Use this free currency converter to get live exchange rates between the world’s most traded currencies. Enter an amount, select your currencies, and get an instant conversion based on current market rates updated every 24 hours.
Currency Converter
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Quick reference — 1 equals
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How to use this Currency Converter calculator
1. Enter the amount you want to convert in the Amount field.
2. Select the currency you are converting from in the From dropdown — for example, US Dollar (USD).
3. Select the currency you are converting to in the To dropdown — for example, Euro (EUR).
4. Click the ⇄ swap button at any time to instantly reverse the conversion direction.
5. Click Convert to fetch live exchange rates and see the converted amount, the exchange rate used, and a quick reference table showing how 1 unit of your base currency compares to the world's 10 most traded currencies.
Frequently asked questions
Q: How current are the exchange rates?
A: This currency converter uses live market rates that are updated every 24 hours. Rates are sourced from ExchangeRate-API, which aggregates data from global financial markets. For real-time trading or large financial transactions, always verify rates directly with your bank or financial institution as actual rates may vary slightly.
Q: Why is the rate different from what my bank charges?
A: The rate shown here is the mid-market rate — the midpoint between buy and sell rates on global currency markets. Banks and exchange services typically add a markup of 1% to 5% above the mid-market rate as their fee. Credit cards often offer rates close to mid-market but may charge a foreign transaction fee of 1% to 3%.
Q: What are the most traded currencies in the world?
A: The most traded currencies by daily volume are the US Dollar (USD), Euro (EUR), Japanese Yen (JPY), British Pound (GBP), Australian Dollar (AUD), Canadian Dollar (CAD), Swiss Franc (CHF), and Chinese Yuan (CNY). The US Dollar is involved in approximately 88% of all foreign exchange transactions globally.
Q: What is the best way to exchange currency when traveling?
A: Generally, the best rates are found by using a no-foreign-transaction-fee credit card or withdrawing from a local ATM at your destination. Airport exchange kiosks and hotel currency exchanges typically offer the worst rates. Exchanging currency at your bank before traveling can also provide competitive rates compared to services at the destination.
Q: Can I use this converter for cryptocurrency?
A: No — this converter covers traditional fiat currencies only. Cryptocurrency prices change by the second and require a dedicated crypto exchange or pricing tool for accurate conversion. This tool is designed for the world's major government-issued currencies.