Is there a way to create parent class method, which invoked on subclass object returns another subclss object?

I'm coding a simple currency exchange app. I have parent class Currency which contains the method convertTo and 3 subclasses which represents some specific currencies. What I want to do is to make that convertTo method universal so I can invoke it on the subclass and return an object of another subclass.

My best idea is to use generics but while creating a method which should return generic type I encountered an error which says I couldn't initialize raw type directly. The question is how can I initialize this type in parent class method? Please note I did not provide the whole code, some methods are skipped

public class Currency implements CurrencyUnit { private CurrencyName name; private BigDecimal amount; private BigDecimal rate; private BigDecimal spread; public Currency() {} public Currency(BigDecimal amount) { if(BigDecimal.ZERO.compareTo(amount) > 0) { throw new IllegalArgumentException("Amount can't be negative."); } this.amount = amount.setScale(SCALE, ROUNDING_MODE); } //method that should return subclass object //currencyToConvert is Enum type public Currency convertTo(CurrencyName currencyToConvert) throws IOException { if (currencyToConvert.equals(this.getCurrencyName())) { throw new IllegalArgumentException("Can't convert to same currency."); } String currencyUrl = "https://api.exchangeratesapi.io/latest%s%s"; String baseCurrencyUrl = String.format(currencyUrl, "?base=", this.getCurrencyName().toString()); RatesAPI ratesAPI = new RatesAPI(baseCurrencyUrl); return new Currency(this.amount.multiply(ratesAPI.rateFromAPI(currencyToConvert.toString()))); } } //example of subclass (the other subclass for Dollar is basically the same only with currency name difference) public class Euro extends Currency implements CurrencyUnit { private final CurrencyName eur = CurrencyName.EUR; public Euro() {} public Euro(BigDecimal amount) { super(amount); } public Euro(BigDecimal amount, BigDecimal rate, BigDecimal spread) { super(amount, rate, spread); } @Override public CurrencyName getCurrencyName() { return eur; } //and the example of Main method public class Main { public static void main(String[] args) throws IOException { Currency eur = new Euro(BigDecimal.ONE); Currency usd = new Dollar(BigDecimal.ONE); System.out.println(eur); usd = eur.convertTo(CurrencyName.USD); System.out.println(usd); 

What I want to achieve is to invoke convertTo method on Euro class object so that method return e.g. Dollar class object. As I mentioned before the most elegant solutions for me seems to use generic types. When I created class Currency<T> and invoked method on e.g Dollar and as a method parameter, I used Currency<T> object I encountered exception created "Can't convert to same currency" which seems logical. I'm not looking for a direct answer to my question, just some guidance because those generics are quite complicated to me. I tried to search for the answer in web, in fact, I found this but it shows how to return object on which the method was invoked.