Currency Converter

How to use the Currency Converter

This converter translates an amount from one currency to another using the latest exchange rate. It supports 30+ major world currencies and auto-detects your locale to suggest a sensible default pair.

Step by step

• Enter the amount in the source currency.
• Pick the From currency (the one you hold).
• Pick the To currency (the one you want).
• Tap the swap icon to reverse the pair instantly.

The result shows the converted amount, the rate used, and the time the rate was fetched. The rate tables below list cross-rates for major pairs so you can spot-check.

Why it’s important

Banks and airport kiosks typically quote you a rate that is 2–6% worse than the mid-market rate. Knowing the mid-market number beforehand is the single best way to tell whether a quote is fair. For larger transfers, even a 1% spread on $5,000 is $50 — worth a few minutes of comparison.

Worked examples

Tips before you exchange money

Compare at least two providers for anything over a few hundred dollars: your bank, a fintech like Wise or Revolut, and your card’s foreign-transaction policy. For travel, many cards now waive the 3% FX fee and give mid-market rates — that single perk often saves more than any rewards program. For business invoices, lock in a forward rate through your bank if you’re exposed to currency swings over 30 days or more. Watch out for “zero commission” bureaus at airports: their margin sits in the spread, not a separate fee line.

Rates update frequently and are provided for information only — confirm your bank or broker’s live rate before executing a trade.

Real-life scenario: freelancers and overseas family transfers

A freelance designer in Bangalore invoicing a US client in dollars uses this converter to confirm the INR she’ll actually receive. On a $2,000 invoice with a live mid-market rate of ₹84/USD she expects ₹1,68,000, but her bank converts at ₹82.5 and charges a ₹200 fee, so she nets ₹1,64,800. Knowing the gap upfront, she renegotiates the invoice to cover FX costs or moves to a remittance service with a tighter spread.

Families sending monthly support abroad face the same math. A 1.5% spread on a $1,000 transfer each month is $180 per year — quietly, silently — just from not checking the mid-market rate before hitting send. A two-minute comparison through this tool pays for itself the very first time.

How the math works: FX conversion and hidden spreads

A currency conversion is a one-step multiplication:

Amount_target = Amount_source × Rate_{source→target}

The catch is that there is no single “exchange rate.” Markets quote a mid-market rate (the midpoint between what buyers and sellers agree on). Every provider — your bank, your card, a remittance service — applies a spread above or below that midpoint and often adds a fixed fee. The effective cost is:

Effective cost = (mid-market value − amount actually delivered) + fees

Worked example. You convert $2,000 to INR. Mid-market rate is ₹84.00/USD, so the theoretical value is ₹168,000. Your bank quotes ₹82.50/USD (a 1.8% spread) and charges a flat ₹200 fee, so you actually receive ₹164,800. The hidden cost is ₹168,000 − ₹164,800 = ₹3,200, or roughly 1.9% of the transfer. Many people assume a “zero-fee” transfer is free — but the spread is where most providers make their margin.

The calculator uses live mid-market rates refreshed every few hours. Always compare the rate it shows against what your provider quotes — if the spread exceeds 1%, a dedicated remittance service will usually be cheaper.

Frequently asked questions