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Live Exchange Rates ยท Updated Daily ยท 170+ Currencies

Currency Converter

Live exchange rates for 170+ world currencies. Instant conversions for travel, business, and shopping.

๐Ÿ’ฑ Live Currency Converter

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How Exchange Rates Work

Exchange rates tell you how much of one currency you get for another. Rates fluctuate constantly based on economic factors including interest rates, inflation, trade balances, and market sentiment.

The rate shown is the mid-market rate โ€” the midpoint between buy and sell prices. Banks and exchange services add a margin on top, which is how they profit from currency exchange.

Mid-Market Rate vs. Bank Rate

The mid-market rate is the "true" exchange rate you see on Google or Reuters. Banks and currency exchange booths typically offer 2โ€“5% worse than this rate, which is their profit margin.

Services like Wise (TransferWise) offer rates close to the mid-market rate with a small transparent fee โ€” often much better than traditional bank transfers for international payments.

Most Traded Currency Pairs

The EUR/USD pair accounts for about 23% of all daily forex trading volume. Other major pairs include USD/JPY, GBP/USD (called "Cable"), USD/CHF, and AUD/USD. These pairs have the tightest spreads and most liquidity.

About Our Exchange Rates

Our rates are fetched from the Frankfurter API, which sources data from the European Central Bank. Rates are updated daily on business days. For real-time trading rates, consult a licensed forex broker. Our rates are for informational purposes only.