💱 Currency Converter
Convert between 151 world currencies instantly with live exchange rates.
Our free Currency Converter supports 151 world currencies — from the US Dollar and Euro to the Nigerian Naira and Mongolian Tugrik. Convert any amount between any two currencies with regularly updated exchange rates.
Major Currency Quick Reference
- USD (US Dollar): World reserve currency, used as baseline for most exchange rate quotes
- EUR (Euro): Used by 20 EU member states, second most traded currency globally
- GBP (British Pound Sterling): Oldest currency still in use, traditionally strong vs USD
- JPY (Japanese Yen): Third most traded globally, often used as a "safe haven" currency
- CNY (Chinese Yuan/Renminbi): World's second-largest economy currency, partially managed
- CAD (Canadian Dollar): Commodity currency closely correlated with oil prices
- AUD (Australian Dollar): Commodity currency influenced by mining and agriculture exports
- CHF (Swiss Franc): Traditional safe haven currency, historically stable
Understanding Exchange Rates
Exchange rates are quoted as the price of one currency in terms of another. EUR/USD = 1.08 means 1 Euro costs 1.08 US Dollars. Rates fluctuate continuously based on interest rates, inflation, economic data, and market sentiment.
The rate shown in our converter is the mid-market rate — the midpoint between the buy and sell prices. Banks and exchange services add a margin (typically 1–5%) on top of the mid-market rate. This is why the rate you get from a bank or exchange counter is always worse than the rate you see on a currency converter.
Getting the Best Exchange Rate
- Credit cards with no foreign transaction fees typically offer rates close to the mid-market rate (Chase Sapphire, Charles Schwab debit card). Best option for most international travelers.
- Bank ATMs in your destination country generally offer better rates than airport exchange counters. Use a bank-branded ATM rather than independent machines which often charge high fees.
- Airport currency exchange counters typically offer the worst rates — often 8–15% worse than mid-market. Avoid exchanging large amounts at airports.
- Wise (formerly TransferWise) offers close to mid-market rates for international money transfers, with transparent low fees.
Currency and Travel Planning
Use our converter before traveling to understand your purchasing power at the destination. If 1 USD = 130 JPY, a 1,000 yen lunch costs about $7.70. If 1 USD = 0.92 EUR, a €50 museum ticket costs about $54. Checking conversions in advance prevents budget surprises.
💱 Convert any amount between 151 currencies instantly — free, no signup.
Open Currency Converter →Frequently Asked Questions
How often are exchange rates updated?
Our rates are updated regularly throughout the day. For exact real-time rates for large financial transactions, always check with your bank or a financial services provider directly.
What is a mid-market rate?
The mid-market rate (also called the interbank rate) is the midpoint between the rates at which banks buy and sell currency. It's the "true" exchange rate you see on financial sites. Banks, exchange bureaus, and payment services add a markup on top of this rate to make their profit.
Why is the rate at my bank different from the converter?
Banks add a margin (typically 1–5% for retail customers) on top of the mid-market rate. A 3% margin on $1,000 means you lose $30 to the exchange rate alone. Using a no-foreign-transaction-fee card or a service like Wise significantly reduces this cost.