How currency conversion works
An exchange rate is simply the price of one currency in terms of another. If 1 euro buys 1.08 dollars, then €100 is worth $108. This converter pulls fresh rates once a day from a public exchange-rate feed and does that maths for you in both directions.
Why the rate you get may differ
The rates here are mid-market reference rates — the midpoint between the buy and sell price. Banks, card networks and exchange bureaus add a margin on top, so the amount you actually receive when changing money is usually a little less. Treat these figures as an accurate guide, not the exact amount a provider will give you.
Tips for getting a fair rate
Compare the margin, not just the rate
Two providers can quote the same rate but charge very different fees. Look at the final amount you receive.
Avoid airport exchange desks
They tend to offer the widest margins. Plan ahead where you can.
Watch "zero-commission" claims
No commission often just means the cost is hidden in a worse rate.
Frequently asked questions
How often do the rates update?
The underlying feed refreshes about once a day, so the rates are current to within a day. They are fine for everyday estimates and planning.
Will I get exactly this amount when I exchange money?
Usually slightly less, because providers add a margin. Use this as a reliable benchmark to judge how good an offer is.
Is this converter free?
Yes — free, no signup, nothing stored.