Currency Converter
Live rates for 150+ currencies, updated in real time. Convert instantly, compare currencies side by side, chart historical trends, set rate alerts, and export results as a PDF.
What Is a Currency Converter, and How Does It Work?
A currency converter turns an amount in one currency into its equivalent in another, using the current exchange rate between the two. This tool pulls a live feed of exchange rates and updates the conversion the moment you change the amount, the currency, or the direction.
The number you see here is the mid-market rate — the midpoint between the buy and sell price banks and brokers trade at with each other. Retail providers such as banks, card networks, and money-transfer services typically add a margin on top of this rate, so it's the benchmark to compare their quotes against, not necessarily the exact rate you'll receive.
When to Double-Check a Rate
Exchange rates move throughout the trading day, so it's worth refreshing before a large transfer, an international purchase, or booking travel. Use the tabs above to compare currencies, check the historical trend, or set an alert for a target rate.
Tips for getting the most out of a currency converter
Compare against the mid-market rate before you transfer
Before accepting a bank or transfer service's quote, check it here first. A large gap from the mid-market rate usually means a bigger hidden margin, even if the provider advertises "no fee."
Watch the trend, not just today's rate
A currency pair that's been drifting in one direction for weeks behaves differently than one that's flat. Use the Chart tab to see the recent trend before timing a transfer or purchase.
Use Compare when choosing between two destinations
Planning a trip or a purchase priced in more than one currency? The Compare tab shows both conversions side by side so you can see at a glance which currency has moved more favorably.
Set an alert instead of checking manually
If you're waiting for a rate to hit a target before transferring money, set a Rate Alert rather than refreshing the page repeatedly — it flags the moment your condition is met.
Check the Inverse tab for the flip side
Knowing both "1 USD = X EUR" and "1 EUR = X USD" helps you sanity-check a rate quoted either direction by a bank, invoice, or contract.
Save frequent pairs as favorites
If you regularly check the same one or two currency pairs, star them from the result card so they're one tap away next time instead of searching again.
Frequently asked questions
How accurate are the exchange rates on this converter?
Rates come from a live FX data feed and typically refresh every few minutes, closely tracking the interbank mid-market rate. Retail rates from a bank or transfer service usually include a markup on top of this, so your actual conversion may differ slightly.
Why is the rate I get from my bank different from this converter?
Banks, card networks, and remittance services add a margin above the mid-market rate shown here, sometimes with a flat fee too. This converter shows the reference rate used to judge whether a retail quote is competitive.
What's the difference between the direct rate and the inverse rate?
The direct rate shows how many units of the target currency one unit of your base currency buys. The inverse flips that around. Use the Inverse tab to see both at once.
How do rate alerts work?
Set a target rate and direction for any pair on the Alerts tab. The converter checks the live rate against your target on each refresh and flags it in this session once the condition is met.
Is this currency converter free to use?
Yes — the converter, chart, comparison tool, rate table, alerts, and PDF export are all free with no sign-up required.
Can I use this for sending money abroad or planning travel?
Yes, it's a good starting point for estimating what you'll send, receive, or spend abroad. For an actual transfer or payment, always confirm the final rate and fees your provider quotes at the time, since retail rates include a markup over the mid-market rate shown here.
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Sources & further reading
European Central Bank – Euro Reference Exchange Rates
The ECB publishes daily reference rates for the euro against other major currencies.
Investopedia – Exchange Rate
A reference explainer on how exchange rates are determined and what moves them.
IRS – Yearly Average Currency Exchange Rates
Official yearly average exchange rates the IRS accepts for converting foreign income on US tax returns.
Disclaimer
This tool is provided for general informational and educational purposes only and does not constitute financial advice. It is not affiliated with, endorsed by, or a substitute for your bank, broker, or money-transfer provider.
Exchange rates shown are indicative mid-market rates from a live data feed and can differ from the retail rate — including any margin, spread, or fee — that a bank, card network, or transfer service actually applies to your transaction. Rates can also change between the time you check and the time you transact.
FinToku does not provide currency exchange, money transfer, or brokerage services and does not guarantee the accuracy, completeness, or timeliness of the rates shown. Always confirm the final rate and any fees directly with your provider before completing a transaction.
Free tool by FinToku · Rates are indicative and may differ from your provider's retail rate.