Convert between world currencies with live exchange rates
Exchange rates represent the value of one currency expressed in terms of another. They fluctuate constantly based on supply and demand in the global foreign exchange market, influenced by factors like interest rates, inflation, political stability, and trade balances. Our converter supports 18 major world currencies including USD, EUR, GBP, JPY, and many more.
The rates displayed here are mid-market rates, which represent the midpoint between the buy and sell prices on the global currency market. Banks and money transfer services typically add a markup to the mid-market rate, which is how they earn revenue on currency exchanges. This markup can vary significantly between providers, so it pays to compare options before converting large amounts.
When sending money internationally, consider the total cost including both the exchange rate markup and any fixed transfer fees. Online money transfer services often offer rates closer to the mid-market rate compared to traditional banks. For the best value, avoid converting currency at airports or hotels where markups tend to be the highest. Always verify the final amount your recipient will receive before confirming a transfer.