RTRP 12 Doc
RTRP 12 Doc
ON
REAL-TIME CURRENCY CONVERTER
Submitted to
Sri Indu College of Engineering and Technology, Hyderabad
in partial fulfillment of the requirements for the award of
degree of
BACHELOR OF TECHNOLOGY
In
INFORMATION TECHNOLOGY
Submitted
By
P.BRAHMAM (23D41A1247)
S.BHARGAV (23D41A1255)
SRIMAN (23D41A1260)
B.VIKAS
(24D45A1201)
Under the esteemed guidance
Of
Mrs.PRIYANKA
CERTIFICATE
Certified that the Mini project entitled “REAL-TIME CURRENCY CONVERTER " is a Bonafide
work carried out by P.BRAHMAM (23D41A1247), S. BHARGAV (23D41A1255),SRIMAN
(23D41A1260), B.VIKAS (24D45A1201) in partial fulfillment for the award of Bachelor of
Technology in SICET, Hyderabad for the academic year 2024-2025.1he project has been approved
as it satisfies academic requirements in respect of the work prescribed for II YEAR, II-
SEMESTER of B. TECH course.
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ACKNOWLEDGEMENT
With great pleasure we want to take this opportunity to express our heartfelt gratitude to all
people who helped in making this project work a success. We thank the almighty for giving us the
courage & preseverance in completing the project.
We are thankful to Principal Prof. Dr. G. Suresh, for giving us the permission to carry out
this project and for providing necessary infrastructure and labs.
We are grateful to our internal project guide, Mrs.PRIYANKA, for her constant motivation
and guidance given by her during the execution of this project work.
We would like to thank the teaching & non- teaching staff of department of Information
Technology for sharing their knowledge with us.
Last but not the least we express our sincere thanks to everyone who helped directly or
indirectly for the completion of this project.
P.BRAHMAM (23D41A1247)
S.BHARGAV
(23D41A1255)
SRIMAN
(23D41A1260)
B.VIKAS
(24D45A1201)
3
ABSTRACT
The Real-Time Currency Converter is a web-based application designed
to provide instant and accurate currency conversion between multiple
international currencies. With globalization and the increasing need for
cross-border financial transactions, this tool enables users to obtain up-
to-date exchange rates sourced from reliable APIs. The system retrieves
current rates from online financial data providers and performs precise
conversions based on user inputs. It supports a wide range of currencies,
offering an intuitive user interface for effortless use. This project not
only simplifies currency exchange for travelers, traders, and businesses
but also demonstrates the integration of real-time data handling, API
consumption, and responsive web design. The solution is scalable,
adaptable for mobile and desktop platforms, and emphasizes accuracy,
speed, and user experience. In today's fast-paced digital economy,
currency conversion is a fundamental requirement for various sectors
such as e-commerce, travel, international finance, and freelance
marketplaces. Traditional methods of currency conversion are either
time-consuming or outdated, and often lack real-time accuracy. This
project addresses those gaps by implementing a real-time currency
converter that uses live exchange rate data to ensure accuracy and
efficiency.
The system leverages API integration (e.g., from Open Exchange Rates,
Forex, or other financial data providers) to fetch the most recent rates
and perform calculations instantly. Users can select their source and
target currencies, input the amount, and get the equivalent value
instantly. The application also features an easy-to-navigate interface
with dropdowns and error handling for invalid entries.
A key feature of this project is its scalability and responsiveness,
making it suitable for both desktop and mobile devices. It also lays the
groundwork for potential enhancements, such as historical rate tracking,
conversion charts, multi-currency support, and offline functionality using
cached rates.
