Real-time exchange rates for 20+ major currencies. Fast, free, and accurate.
Convert any amount between major world currencies with live exchange rates
Real-time exchange rates updated daily from European Central Bank data. Rates are for informational purposes only.
Currency exchange rates represent the value of one country's currency relative to another. They fluctuate constantly based on economic factors, interest rates, inflation, political stability, and market sentiment.
An exchange rate tells you how much of one currency you can buy with another. For example, if EUR/USD is 1.0950, that means 1 Euro can buy 1.0950 US Dollars. When the rate increases, the base currency (EUR) is strengthening against the quote currency (USD).
Travel Planning: Before traveling internationally, check exchange rates to budget effectively. Our converter helps you understand how much your home currency is worth abroad.
Online Shopping: When buying from international websites, convert the price to your home currency to understand the true cost including potential foreign transaction fees.
Forex Trading: Currency traders use exchange rates to profit from fluctuations. Understanding pip values (use our pip calculator) is essential for risk management.
International Business: Companies dealing with foreign suppliers or customers need accurate exchange rates for pricing and profit calculation.
When you see exchange rates quoted, you'll often see two prices: the bid (sell) and ask (buy). The bid is what you'll get when selling a currency, while the ask is what you pay when buying. The difference is the spread, which is how currency providers make money.
For example, EUR/USD might be quoted as 1.0945 (bid) / 1.0948 (ask). If you buy euros, you pay the ask price. If you sell euros, you receive the bid price.
Our currency converter uses the Frankfurter API, which provides daily updates from the European Central Bank. Rates are typically updated once per business day.
Exchange rates change constantly due to supply and demand in the global forex market. Factors include interest rate changes, economic data releases, political events, and market sentiment.
EUR/USD (Euro/US Dollar) is the most traded currency pair, accounting for about 25% of all daily forex trading volume. USD/JPY and GBP/USD are the next most popular.
This converter is designed for fiat currencies only. For cryptocurrency conversions, please use a dedicated crypto exchange or converter.
Banks add a markup (spread) to exchange rates to make a profit. Online rates like ours show interbank rates, which are wholesale rates available to large financial institutions, not retail customers.
To convert from Currency A to Currency B, divide the amount by the exchange rate if A is the base currency. For example, to convert $100 USD to EUR at 1.0950, calculate: 100 ÷ 1.0950 = 91.32 EUR.