About this currency converter
The converter uses daily reference exchange rates for the US dollar and more than 20 other currencies, including the Mexican peso, euro, Canadian dollar, Vietnamese dong, Indian rupee, Philippine peso and Chinese yuan. The chart shows the rate history for major currencies.
The rate you get from a bank, an airport kiosk or a money transfer service will be worse than the reference rate, because providers add a markup on top of their fees.
Sending money abroad
- Compare the amount the recipient will receive, not just the fee.
- Specialist transfer services are often cheaper than traditional bank wires.
- When paying by card abroad, choose to pay in the local currency.
Frequently asked questions
How often do exchange rates change?
Currency markets trade around the clock on weekdays, so rates change constantly. The reference rates here are updated once a day.
Why does my bank show a different rate?
Banks and transfer companies add a margin to the mid-market rate. That margin plus any fee is the real cost of the exchange.
What is the mid-market rate?
It is the midpoint between the buy and sell prices of two currencies in global markets, and it is the fairest benchmark for comparing offers.