Currency Converter
Convert between 161 world currencies with live exchange rates from ExchangeRate-API
Live Exchange Rates
Exchange rates are fetched in real-time from ExchangeRate-API. Rates are updated hourly.
How It Works
Currency conversion uses live exchange rates from ExchangeRate-API, updated hourly.
Popular Pairs
• USD/EUR - US Dollar to Euro
• USD/GBP - US Dollar to British Pound
• USD/JPY - US Dollar to Japanese Yen
• EUR/USD - Euro to US Dollar
Exchange Rates
Exchange rates represent the value of one currency in terms of another. They fluctuate based on economic factors, trade, interest rates, and geopolitical events.
Types of Exchange Rates
- Spot Rate: Current exchange rate
- Forward Rate: Agreed rate for future date
- Interbank Rate: Rate between banks
- Tourist Rate: Rate for travelers (includes markup)
Live Rates:
This converter uses live rates from ExchangeRate-API, updated hourly for accuracy.
Factors Affecting Exchange Rates
- Interest rates and inflation
- Economic growth and stability
- Political events and policies
- Trade balances
- Market speculation
Transaction Fees
Banks and exchange services typically add a markup (1-5%) or charge fees. The actual amount you receive may differ from converted amounts shown here.
Disclaimer
Rates are for informational purposes. Actual rates may vary. Consult financial professionals for transactions.