Exchange rates are approximate. Use for reference only.
Convert between world currencies with current exchange rates
Currency conversion multiplies an amount by the exchange rate between two currencies. For example, if 1 USD = 0.92 EUR, then $100 converts to €92. Exchange rates are determined by the foreign exchange (forex) market, the world's largest financial market with over $7.5 trillion traded daily. Rates fluctuate constantly based on supply and demand.
Multiple factors drive currency values: interest rates set by central banks, inflation rates, political stability, trade balances, and economic growth. When a country raises interest rates, its currency typically strengthens as investors seek higher returns. Economic uncertainty weakens currencies as investors move to "safe haven" currencies like the US dollar, Swiss franc, or Japanese yen.
Most major currencies use floating rates, set by market forces (USD, EUR, GBP, JPY). Some countries use fixed (pegged) rates, tying their currency to another—like Hong Kong's dollar pegged to USD. A few use managed floats, where central banks intervene to keep rates within a range. The system affects how stable conversion rates remain.
Avoid airport and hotel currency exchanges—they charge 5-10% markups. Use credit cards with no foreign transaction fees for the best rates abroad. Compare rates from multiple sources before converting large amounts. For travel, withdraw local currency from ATMs for near-market rates. Monitor rate trends and convert when your home currency is strong.
Our exchange rates are approximate and updated regularly. They should be used for reference purposes. For actual transactions, please check with your bank or financial institution.
We support major world currencies including USD, EUR, GBP, JPY, CAD, AUD, CHF, CNY, INR, and MXN.
No, our currency converter is completely free to use. Note that actual currency exchanges through banks may involve fees.