Currency Converter
Live exchange rates from European Central Bank
Last updated: January 2025
About This Tool
A currency converter helps you quickly convert between world currencies using real-time exchange rates. Essential for international travelers, online shoppers, investors, and anyone dealing with foreign currencies.
What is Currency Converter?
A currency converter is a tool that calculates the equivalent value of one currency in another using current exchange rates. Exchange rates fluctuate constantly based on economic factors, making real-time conversion essential for accurate transactions and financial planning.
How It Works
The converter fetches current exchange rates from reliable financial sources (like central banks) and multiplies your amount by the appropriate rate. For example, if 1 USD = 0.85 EUR, then $100 USD converts to 85 EUR. Rates update regularly throughout business days.
All Rates from USD
Quick Reference
Data Source
Exchange rates are provided by the European Central Bank (ECB) via the Frankfurter API.
Rates are updated daily on business days around 16:00 CET.
💡 Currency Tips
- • Mid-market rates shown (banks add fees)
- • Rates fluctuate throughout the day
- • Compare rates before large transfers
Related Tools
When to Use This Calculator
- 1Planning international travel budgets
- 2Making purchases from foreign online retailers
- 3Sending money internationally to friends or family
- 4Evaluating foreign investment opportunities
- 5Understanding the cost of imported goods or services
Pro Tips
- •Mid-market rates shown here are better than bank/exchange rates
- •Banks and exchange services add margins of 2-5% to the mid-market rate
- •Compare multiple services before making large transfers
- •Consider timing for large transfers - rates can vary 5-10% over months
- •Use fee-free international cards for travel spending
Common Mistakes to Avoid
- •Exchanging at airports or hotels with terrible rates
- •Not comparing rates between different transfer services
- •Ignoring fees that may be hidden in the exchange rate
- •Converting currency without understanding the true cost
- •Making large transfers without checking rate trends