Currency Converter

Convert between all major world currencies with real-time exchange rates. Get historical data and exchange rate trends.

Exchange rates last updated: Just now

$
1 USD = 0.85 EUR
+0.0002 (+0.02%)
1 EUR = 1.18 USD

Historical Exchange Rates

Highest Rate

0.86 EUR

on Jun 15, 2023

Lowest Rate

0.84 EUR

on May 1, 2023

Frequently Asked Questions

How often are exchange rates updated?

Our exchange rates are updated every minute using real-time market data from financial institutions to ensure accuracy.

Are there any fees for currency conversion?

Our converter shows the pure mid-market rate without markup. Financial institutions may charge additional fees for actual transactions.

Can I view historical rates for specific dates?

Yes! Use the time period buttons above the chart to view exchange rate history from 7 days up to 1 year.

Why do currency rates fluctuate?

Exchange rates change constantly due to market forces including economic indicators, political events, interest rates, and market speculation.

How accurate are the conversions?

Our rates are sourced from reputable financial data providers. The converter uses precise calculations with up to 6 decimal places for accuracy.

Can I use this converter while traveling?

Yes! The converter works on mobile and desktop, making it a handy tool for quick currency checks while abroad—just ensure you have internet access for real-time rates.

Do exchange rates include transaction fees?

No, the rates shown reflect the market exchange rate and do not include any fees your bank or card provider might charge. Always check with your provider for the final rate you’ll receive.

Currency Exchange

Currency exchange rates fluctuate constantly due to global economic factors. Our converter uses mid-market rates, which are the midpoint between the buy and sell rates of global currency markets. These are the rates banks use when trading currencies between themselves.

How Exchange Rates Work

Exchange rates represent the value of one currency in terms of another. They are determined by supply and demand in global foreign exchange markets, influenced by factors like:

  • Interest rates set by central banks.
  • Economic growth and stability.
  • Political events and stability.
  • Trade balances between countries.
  • Market speculation and sentiment.

how much is:

Currency Code Symbol Country/Region
US Dollar USD $ United States
Euro EUR Eurozone
British Pound GBP £ United Kingdom
Japanese Yen JPY ¥ Japan
Australian Dollar AUD A$ Australia

Currency Conversion Tips

  • Check rates before traveling or making international transactions.
  • Be aware of additional fees banks or exchange services may charge.
  • Consider using credit cards with no foreign transaction fees.
  • For large transfers, compare rates from multiple providers.
  • Monitor rate trends if you have flexibility in timing your exchange.

Currency Conversion Travel Tip:

When traveling, always have some local currency in cash for emergencies, but rely primarily on credit/debit cards for better exchange rates and security.

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