Are these real-time rates?

Rates are recent but may not be live to the second. Foreign exchange rates fluctuate continuously during trading hours; for trading decisions, consult a real-time market data feed. For shopping and travel budgeting, the cached rate is close enough.

Why does my bank give me a different rate?

Banks add a spread (typically 1-4%) on top of the wholesale rate quoted here. They also may charge fixed fees. The combined cost is always more than the mid-market rate.

Are exchange rates the same everywhere?

No. Different providers and timing produce different actual rates. Banks, credit cards, ATMs, and money transfer services each have their own pricing.

What's a mid-market rate?

The average of the bid (rate at which you can sell) and ask (rate at which you can buy). Financial news quotes mid-market rates; actual transactions occur at bid or ask.

Are these rates good for trading?

No. For trading, use a real-time market data feed with bid/ask spreads. The converter is for informational purposes, not trading.

Conversion runs locally; rate data may come from a public API on first use, then is cached.

Can I convert any currency?

Major currencies are supported. Some emerging market or low-volume currencies may have unreliable rates or limited coverage.

Why are weekend rates the same as Friday close?

Most foreign exchange markets close over the weekend. Quotes shown over the weekend reflect the last Friday close until trading resumes Monday.

Free Converter

Currency Converter

Convert between world currencies with live exchange rates. Updated regularly.

Loading rates...

About Currency Conversion

Currency conversion translates an amount from one currency to another using the current exchange rate. Exchange rates fluctuate continuously based on supply and demand, central bank actions, economic data releases, and capital flows. Quoted rates change every few seconds during trading hours; weekend rates are typically Friday closes since most foreign exchange markets close over the weekend.

This converter uses recent published exchange rates to compute conversions between major currencies. Output is informational — actual rates received from banks or payment processors include spreads (typically 1-4% above the wholesale rate) plus possibly fixed conversion fees. The wholesale rate quoted here is the floor below which currency exchange would not be profitable.

Conversion happens in your browser using stored rate data. Live updates require a network call to a rate provider; cached data may be hours or days old. For decisions involving real money, confirm against your bank or payment processor's actual conversion rate.

Why Convert Currencies

Travel planning, international shopping, and cross-border invoicing all need currency conversion. Knowing approximately how much $100 buys in euros, pounds, or yen helps with budgeting, comparison shopping, and pricing decisions before reaching the actual transaction.

Quick conversions also help interpret international news. A $50 billion deal might sound smaller in pounds; a 1.2 trillion yen budget might sound larger in dollars. Converting to a familiar currency makes magnitudes intuitive.

How to Convert Currency

Pick currencies, enter amount.

Choose source currency: Pick the currency you have. The converter supports major world currencies — USD, EUR, GBP, JPY, AUD, CAD, CHF, CNY, INR, and dozens of others.
Choose target currency: Pick the currency you want the value in.
Enter the amount: Type the value to convert. Decimal values work; commas are interpreted as thousands separators.
Read the converted value: The converter applies the current rate and shows the equivalent amount in the target currency. Real-world conversions through a bank typically yield slightly less due to spread.

Common Use Cases

Budgeting for international travel — Estimating what your spending budget converts to in the destination currency helps with daily allocation and comparison.
Comparing prices for cross-border shopping — Online stores often quote in multiple currencies. Converting to your home currency clarifies which offer is actually cheaper.
Pricing for international clients — Freelancers invoicing in foreign currency need to know what gross amount produces target net in their home currency.
Interpreting financial news — Quickly converting figures from news in foreign currencies makes the amounts easier to compare against familiar baselines.
Tracking foreign investments — Stocks, bonds, and accounts denominated in foreign currency need to be converted to home currency for accurate performance tracking.

Technical Details

Exchange rates are typically quoted as a pair like USD/EUR = 0.92, meaning 1 USD buys 0.92 EUR. Conversion math is direct multiplication: 100 USD × 0.92 = 92 EUR. The inverse rate (EUR/USD) is the reciprocal of the direct rate.

Cross-rates between non-USD pairs are typically computed via USD as a pivot: GBP/JPY = (GBP/USD) × (USD/JPY). This produces the same result as a direct quote and is how most rate providers structure their data.

Real exchange rates include a spread between the bid (rate you sell at) and ask (rate you buy at). Typical retail spreads at banks are 1-4% above the wholesale midpoint; specialty foreign exchange services often offer tighter spreads of 0.3-1%.

Best Practices

Use mid-market rates as a baseline — Mid-market rates (the average of bid and ask) are what financial news quotes. Real conversions cost more due to spread; use mid-market as the floor.
Compare actual conversion rates before transacting — Banks, credit cards, and money transfer services charge different rates. For large amounts, the difference between providers can be hundreds of dollars.
Watch for hidden fees — Some providers offer attractive rates but charge fixed fees per transaction; others have higher rates but no fees. Total cost depends on amount.
Avoid airport currency exchange — Airport currency exchange typically has the worst rates and highest fees. Order ahead, withdraw from local ATMs, or use a low-fee credit card instead.

Frequently Asked Questions

Are these real-time rates?: Rates are recent but may not be live to the second. Foreign exchange rates fluctuate continuously during trading hours; for trading decisions, consult a real-time market data feed. For shopping and travel budgeting, the cached rate is close enough.
Why does my bank give me a different rate?: Banks add a spread (typically 1-4%) on top of the wholesale rate quoted here. They also may charge fixed fees. The combined cost is always more than the mid-market rate.
Are exchange rates the same everywhere?: No. Different providers and timing produce different actual rates. Banks, credit cards, ATMs, and money transfer services each have their own pricing.
What's a mid-market rate?: The average of the bid (rate at which you can sell) and ask (rate at which you can buy). Financial news quotes mid-market rates; actual transactions occur at bid or ask.
Are these rates good for trading?: No. For trading, use a real-time market data feed with bid/ask spreads. The converter is for informational purposes, not trading.
Is my data uploaded?: Conversion runs locally; rate data may come from a public API on first use, then is cached.
Can I convert any currency?: Major currencies are supported. Some emerging market or low-volume currencies may have unreliable rates or limited coverage.
Why are weekend rates the same as Friday close?: Most foreign exchange markets close over the weekend. Quotes shown over the weekend reflect the last Friday close until trading resumes Monday.

Currency Converter

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About Currency Conversion

Why Convert Currencies

How to Convert Currency

Common Use Cases

Technical Details

Best Practices

Frequently Asked Questions

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