How to Use a Currency Converter with Live Exchange Rates
A currency converter turns an amount in one currency into another using an exchange rate. This free tool uses live mid-market rates for about 160 currencies, refreshed about once a day. Choose two currencies, type the amount and read the result. Nothing you type is stored.
Convert an amount
- Type the amount you want to convert.
- Choose the From currency and the To currency. Use the search box to find a currency by name or code.
- Read the result and the rate shown underneath it.
- Press Swap to convert in the other direction.
- Use the table below to see the same amount in popular currencies.
How current are the rates
The rates update about once a day, and the page shows when they were last updated. They are not tick-by-tick market prices, so the number can differ from a live trading screen.
Why your bank or money changer shows a different number
Banks, cards and money changers add fees or a margin to the mid-market rate. Use this converter for estimates and comparison, then confirm the exact rate and fees with your provider before sending money.
Source and limits
Rates come from the free open endpoint of ExchangeRate-API and are credited on the page. If the live source is busy for a short time, a saved copy of the latest rates may be shown. The tool needs an internet connection and is not meant for trading.
Reading the rate
Under the result the page shows the rate that was used and the time it was last updated. The rates are updated about once a day and come from the free ExchangeRate-API service. They are mid-market rates, the middle point between buying and selling prices, which is the number you see in the news but not usually the number you are offered. The table below the converter shows the same amount in popular currencies.
Why your offer is different
Banks, cards and money changers either add a fee or give you a worse rate than the middle rate. The difference is the margin. If the converter shows 75 and a provider offers 73, the margin is 2 on 75, which is about 2.7 percent. Compare the final amount the person receives, after fees, and the time the transfer takes, before you choose a provider.
Using the converter well
Use it to plan, compare prices in another country and check a quote. It needs an internet connection, and it is not made for trading or for exact accounting, because rates move during the day. Before you send money, ask your provider for the exact rate, all fees and the amount that will arrive.
Frequently asked questions
Is the currency converter free?
Yes. It is free, needs no account and has no limit on how many conversions you make.
How many currencies does it support?
About 160 world currencies, including the US dollar, euro, pound, Pakistani rupee, Saudi riyal and UAE dirham. The exact number is shown when the rates load.
How often are the rates updated?
About once a day. The last update time is shown under the result.
Can I use it for exact payments or trading?
No. It shows indicative mid-market rates. Your bank or provider sets the rate and fees you actually get.
Does it work offline?
No. It needs an internet connection to load the latest rates.
Is the rate the one my bank will give me?
Usually not. Banks and money changers add a fee or a margin to the middle rate.
How often do the rates change?
About once a day. The page shows when they were last updated.
Can I use it for trading?
No. It is for estimates and comparison.
Read the Privacy Policy and Terms of Service before using the service.