficient; no separate credit per API request is required. Links to individual calculators are optional.
Computed with KlarFort Calculators, https://klarfort.com/
The API returns this text in credit and the homepage in credit_url. The optional citation_url identifies the calculator for reference. See usage and credit for the full permission.
KlarFort is not financial, investment, tax, or legal advice. Verify outputs before making material decisions.