Currency Converter
Convert between 20 major currencies with live exchange rates updated every hour.
Exchange rates move every second of every trading day, and the difference between the rate you see online and the rate you actually get can quietly cost you real money on travel, online shopping, freelance invoices, and international transfers. This converter uses live reference rates for more than twenty major currencies, updated hourly, so you can check the current mid-market value of any amount in seconds.
Whether you are budgeting a trip abroad, pricing a product for an overseas customer, or simply sanity-checking what a foreign-currency charge should have cost, the converter gives you a clean, ad-free answer. It is built around the mid-market rate — the midpoint between what buyers and sellers are willing to pay — which is the fairest benchmark and the number banks and apps mark up against. Knowing the true rate is the first step to spotting when a provider is charging you too much.
Plug in some numbers —
we'll crunch.
How to use
- 1Enter the amount you want to convert.
- 2Select the source currency.
- 3Select the target currency.
- 4Click Calculate — live rates are fetched automatically.
How it works
Currency conversion is straightforward arithmetic: amount × exchange rate. The subtlety is which rate you use. The mid-market (or interbank) rate is the real, unbiased exchange rate at a given moment — the one you see on financial news. Banks, airport kiosks, and card networks add a margin on top of it, which is how they make money on the spread even when they advertise "no commission".
Rates between two non-USD currencies are usually computed by cross-rate: each currency is priced against the US dollar, and dividing one by the other gives the pair. For example, if 1 USD = 0.92 EUR and 1 USD = 0.79 GBP, then 1 EUR = 0.79 ÷ 0.92 ≈ 0.86 GBP. This converter pulls fresh USD-based rates and computes any pair you ask for the same way.
Worked examples
Budgeting a trip to Europe
You have $2,000 to spend and want to know your euro budget at a rate of 1 USD = 0.92 EUR.
- Multiply your dollars by the rate: 2,000 × 0.92 = €1,840.
- Now subtract a typical card markup of ~3%: €1,840 × 0.97 ≈ €1,785.
The mid-market value is €1,840, but after a typical 3% card or bank markup you may only receive about €1,785. That ~€55 gap is exactly what a good no-foreign-fee card saves you.
Checking a foreign card charge
Your statement shows a $58.10 charge for an item priced at €52.
- Look up the rate on the purchase date — say 1 EUR = 1.08 USD.
- True cost: 52 × 1.08 = $56.16.
- Compare to the $58.10 actually charged.
You were charged about $1.94 more than the mid-market value — roughly a 3.5% markup. Spotting this is how you decide whether your card's exchange terms are competitive.
Tips & common mistakes
The rate is only half the cost of a conversion. Always ask about the markup and any flat fees. A provider advertising "0% commission" may still bake a 4–5% margin into a weak exchange rate — the headline and the real cost are different things.
When a foreign merchant or ATM offers to charge you in your home currency, decline. This is called Dynamic Currency Conversion, and it almost always uses a worse rate than letting your own bank do the conversion. Choosing to pay in the local currency is usually 2–4% cheaper.
For large transfers, small rate differences compound into real money — shop specialist transfer services rather than defaulting to your bank, and compare the final amount the recipient gets, not the advertised rate. Finally, treat any converter (including this one) as a reference: rates shift continuously, so the figure you lock in at a bank or app a few minutes later will differ slightly.
Frequently asked questions
⚠ Exchange rates shown are mid-market reference rates and may differ from the rate your bank or provider actually offers. For informational purposes only, not financial advice.
Last reviewed: June 2026
About this calculator
Convert between 20 major currencies with live exchange rates updated every hour.