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Yes, you can accomplish this by creating a UPDATE VALUE condition
Once the users enters a value and selects the type of currency. This will be calculated and be placed in the result field.
Please let us know if this helps.
its very handy indeed EXCEPT that the decimal doesn't seem to work. It looks like it does but once saved the decimal disappears and then calculates as a whole number. Instead of 1.39 is uses 139
I was able to replicate mentioned issue when I created condition, on my demo form, 1.39 was changed to 139.
I was able to fix it by clicking on condition for that field and then changing value to 1.39.
Here is my demo form: https://form.jotform.com/53495837392974?
Feel free to clone it.
Hope this will help. Let us know if you need further assistance.