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CONTENTS
1. INTRODUCTION
2. SYSTEM ANALYSIS
1. EXISTING SYSTEM
2. PROPOSED SYSTEM
3. SYSTEM REQUIREMENTS
1. HARDWARE REQUIREMENTS
2. SOFTWARE REQUIREMENTS
4. SYSTEM DESIGN
1. SYSTEM ARCHITECTURE
3. UML DIAGRAM
5. CLASS DIAGRAM
6. SEQUENCE DIAGRAM
7. ACTIVITY DIAGRAM
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5. SYSTEM STUDY
1. FEASIBILITY STUDY
1. ECONOMICAL FEASIBILITY
2. TECHNICAL FEASIBILITY
3. OPERATIONAL FEASIBILITY
6. SYSTEM TESTING
1. TYPES OF TESTING
1. FUNTIONAL TESTING
2. PERFORMANCE TESTING
3. SECURITY TESTING
4. SYSTEM TESTING
2. INTIGRATION TESTING
3. REGRATION TESTING
7. SYSTEM IMPLEMENTATION
1. MODULES
2. SOURCE CODE
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8. SOFTWARE ENVIRONMENT
1. PYTHON
TECHNOLOGY
2. PYTHON PLATFORM
9. LITERATURE SURVEY
11. SCREENSHOT
12. CONCLUSION
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1. INTRODUCTION
In the modern digital economy, international trade, travel, and remote
work have led to an increasing need for real-time currency conversion
tools. Whether it's an online shopper buying goods from a foreign
website, a traveler budgeting their expenses abroad, or a business
calculating international payments, accurate and instant currency
conversions are essential.
A Real-Time Currency Converter is a software tool that allows users to
convert amounts between different currencies based on the latest
exchange rates. Unlike traditional methods, which rely on outdated or
manually updated data, this system fetches live rates from trusted
financial data providers using APIs. This ensures users receive up-to-
date, accurate conversions with minimal effort and time.
The converter is implemented using Python, known for its versatility
and powerful libraries for data handling, API integration, and user
interface development. The application is lightweight and easy to use,
making it accessible across multiple platforms. The system allows the
user to select a base currency, a target currency, and an amount to
convert. After the user initiates the process, the application retrieves the
current exchange rate through an API call, performs the calculation, and
displays the result in real time.
Some key motivations behind building this project include:
• Accuracy: Using real-time exchange rates eliminates discrepancies
caused by static or outdated conversion values.
• Speed: API-based data retrieval allows quick responses, improving
user experience.
• Automation: Eliminates manual calculation and lookup errors.
• Scalability: The system can be expanded to include features like
historical data, graphs, offline conversion (using cached data), or mobile
integration.
This project not only serves practical user needs but also demonstrates
real-world implementation of concepts like RESTful APIs, error
handling, user input validation, and structured software design.
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2. SYSTEM ANALYSIS
1. EXISTING SYSTEM
•XE Currency Converter provides real-time exchange rates and
historical data, supporting 180+ currencies.
•Google Currency Converter offers instant conversion through search,
pulling live data from trusted sources.
•OANDA delivers real-time and historical exchange rates, along with
features like currency alerts and charts.
•TransferWise (Wise) and Revolut offer live exchange rates for
international transactions, with low fees and no hidden costs, while
Revolut also supports multi-currency wallets.
DISADVANTAGES OF EXISTING SYSTEM
Static converters do not provide live exchange rate updates,leading
to inaccurate result.
Users have to manually check exchange rates from financial
websites before convertion.
Lack of real-time response and automation makes the system
inefficient for regular or professional use.
Existing systems may not support a wide variety of currencies or
dynamic currency pairings.
2PROPOSED SYSTEM
The proposed system is a Real-Time Currency Converter that uses
an API to retrieve the latest exchange rates from the internet.
It allows users to input the source currency, target currency, and
amount for conversion.
Once the data is entered, the system fetches the real-time rate and
calculates the equivalent value instantly.
The interface is user-friendly, and the system handles errors
gracefully, such as invalid currency codes or network failures.
It supports a wide range of global currencies and is designed to be
responsive across devices.
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1. ADVANTAGES OF PROPOSED SYSTEM
➢ Language: Python
➢ Libraries: requests,
tkinter/Flask (for GUI),
matplotlib (optional)
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4. SYSTEM DESIGN
1. SYSTEM ARCHITECTURE
Fig:4.1.System Model
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Fig: 4.2(a) user data flow diagram
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4.3. UML DIAGRAMS
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GOAL:
The primary goal of the Real-Time Currency Converter project
is to design and develop a responsive, accurate, and user-friendly
application that allows users to convert currencies based on live
exchange rates. This system aims to eliminate the limitations of
manual and outdated currency conversion methods by integrating
real-time data retrieval through external APIs.
