Convert between major world currencies with approximate exchange rates.
ⓘ Rates are approximate reference rates. For live rates, check your bank.
A currency converter is an online tool that converts one currency to another using current or historical exchange rates. Whether you are planning international travel, sending money abroad, doing business globally, or tracking foreign investments, our free online currency converter gives you fast, accurate results for any currency pair, anywhere in the world.
Exchange rates represent how much of one currency you get for another. They fluctuate constantly based on supply and demand, inflation rates, interest rate differences between countries, political stability, and economic performance. The foreign exchange (forex) market is the world's largest financial market, with several trillion dollars traded daily across every major currency pair.
For international travel, avoid airport currency exchange counters — they typically charge some of the worst rates due to high markups and added fees. ATMs at your destination generally offer better rates than exchanging cash in advance. Travel-friendly debit or multi-currency cards that offer near mid-market rates are usually the most cost-effective option, and for larger transfers, online money transfer services generally beat traditional bank rates by a meaningful margin.
Some of the most frequently converted currency pairs worldwide include USD to EUR, USD to GBP, EUR to GBP, and pairs involving major regional currencies for trade, travel, and remittances. These conversions matter for international students, expatriates sending money home, businesses importing or exporting goods, and travelers budgeting for a trip abroad. Our converter supports all major world currencies, so you can convert between any pair you need.
Exchange rates fluctuate constantly based on a country's economic indicators, interest rates, political stability, trade balances, and overall market sentiment, meaning a rate checked in the morning can already be outdated by the afternoon during periods of high market volatility. Currency traders and international businesses often monitor rates continuously, while everyday travelers and shoppers typically just need a reasonably current rate for planning purposes rather than split-second precision.
It's important to distinguish between the mid-market rate (the real, midpoint exchange rate between two currencies) and the rate actually offered by banks, currency exchange kiosks, and payment processors, which almost always include a markup above the mid-market rate as their profit margin. This markup can range from under 1% at competitive services to 5% or more at airport currency exchange counters, making the effective cost of currency conversion highly dependent on where the exchange actually happens.
Airport currency kiosks consistently offer some of the worst exchange rates available, combining a wide markup above the mid-market rate with additional flat fees, capitalizing on travelers who need currency immediately and have limited alternatives. Exchanging currency through a bank, awell-reviewed online service, or simply using a no-foreign-transaction-fee card typically saves significantly compared to airport exchange counters, making it worth planning currency needs ahead of travel rather than relying on last-minute airport exchange.
Exchange rates fluctuate continuously during market hours. Our calculator uses rates that are updated regularly to provide accurate conversions.
Mid-market rate is the real exchange rate between currencies. Banks and services add a markup (spread) to this rate, which is the retail rate you pay.
Banks and money transfer services add fees and markups to the mid-market rate. Using a specialist service often gives better rates for international transfers.
Forex (foreign exchange) is the global market where currencies are traded. It is the largest financial market in the world with daily trading volume over $6 trillion.
