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💱 Currency Converter

Convert between 20+ major world currencies with reference exchange rates

🌍 Currency Conversion

Not for financial transactions. Use bank/Wise for exact rates.

📊 Conversion Result
Converted Amount
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Exchange Rate
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Inverse Rate
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Amount Comparison
Top Currency Equivalents

1 USD in major currencies

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Select Currencies

Choose your source and target currencies, enter an amount, and click Convert.

About Exchange Rates

Understanding Currency Exchange

Key concepts for international currency conversion

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What is an Exchange Rate?

An exchange rate is the price of one country's currency in terms of another. Rates fluctuate constantly based on trade flows, interest rates, inflation, and global economic conditions.

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Bid vs Ask Spread

Banks and money changers buy at the "bid" rate (lower) and sell at the "ask" rate (higher). The difference is the spread — their profit. Online transfers often offer rates closer to the mid-market rate.

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Best Ways to Convert

  • Wise/Remitly for international transfers
  • Avoid airport money changers (high spread)
  • Use no-forex-fee credit cards abroad
  • ATM withdrawals typically give bank rates
FAQ

Frequently Asked Questions

Common currency conversion questions

Are these exchange rates live/real-time?
Yes — rates are fetched live from the Frankfurter API, which sources data from the European Central Bank (ECB). Rates are cached for 1 hour to keep the page fast. The date shown next to the green dot reflects when ECB last published rates (weekdays only). For actual transactions, always confirm with your bank or a service like Wise/XE.
Why is the rate different from my bank?
Banks add a markup (spread) of 1–5% on the mid-market rate. The mid-market rate (also called interbank rate) is the midpoint between buy and sell prices. Banks, money changers, and forex services all add fees on top of this rate.
What is the cheapest way to send money internationally?
Services like Wise (TransferWise), Remitly, and Western Digital Money typically offer the best rates and lowest fees. They usually charge 0.3–1.5% above the mid-market rate, compared to 3–5% for traditional banks.
What does "base currency" mean?
The base currency is the first currency in a currency pair. For USD/INR = 83.5, USD is the base currency and INR is the quote currency. The rate shows how much of the quote currency you need to buy 1 unit of the base currency.

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