Currency Converter

Currency Converter

This converter provides instant approximate conversions between 12 major world currencies: US Dollar, Euro, British Pound, Japanese Yen, Canadian Dollar, Australian Dollar, Swiss Franc, Chinese Yuan, Indian Rupee, Mexican Peso, South Korean Won, and Brazilian Real. Simply enter an amount, select your currencies, and swap direction with one click.

How Currency Conversion Works

All conversions route through USD as a base currency. The formula is Result = Amount x (Source-to-USD rate) / (Target-to-USD rate). For direct USD conversions, the calculation simplifies to a single multiplication or division. The rates used are approximate mid-market reference rates suitable for quick estimates, budgeting, and comparison purposes.

Example

Key Factors in Currency Exchange

• Mid-market rate vs. retail rate — the rate you see here is the mid-market reference; actual exchange services charge 1-4% above this
• Bid-ask spread — the difference between buy and sell prices is how exchange providers profit
• Transfer method — wire transfers, online services, and card payments each carry different fee structures
• Amount being exchanged — larger transactions often qualify for better rates from banks and brokers

Tips

1. Use the swap button to quickly check the reverse conversion and verify the rate makes sense both ways
2. These rates are approximations — for transactions over $1,000, compare live rates from multiple providers before converting
3. When comparing prices between countries, convert to your home currency to understand the true cost
4. Bookmark this page for quick reference when shopping internationally or planning travel budgets