The converter is built to serve users such as travelers, online
shoppers, businesses, and financial professionals who require
quick and accurate currency conversions. By using real-time
exchange rate data, the system enhances decision-making and
reduces financial risks caused by fluctuating currency values.
This project also aims to demonstrate key software engineering
principles such as modular design, API integration, data
validation, exception handling, and user interface design. It
emphasizes simplicity, efficiency, and scalability, allowing
future integration with additional features like historical rate
tracking, graphical analysis, or offline usage through cached
data.
In essence, the goal is to create a reliable tool that simplifies global
currency exchange, supports financial transparency, and enhances
the user experience through automation and real-time accuracy.
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4.4. USE CASE DIAGRAM
The use case diagram for the Real-Time Currency Converter outlines the
primary interactions between the user and the system. The main actor in
the system is the user, who initiates currency conversion by selecting a
source currency, a target currency, and entering the amount to be
converted. Once the required inputs are provided, the user triggers the
conversion process. The system then internally fetches real-time exchange
rates from an external API, performs the currency conversion calculation,
and displays the converted amount along with the exchange rate used. If
any invalid input is detected—such as unsupported currency codes—or if
there is an API failure, the system handles the error gracefully and notifies
the user with an appropriate message. Additionally, the user has the option
to reset or clear the inputs and perform a new conversion. This use case
structure ensures that the system is interactive, user-friendly, and capable
of handling real-time data and errors effectively.
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4.5. CLASS DIAGRAM
The class diagram represents the main components of the system and
their interactions. The class diagram represents the main components of the
system and their interactions.
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4.6. SEQUENCE DIAGRAM
The sequence diagram shows how the system components interact
during a currency conversion. The user inputs the source currency, target
currency, and amount through the userinterface. This data is sent to the
currencyconverter, which requests the current exchange rate from the
APIHandler. If an error occurs, such as an invalid input or API failure, an
appropriate message is shown to the user. This sequence ensures smooth
and real-time processing from input to output.
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4.7. ACTIVITY DIAGRAM
The activity diagram outlines the flow of actions involved in the currency
conversion process from start to finish. It begins with the user launching
the application and entering the required inputs: source currency, target
currency, and the amount to be converted. The system then validates these
inputs to ensure they are in the correct format. If the inputs are invalid, an
error message is shown and the user is prompted to re-enter the values. If
valid, the system proceeds to connect with a third-party API to fetch the
real-time exchange rate. Upon receiving the exchange rate, the application
calculates the converted amount by multiplying it with the input amount.
The result is then displayed to the user along with the current exchange
rate. At any point, the user may choose to reset the input fields and
perform a new conversion. The diagram also includes alternate flows to
handle errors such as API failures or network issues, ensuring smooth user
experience and proper exception handling. This structured activity flow
highlights the logical steps and decision-making involved in providing
real-time currency conversion.
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5. SYSTEM STUDY
1. FEASIBILITY STUDY
ECONOMICAL FEASIBILITY
TECHNICAL FEASIBILITY
OPERATIONAL FEASIBILITY
1. ECONOMICAL FEASIBILITY
This project is cost-effective as it uses free and open-source tools such as Python, Jupyter
Notebook, and publicly accessible currency exchange APIs. Hardware requirements are basic and no
licensing fees are involved. The overall benefit of providing real-time and accurate currency
conversions justifies the minimal development cost.
2. TECHNICAL FEASIBILITY
The application is built with Python and uses modules like forex-
python,requests,and tkinter. It is compatible with Windows, Linux, and Mac platforms.
All required technologies are widely supported, well-documented, and suitable for both
academic and small-scale real-world use.
3. OPERATIONAL FEASIBILITY
The system has a simple, user-friendly interface, making it accessible even to
non-technical users. It automates conversion tasks, reduces manual calculation errors,
and is easy to maintain. With minimal training, users can operate the tool effectively.
