Currency Converter
Convert currencies online for free. Live exchange rates updated in real-time.
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All Rates (1 USD)
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Wise
Send money abroad — real exchange rate
Wise offers international money transfers with the real mid-market rate and low transparent fees. No hidden markups.
Send Money FreeHow to Use This Tool
Enter the Amount
Type the amount you want to convert in the Amount field. You can enter decimals for precise conversion.
Select Currencies
Choose your source currency in the From dropdown and your target currency in the To dropdown. Use the swap button to reverse the conversion instantly.
View the Result
The converted amount appears automatically. The rate table below shows conversions to the top currencies simultaneously.
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Frequently Asked Questions
How current are the exchange rates?
How many currencies are supported?
Why does my converted amount differ from my bank rate?
Can I use this for business invoicing?
About Currency Converter
Your CFO just pinged you at 4:45 PM asking what 2.3 million euros looks like in USD for the quarterly board slide, and the ECB reference rate page is loading at dial-up speed because half of Europe is refreshing it at the same time. Or you run a small import shop on Shopify, your supplier just quoted 48,500 CNY for the next pallet of goods, and you want to compare what that costs against your Chase business checking balance before wiring. This converter pulls mid-market rates refreshed daily from a public FX feed covering 150+ currencies including pegged ones (HKD to USD, DKK to EUR) and frontier pairs (NGN, VND, ARS) that most retail apps ignore. Every conversion shows the rate used, the timestamp of the last refresh, and the inverse rate so you can sanity-check the direction. No rate markup, no hidden FX spread pretending to be mid-market. Treat the numbers as reference data for planning — actual wire transfers, card purchases, and Wise transfers will land within 1 to 3 percent of the figure shown once your bank takes its cut.
When to use this tool
Pricing a SaaS subscription for a new region
Expanding from USD-only Stripe pricing to EUR, GBP, and AUD tiers. Convert the 49 USD monthly plan to local currencies, then round to psychologically friendly anchors (44 EUR, 39 GBP, 75 AUD) rather than exposing live FX fluctuations to end customers.
Reconciling a foreign vendor invoice
A Dublin-based contractor invoices you 4,200 EUR on the 15th. Your AP system posts it in USD on the 28th when the wire clears. Convert the invoice-date rate to verify the variance booked to the FX gain/loss account matches what Concur reports before month-end close.
Budgeting a European work trip
Two weeks in Lisbon, Barcelona, and Paris with a 6,500 USD per-diem budget. Convert hotel quotes in EUR, a rental car deposit in GBP (through a UK platform), and a 280 CHF train ticket to build a realistic spending plan before your corporate card racks up 3 percent foreign transaction fees.
Quoting an international freelance contract
A Toronto client wants a fixed-price proposal in CAD for a 40-hour engagement. Convert your 140 USD hourly rate at today's rate, add a 3 percent FX buffer to cover the 30-day payment window, and quote in CAD so the client is not surprised by a Wise conversion fee on their end.
Planning a cross-border remittance
Sending 1,500 USD to family in Manila every month. Compare the mid-market USD to PHP rate here with the rate Western Union and Remitly actually offer — the delta between the two is the remittance margin, typically 1 to 4 percent for the Philippines corridor.
How it works
- 1
Rates sourced from a daily FX feed
We pull mid-market (interbank) reference rates from a public FX data provider that aggregates Reuters, ECB, and Bloomberg quotes. Updates land once per business day, so intraday moves of up to 0.5 percent are normal for majors like EUR/USD and can exceed 2 percent for emerging-market pairs during volatile sessions.
- 2
Conversion is a direct multiplication in float math
We convert from base to USD first, then USD to target, using 64-bit floats. For amounts under 10 million units and rates above 0.0001, precision is accurate to four decimal places. Sub-cent rounding follows banker's rounding (IEEE 754 round-half-to-even) which matches what most accounting systems use on import.
- 3
Inverse rate shown for sanity check
Every result includes the reciprocal rate (if 1 USD = 0.92 EUR, we also show 1 EUR = 1.087 USD) because transposition errors are the single most common bug in FX calculations. If the inverse looks off by an order of magnitude, you have probably picked the wrong base currency from the dropdown.
Pro tips
Apply a 2 to 4 percent buffer on real transactions
Mid-market rates are what banks trade with each other at 09:00 London time. By the time the funds leave your checking account, you will see a spread of 0.5 to 1 percent on majors (USD, EUR, GBP, JPY), 2 to 3 percent on minors (MXN, SEK, SGD), and up to 5 percent on exotics (ARS, TRY, ZAR). Quote customers and budget trips at mid-market plus a buffer — never assume you will get the rate shown here.
