Currency Converter
Convert between major world currencies using standard reference rates.
How Currency Conversion Works
Currency conversion multiplies an amount in one currency by the exchange rate to get the equivalent in another. The exchange rate tells you how many units of the target currency you receive per unit of the source currency. For example, if the USD/EUR rate is 0.92, then $1,000 USD converts to €920. This converter supports 27 major world currencies including USD, EUR, GBP, JPY, CAD, AUD, CHF, CNY, INR, and more.
Important: The rates in this tool are approximate reference rates for estimation purposes. They are not live market rates. For financial transactions, international wire transfers, or significant purchases, always use your bank's or broker's current rate, which is updated in real time and reflects current market conditions.
Understanding Exchange Rates
Spot Rate vs. Mid-Market Rate
The mid-market rate (also called the interbank rate) is the midpoint between what buyers and sellers are willing to trade a currency for. It's the "true" exchange rate without any markup. Banks and currency exchanges add a spread on top of this rate — the difference between the rate they buy at and the rate they sell at — which is how they make a profit on currency transactions. The rates in this converter approximate the mid-market rate.
Why Bank Rates Differ
When you convert currency at a bank, airport kiosk, or travel card, you typically receive a rate that's 2–5% worse than the mid-market rate. For large transactions, this spread is significant. Specialist currency services and certain credit cards (with no foreign transaction fees) often offer rates much closer to the mid-market rate.
Currencies Covered by This Converter
This converter includes the world's most widely traded currency pairs: US Dollar (USD), Euro (EUR), British Pound (GBP), Japanese Yen (JPY), Australian Dollar (AUD), Canadian Dollar (CAD), Swiss Franc (CHF), Chinese Yuan (CNY), Indian Rupee (INR), Mexican Peso (MXN), Brazilian Real (BRL), South Korean Won (KRW), Singapore Dollar (SGD), Hong Kong Dollar (HKD), Norwegian Krone (NOK), Swedish Krona (SEK), Danish Krone (DKK), New Zealand Dollar (NZD), South African Rand (ZAR), UAE Dirham (AED), Saudi Riyal (SAR), Pakistani Rupee (PKR), Thai Baht (THB), Malaysian Ringgit (MYR), Indonesian Rupiah (IDR), Philippine Peso (PHP), and Turkish Lira (TRY).
Common Use Cases for Currency Conversion
- Travel planning: Estimate how much foreign currency you'll need before a trip, or budget your travel expenses in your home currency
- Online shopping: Check the approximate cost of overseas purchases before committing
- International money transfers: Get a rough estimate of how much the recipient will receive before sending
- Business invoicing: Estimate foreign currency amounts for quotes and proposals
- Investment research: Convert foreign stock prices or returns into your home currency for comparison