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6. SYSTEM TESTING
The purpose of testing is to discover errors. Testing is the process of trying to discover
every conceivable fault or weakness in a work product. It provides a way to check the functionality
of components, sub-assemblies, assemblies and/or a finished product It is the process of
exercising
software with the intent of ensuring that the
System testing ensures that the complete and integrated fraud detection system works as
intended. Below are the key types of testing involved:
1. TYPES OF TESTS
1. FUNCTIONAL TESTING
Verifies that each feature of the system works as expected.
Test cases include:
Correct amount is converted based on selected currencies.
Real-time data is fetched from the API.
Application handles invalid or empty inputs properly.
Conversion result is accurately displayed in the GUI.
2. PERFORMANCE TESTING
Measures how the system performs under various conditions.
Key aspects tested:
Response time of API calls.
System behavior under repeated usage.
GUI responsiveness during user interaction.
3. SECURITY TESTING
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6.1.4. SYSTEM TESTING
System testing ensures that the entire integrated software system meets
requirements. It tests a configuration to ensure known and predictable results. An
example of system testing is the configurationoriented system integration test.
System testing is based on process descriptions and flows, emphasizing predriven
process links and integration points.\,
2. INTEGRATION TESTING
Tests how different components (e.g., GUI, API, conversion logic) work
together.
Confirms that:
The GUI correctly sends data to the conversion module.
The API successfully returns data to the application.
Results are passed back and displayed without loss or error.
3. REGRESSION TESTING
Performed after updates or code changes to ensure existing features still work
correctly.
The test strategy outlines the high-level plan for testing the Real Time
Currency Converter System to ensure reliability, accuracy, and performance. It
includes testing objectives, methods, tools, and responsibilities.
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Test objectives
The primary objective of testing the Real-Time Currency Converter is to
ensure that the system performs all required functions accurately and
reliably. The testing process aims to verify that currency conversions are
performed correctly using real-time exchange rat es obtained from the API.
It is also intended to validate the accuracy of the output by comparing the
system’s conversion results with known expected values. The system
should handle valid and invalid inputs gracefully, displaying appropriate
messages to the user in case of errors.
Another key objective is to test the performance of the application,
particularly its speed in fetching data from the API and its responsiveness
during user interactions. Testing will also confirm that all components of
the application—such as the user interface, API module, and conversion
logic—are properly integrated and work seamlessly together.
Additionally, testing helps identify any bugs or defects in the system early
in the development cycle so they can be fixed before the system is
deployed. Finally, testing ensures that the user interface is intuitive, user-
friendly, and provides a smooth and error-free experience.
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7. SYSTEM IMPLEMENTATION
1. MODULES
2. SOURCE CODE
# Import necessary libraries
currency = CurrencyRates()
def convert_currency():
try:
# Perform conversion
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# Display result
label_result.config(text=f"{amount} {from_curr} = {result:.2f} {to_curr}")
# Title
title_label = tk.Label(root, text="Currency Converter", font=("Arial", 16, "bold"),
bg="#f0f0f0")
title_label.pack(pady=10)
# Amount Entry
frame_amount = tk.Frame(root, bg="#f0f0f0")
frame_amount.pack(pady=5)
tk.Label(frame_amount, text="Amount:", bg="#f0f0f0", font=("Arial",
12)).pack(side=tk.LEFT, padx=5)
entry_amount = tk.Entry(frame_amount, width=15, font=("Arial", 12))
entry_amount.pack(side=tk.LEFT)
# Source Currency
frame_from = tk.Frame(root, bg="#f0f0f0")
frame_from.pack(pady=5)
tk.Label(frame_from, text="From:", bg="#f0f0f0", font=("Arial",
12)).pack(side=tk.LEFT, padx=5)
combo_from = ttk.Combobox(frame_from, width=10, font=("Arial", 12))
combo_from.pack(side=tk.LEFT) 24
combo_from['values'] = ['USD', 'INR', 'EUR', 'GBP', 'AUD', 'CAD', 'JPY', 'CNY']
# Target Currency
frame_to = tk.Frame(root, bg="#f0f0f0")
frame_to.pack(pady=5)
tk.Label(frame_to, text="To:", bg="#f0f0f0", font=("Arial",
12)).pack(side=tk.LEFT, padx=5)
combo_to = ttk.Combobox(frame_to, width=10,
font=("Arial", 12))
combo_to.pack(side=tk.LEFT)
combo_to['values'] = ['USD', 'INR', 'EUR', 'GBP', 'AUD',
'CAD', 'JPY', 'CNY']
# Convert Button
btn_convert = tk.Button(root, text="Convert",
command=convert_currency, bg="#4caf50", fg="white",
font=("Arial", 12, "bold"))
btn_convert.pack(pady=10)
# Result Display
label_result = tk.Label(root, text="", font=("Arial", 14),
bg="#f0f0f0", fg="#333")
label_result.pack(pady=10)
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8. SOFTWARE ENVIRONMENT
1. PYTHON TECHNOLOGY
Python technology is both a programming language and a platform.
