Currency Converter

How Currency Conversion Works

This tool converts an amount from one currency to another using an exchange rate: the price of one currency expressed in terms of another. Multiply your amount by the exchange rate to get the converted value. For example, if 1 US Dollar equals 0.85 Euros, then 100 USD converts to 85 EUR.

Exchange rates change constantly based on global markets, so rates shown here are indicative and may differ slightly from what your bank or payment provider offers, especially once transfer fees or markups are added.

Converted Amount = Amount × Exchange Rate (source currency → target currency). Exchange rates are pulled from live market data and fluctuate constantly based on economic conditions, interest rates, and currency supply/demand.

Example

Converting $100 USD to EUR at an exchange rate of 0.92: 100 × 0.92 = €92.

Tips for using a currency converter

For travel budgeting: convert your total trip budget into the local currency ahead of time, and check rates again a day or two before departure since rates fluctuate.

For online shopping or invoices: remember that the rate your card issuer or payment processor applies may include a small margin over the market rate shown by public converters.

For international transfers: compare the rate offered by your transfer provider against the mid-market rate to understand the true cost of the transfer.

Need to also calculate a loan payment in a foreign currency, or work out percentages on a converted amount? Try our EMI Calculator or Percentage Calculator.

Learn more: Common Currency Conversion Mistakes and Why Rates Differ From What Your Bank Charges, and Currency Conversion for Frequent Travelers: Avoiding Hidden Fees

Frequently Asked Questions

How often are exchange rates updated? Rates on this page are refreshed periodically from a live market data source, but for time-critical transactions always confirm the exact rate with your bank or payment provider at the time of the transaction.

Why does my bank give me a different rate? Banks and card networks typically apply a margin on top of the market (mid-market) exchange rate, plus possible fixed fees, so the rate you receive is usually slightly less favorable than the raw market rate.

Is this converter free to use? Yes, completely free with no account or sign-up required.

What causes exchange rates to change? Interest rate differences, inflation, political stability, trade balances, and overall market sentiment all influence currency values.

Is this tool suitable for large or time-sensitive transactions? Use it for estimates and planning; for actual transfers, confirm the exact rate with your bank or transfer provider at the time of the transaction, since rates can shift before a transfer completes.