Can a currency conversion calculator predict exchange rates?
Could you elaborate on the capabilities of a currency conversion calculator and its potential to accurately predict future exchange rates? Does it rely solely on historical data or does it incorporate advanced forecasting models? Is it possible for such a tool to account for market volatility and geopolitical events that could significantly impact currency values? What are the limitations of using a currency conversion calculator for predicting exchange rates, and what alternative methods might be more reliable for forecasting currency movements?