Real time currency converter using Python follows a slightly different execution model.
Python is an interpreted language, meaning the code is executed line-by-line at runtime. This allows
rapid development and debugging, which is highly beneficial in data science workflows.
Additionally, Python leverages powerful machine learning libraries like Scikit-learn and
TensorFlow, where model training involves compiling internal computation graphs (in TensorFlow)
before runtime, somewhat analogous to Java's compilation of bytecode.
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You can think of Python source code as instructions that are interpreted by the Python Interpreter.
Every Python interpreter, whether it’s CPython, PyPy, or Jython, reads and executes Python code line by line.
Python uses a “write once, run anywhere” philosophy in a different way—by relying on the interpreter
to handle platform differences.When you write a Python program (.py file), the interpreter converts
the code into bytecode, which is a lower-level, platform-independent representation. This bytecode is then
executed by the Python Virtual Machine (PVM), which is part of the interpreter.This means that as long
as a computer has a compatible Python interpreter installed, the sam e .py file can run on Windows,
macOS, Linux, or any other system that supports Python—no need for recompilation.
The Python interpreter is the core engine that reads and executes Python code. It converts the
high-level Python instructions into machine-level code that the computer can understand. There are
different implementations of the Python interpreter, such as CPython (the default), PyPy, and
Jython.
The Python Standard Library is a rich collection of modules and packages that provide
ready- made functionality for a wide range of tasks. It includes modules for file I/O, system calls,
sockets, web services, and even GUI development. These libraries help developers build powerful
applications without reinventing the wheel.
The Python platform is a software-only platform that sits on top of various hardware-based
systems, making it a versatile and widely used programming environment.
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Fig: 8.2(a) Python platform
Native code is code that after you compile it, the compiled code runs on a specific hardware
platform. As a platform-independent environment, the Java platform can be a bit slower than native
code. However, smart compilers, well-tuned interpreters, and just-in-time byte code compilers can
bring performance close to that of native code without threatening portability
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9.LITERATURE SURVEY
The input design defines how data enters the system. In a real-time currency
converter
system, inputs typically include:
Source Currency: The currency from which the amount is to be converted (e.g., USD).
Target Currency: The currency to which the amount is to be converted (e.g., EUR).
Conversion Request: Trigger action (e.g., button click) to start the conversion.
Base Currency Code: Currency code (e.g., "USD") used as the base for exchange
rates.
Symbols (Target Currency): Currency codes for which the rates are required.
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OUTPUT DESIGN
The output design defines what the system returns after processing inputs.
Converted Amount: The equivalent value in the target currency (e.g., “100
USD = 92.5 EUR”).
Exchange Rate Used: The current exchange rate used for the conversion (e.g., “1 USD
=
0.925 EUR”).
B. User/System Response
Error Message: Displayed if input is invalid or API request fails (e.g., "Invalid
Currency Code" or "API Connection Failed").
updated Rate Timestamp: Shows when the latest exchange rate was retrieved.
Currency Symbol: The currency symbol next to the converted value (€, $, ¥, etc.)
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Outputs:-
11. SCREENSHOTS
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12. CONCLUSION
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