Reviewed by: David Chen, CFA
David Chen is a Certified Financial Analyst with over 10 years of experience in financial analysis and investments.
David Chen is a Certified Financial Analyst with over 10 years of experience in financial analysis and investments.
Enter the necessary values to calculate the Annual Percentage Yield (APY) to Annual Percentage Rate (APR). This calculator helps you convert between these two important rates used in finance.
APY to APR Calculator
APY to APR Formula
APR = (1 + APY)^(1/n) – 1
Formula Source: Investopedia
- APY: The annual percentage yield is the annual rate of return earned on an investment.
- n: The number of periods per year (e.g., 12 for monthly, 365 for daily).
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What is APY to APR?
APY to APR conversion is necessary to compare interest rates for investments and loans that use different calculation methods. APY includes the effect of compound interest, while APR is typically simpler and does not take compounding into account.
How to Calculate APY to APR (Example)
- Step 1: Enter your APY value in the provided field.
- Step 2: Input the number of periods in the year (e.g., 12 for monthly).
- Step 3: Click “Calculate” to find the equivalent APR.