Currency Converter

Frequently asked questions

Where do the exchange rates come from?

Rates are fetched live in your browser from a free public exchange rate feed that updates once a day, so the figures track the daily reference rate rather than the live interbank or card rate. The exact time the rates were last refreshed is shown above the result. Use the figure as a guide. Banks and card networks add their own margin, so the amount you actually receive can differ.

Why is the rate I get from my bank different from the one shown here?

This tool shows the mid-market rate, which is the midpoint between the buy and sell prices on the wholesale interbank market. Banks and money transfer services add a spread, typically 1 to 4 percent, on top of that rate plus a fixed transaction fee. To compare services, calculate the effective rate you are offered and compare it to the mid-market rate shown here.

How do I convert a currency that is not in the list?

The feed covers more than 160 currencies and includes most actively traded world currencies. If a currency is missing it may not be covered by the data source, which typically excludes highly restricted or very low-volume currencies. In that case you can chain two conversions, first to USD and then to your target, though accuracy will be lower for illiquid currencies.

Does this converter handle historical exchange rates?

No. This tool uses the current daily rate only. For historical rates, which are needed for accounting, tax filings, or investment analysis, you would need a dedicated historical rate service such as the ECB reference rate archive or a paid API. Always use the rate applicable on the transaction date for official purposes.