Pegged currencies are stable but not free
The Hong Kong dollar trades in a narrow band against USD (7.75 to 7.85 HKD per 1 USD) enforced by HKMA intervention, and the Danish krone shadows EUR within 2.25 percent under ERM II. These look fixed, but banks still charge a spread on conversion — 1 to 2 percent typical. Do not assume a peg means zero cost; the HKD to USD quote on your Citi statement will still show a markup versus the peg midpoint.
Book FX on invoice date, not payment date, for GAAP
Under ASC 830, a foreign-denominated payable is recorded at the spot rate on the transaction date and revalued at the balance sheet date, with FX gain or loss booked to the income statement. If you pay a 10,000 EUR invoice 45 days late and the dollar weakens 3 percent in between, the extra 300 USD shows up as an FX loss, not part of COGS. Knowing the invoice-date rate versus settlement-date rate is how you reconcile the two.
Frequently asked questions
Why does this rate differ from what my bank charged me?
Because banks and card networks apply a spread above the mid-market rate to cover their costs and profit. Visa and Mastercard typically charge 0.5 to 1 percent above the daily network rate, then your card issuer may stack another 1 to 3 percent foreign transaction fee on top. Wire transfers at a brick-and-mortar bank like Chase or Bank of America can see spreads of 3 to 5 percent. The rate here is the interbank reference — it is the price banks trade with each other at, not the retail price you will ever see.
How often are the exchange rates updated?
Once per business day, typically sometime after the London 16:00 close which is the industry reference fix for most currency pairs. On Saturdays, Sundays, and major holidays (Christmas, New Year, Chinese New Year for Asian pairs) the rates do not refresh because the underlying interbank markets are closed. During extreme volatility events — central bank rate decisions, geopolitical shocks — the intraday move can exceed 1 percent for majors and 5 percent for emerging-market currencies, so treat the shown figure as a snapshot rather than live data.
Does this tool handle cryptocurrency conversion?
No. This converter covers only fiat currencies issued by national central banks (150+ including majors, minors, pegged, and frontier currencies). Crypto markets run 24/7 with no reference fix, quotes vary across exchanges by 0.5 to 2 percent, and spot-versus-perpetual basis adds further complexity. For BTC, ETH, USDC, and stablecoin conversions use a crypto-specific tool like CoinGecko or the exchange you actually trade on, and remember that tax basis for crypto is tracked differently under IRS guidance (Notice 2014-21) than fiat FX.
Can I use this for official tax reporting or customs declarations?
Usually not as a primary source. For US federal tax reporting the IRS accepts 'any posted exchange rate that is used consistently' but specifically references the yearly average rates they publish, while customs and FBAR filings require the Treasury Reporting Rates of Exchange (the rate.fiscal.treasury.gov table) for the relevant quarter. UK HMRC uses its own monthly average table, and the EU VAT MOSS scheme uses ECB daily rates. For compliance filings, always cross-check against the official source your jurisdiction mandates — this tool is for planning, not for audit defense.
Why does the inverse rate sometimes look slightly off?
Pure rounding. If 1 USD = 0.9237 EUR, the inverse is 1.08260 EUR to USD, but when we display both at four decimal places (0.9237 and 1.0826) the product rounds to 0.99999 rather than 1.0000. At four decimal places the maximum compounded rounding error is around 0.01 percent on a round trip, which is below the precision anyone actually cares about for budgeting or reporting. If you need exact reciprocals for accounting reconciliation, capture the full-precision float before rounding in your own spreadsheet.
Honest limitations
- · Rates refresh once per business day; intraday moves are not captured and quoted figures may be stale by up to 24 hours during weekends or holidays.
- · No retail or card-network spread is included; your bank or card issuer will apply a markup of 0.5 to 4 percent on actual transactions.
- · Historical rates and forward curves are not supported; for back-dated invoices or hedging decisions, use a paid data source like XE Datafeed, OANDA, or the Fed H.10.
FX planning rarely stops at the conversion itself. If you are figuring out what a foreign salary translates to in USD, pair this with the paycheck-calculator to see the net after federal, state, and FICA withholding — a 120K EUR offer from a Berlin employer is very different in take-home terms than 120K USD in Texas. For capital decisions involving foreign-currency savings, the compound-interest-calculator lets you project growth assuming either FX stability or a drift scenario. The tip-calculator is handy when splitting a foreign-currency restaurant bill across a group during travel.
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