Finance
Currency Exchange Calculator
Convert any amount between two currencies using a live or manually-entered exchange rate.
You Receive
β
How It Works
Converted amount = Amount Γ Exchange Rate Γ (1 β Fee%). Banks and exchange services typically charge 1β4% above the mid-market rate. Use Google or XE.com for the current mid-market rate.
Example
$1,000 USD at 1.08 EUR/USD with 2% bank fee β you receive β¬1,058.40.
Frequently Asked Questions
What is the mid-market rate?
The midpoint between buy and sell rates β the 'true' exchange rate seen on Google. Banks add a margin above this rate as their fee.
Where to exchange currency cheaply?
Use a Wise or Revolut card abroad, or withdraw from ATMs with low foreign transaction fees. Avoid airport exchanges β they have the worst rates.
What is forex trading?
Foreign exchange trading is speculating on currency price movements. It is a 24/5 global market and the world's largest financial market by volume.