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In this paper, we propose and demonstrate a cost-effective wavelength converter utilising a highly nonlinear fibre (HNLF) and a tunable dual-wavelength fibre laser as the pump source. The proposed system uses only the pump source and a signal probe to generate a partially degenerate four-wave mixing (FWM) effect. An FWM conversion efficiency of -12 dB is obtained at pump and signal powers at +13.3 dBm and +5 dBm, respectively, and it is predicted that a higher conversion efficiency is possible if a high power dual-wavelength fibre laser source is used. [ABSTRACT FROM AUTHOR]