Currency Converter
Convert an amount between currencies using an exchange rate you enter — enter the current rate for accurate results.
Why you need to enter your own rate
Exchange rates change constantly throughout the trading day, so rather than showing a rate that could be stale or inaccurate, this calculator asks you to enter the current rate yourself — which you can find from your bank, a currency exchange service, or a live financial data source right before converting.
This calculator then handles the math precisely: multiplying your amount by the rate you provide, and showing the inverse rate for reference if you need to convert in the opposite direction.
Bank rates vs. market rates
The exchange rate you see quoted by financial news sources is typically the 'mid-market' rate — the midpoint between buy and sell prices on the wholesale currency market. Banks and currency exchange services usually apply a markup on top of this rate, plus sometimes an explicit fee, meaning the rate you actually receive when exchanging money is often less favorable than the quoted market rate.
For significant currency exchanges, it's worth comparing rates across a few providers, since the markup applied can vary meaningfully between banks, exchange kiosks, and online services.
Frequently asked questions
Why doesn't this calculator show live exchange rates automatically?
Exchange rates fluctuate constantly, and displaying a rate that isn't truly live could be misleading — entering the current rate yourself from a trusted source ensures you're always working with an up-to-date figure.
Why is the rate I get from my bank different from the rate I see online?
Banks and exchange services typically apply a markup above the 'mid-market' rate quoted by financial data sources, plus sometimes an additional fee — this is standard practice and part of how currency exchange services generate revenue.