Currency converter with up-to-date exchange rates

Pick the amount, the currency you are converting from and the one you want. The exchange rate updates daily and you can see which one was applied, so you can check the number rather than take it on trust.

The rate used here is the market reference rate. Your bank or bureau de change will apply its own, almost always worse.

The amount is first converted into the reference currency and from there into the target currency. It is the route any exchange table follows, and it avoids maintaining a separate rate for every possible pair.

The rate you see here is not the one you will be given

This calculator uses the market reference rate, the one published as the quotation. No bank or bureau de change gives you that: they all apply a spread, which is where their margin comes from. On a small transaction the difference can exceed three per cent, and at an airport counter it can pass ten.

Use it to know what you ought to receive, then compare with what you are offered. That subtraction is what the service is costing you.

Why it updates daily rather than by the second

The currency market quotes continuously, but for everyday sums a daily rate is plenty. We store the table once a day on the server and serve it from there: the tool stays equally fast for everyone, it does not depend on an outside service being up at that moment, and no third party learns what you looked up.

The date of the last update always appears next to the result. Before moving a significant sum, check with your bank.

Currencies with very large figures

Some currencies run to thousands per euro. With the Paraguayan guaraní or the Colombian peso you will see long figures, and there the inverse rate is usually easier to hold in your head.

Pegged currencies

The Panamanian balboa is pegged one to one with the dollar and dollar notes circulate in the country. Other currencies hold fixed pegs or official bands that can drift from the parallel market. Where exchange controls apply, the official and the real rate do not match.