Convert between any two currencies using current FX rates. Useful for travel budgets, international invoicing, and cross border salary comparisons.
Mid-market FX rates. The latest European Central Bank reference rates load automatically.
Mid-market reference rates; live ECB values load on open. Banks and apps add a spread of 0.3 to 4 percent.
A currency converter multiplies an amount in a source currency by the spot foreign-exchange rate to express it in a target currency. The rate that matters depends on who is converting: interbank desks trade at the mid-market rate (the midpoint of the bid and ask quoted by global banks on Reuters and Bloomberg terminals), retail banks add a 1 to 4 percent spread on top, money-transfer apps such as Wise and Revolut take 0.3 to 1 percent, and tourist bureaus at airports and hotels can add 8 percent plus a fixed commission. The FX market trades 7.5 trillion USD per day (BIS Triennial Survey 2022), with London, New York, Singapore, and Hong Kong as the four largest centres. There is no official "exchange rate" the way there is an official temperature; every quote you see is a vendor-specific snapshot.
The converter on this page uses a cached mid-market rate table that refreshes daily. It is suitable for invoicing, expense tracking, travel budgeting, and ballpark salary comparisons. For real trades larger than a few thousand dollars, request a live quote from your bank or a regulated FX broker; the rate moves continuously during market hours and the spread you receive depends on volume.
Quotes are conventionally written as a base/quote pair. EUR/USD = 1.0582 means 1 euro buys 1.0582 dollars. To convert from currency A to currency B when both are quoted against the dollar, divide their respective USD rates (the cross rate), then multiply by the source amount. ISO 4217 codes (USD, EUR, GBP, INR, JPY) are the canonical identifiers used by SWIFT, central banks, and accounting software.
Target amount = Source amount x (USD per Target / USD per Source) Cross rate = (USD/Target) / (USD/Source) EUR/USD = (USD/USD) / (USD/EUR) = 1 / 0.945 = 1.0582 Effective rate = Mid-market rate x (1 + spread) Net received = Source amount x Effective rate - fixed fee
Typical retail spreads (snapshot, May 2026): Wise 0.35 to 0.6 percent for major pairs, Revolut 0 to 1 percent inside its free monthly allowance with a weekend markup of 0.5 to 1.0 percent, OFX and CurrencyFair 0.4 to 0.7 percent, high-street banks 1 to 3 percent, US credit-card networks 1 percent (Visa, Mastercard) plus an issuer FX fee of 0 to 3 percent, and airport currency bureaus 4 to 12 percent.
You earn 1,000 USD as a freelancer in the US and need to invoice a German client who will pay in EUR. The mid-market rate on the invoice date is 1 USD = 0.945 EUR.
Approximate mid-market rates from 2026-01-15 (USD base). Use a live source for trades.
| From 1 USD | To major currency | Inverse (1 unit = X USD) |
|---|---|---|
| 1.000 USD | 0.945 EUR | 1.0582 |
| 1.000 USD | 0.820 GBP | 1.2195 |
| 1.000 USD | 156.00 JPY | 0.00641 |
| 1.000 USD | 1.438 CAD | 0.6954 |
| 1.000 USD | 1.612 AUD | 0.6203 |
| 1.000 USD | 86.45 INR | 0.01157 |
| 1.000 USD | 3.673 AED | 0.2723 (pegged) |
| 1.000 USD | 1.370 SGD | 0.7299 |
The buy rate is what the dealer pays you for foreign currency; the sell rate is what they charge you to buy it. The spread is the dealer's profit. USD/EUR mid market 0.93 might quote 0.91 buy / 0.95 sell at a high-street bank but only 0.928 / 0.932 at Wise.
No. Use a no-FX-fee debit card (Charles Schwab, Wise, Revolut) and withdraw from local ATMs. You will get a rate within 0.5 percent of mid market. Pre-exchanged tourist money usually loses 4 to 8 percent in spread plus a fixed bureau commission.
Google shows the mid-market rate sourced from Morningstar and other interbank feeds. It is the institutional benchmark but is NOT the rate retail banks, kiosks, or cards quote, which add a spread of 0.5 to 4 percent.
A cross rate is the exchange rate between two non-USD currencies, derived by dividing each currency's USD rate. EUR/GBP = (USD/GBP) / (USD/EUR). Most quote engines, including this one, store rates against USD and compute crosses on the fly.
The Hong Kong dollar (HKD) trades in a 7.75 to 7.85 band against USD. The UAE dirham (AED) is pegged at 3.6725. The Saudi riyal (SAR) is pegged at 3.75. The Danish krone (DKK) is pegged to the euro inside the ERM II band. Pegs reduce day-to-day volatility but can break (the Swiss franc cap was abandoned in January 2015, the Egyptian pound devalued sharply in 2022). Always verify the current peg status before large transfers.