Currency Converter: Currency Exchange Rate Calculator Online (2024)

Currency exchange rates fluctuate every minute.Our currency converter tool provides users with the latest exchange rates from reputable and reliable sourcesso they can make informed decisions about their foreign exchange transactions.With nearly 20 years of experience in the currency exchange rates markets,the exchange-rates.org currency converter leverages our expertise, experience,and deep understanding of how the foreign exchange markets work.

Live Currency Exchange Rates

swap

1US Dollar=0.9331Euros

1 USD = 0.9331 EUR1 EUR = 1.0718 USD

Last update 2024-6-15 10:00 AM UTC

Popular Exchange Rates Today

Australian Dollar

1.5131

USD / AUD

0.6609

AUD / USD

0.03%

USD / AUD

British Pound

0.7891

USD / GBP

1.2672

GBP / USD

0.00%

USD / GBP

Canadian Dollar

1.3751

USD / CAD

0.02%

USD / CAD

Chinese Yuan Renminbi

7.2548

USD / CNY

0.1378

CNY / USD

0.007%

USD / CNY

Euro

0.9331

USD / EUR

1.0718

EUR / USD

0.05%

USD / EUR

Hong Kong Dollar

7.8102

USD / HKD

0.1280

HKD / USD

0.004%

USD / HKD

Indian Rupee

83.552

USD / INR

0.01197

INR / USD

0.00%

USD / INR

Japanese Yen

157.44

USD / JPY

0.006352

JPY / USD

0.006%

USD / JPY

Mexican Peso

18.465

USD / MXN

0.05416

MXN / USD

0.001%

USD / MXN

New Zealand Dollar

1.6271

USD / NZD

0.6146

NZD / USD

0.00%

USD / NZD

Philippine Peso

58.700

USD / PHP

0.01704

PHP / USD

0.00%

USD / PHP

Singapore Dollar

1.3535

USD / SGD

0.7388

SGD / USD

0.007%

USD / SGD

Swiss Franc

0.8919

USD / CHF

1.1212

CHF / USD

0.10%

USD / CHF

All US Dollar Rates Last update 2024-6-15 10:00 AM UTC

What is the Exchange-Rates.org currency converter?

The exchange-rates.org currency converter is a popular online currency converter tool that lets you easily check the exchange rate for any currency relative to another.For nearly 20 years the exchange-rates.org currency converter has been helping users get accurate and up-to-date currency exchange rates for over 130 global currencies.

Why use the Exchange-Rates.org currency converter?

  • The exchange-rates.org currency converter has been trusted by users for nearly 20 years.
  • We get our currency exchange rates from the most authoritative sources for forex data in the world.
  • Our currency exchange rates are updated every few minutes to reflect the most up-to-date values.
  • Our tool is completely free to access and has an intuitive, easy-to-use interface.

How to convert currencies online?

You can convert currencies online using the exchange-rates.org currency converter. Just follow these simple steps:

1. Enter Amount

Begin with entering the amount of currencies you want to convert in the conversion box.

2. Select From Currency

Next, from the dropdown list, choose the currency you want to convert the amount from.

3. Select To Currency

Now choose the currency you want to convert the amount into from the list of currencies that appear in the dropdown list.And you’re done! You’ll now see the value of the converted currency according to the most current exchange rate.

Currency Converter FAQs

Which currencies can you convert using the currency converter?

The exchange-rates currency converter can convert nearly 130 global currencies including the USD, AUD, CAD, HKD, EUR and GBP to name but a few.

How does a currency converter work?

A currency converter works by converting the value of one currency to another based on the latest exchange rates. To do this, the currency converter tool integrates with leading currency exchange rate data providers to get the latest exchange rates in real time.

How does currency exchange work?

A currency exchange works by converting the value of one currency into its equivalent in another currency. Since individuals and businesses need to frequently make international transactions involving different currencies, it is important for them to be able to convert one currency into another. Also, since currency exchange rate values fluctuate in real time, currency exchanges provide users with the latest values to facilitate conversions.

Why are exchange rates between countries different?

The value of one currency relative to another is driven by supply and demand based on a number of macroeconomic factors. If the currency of one country is in high demand (for instance, the USD) then its value relative to others is likely to go up. Sometimes, countries may voluntarily allow their currencies to appreciate or depreciate relative to others in response to domestic economic pressures. All these factors impact the exchange rates between countries.

What is the best time to convert currencies?

Unlike equities markets, currencies are traded 24 hours a day, 5 days a week. That said, 3 PM - 4 PM UTC is a good time to convert currencies as this is the time when peak activity of two of the largest currency exchanges — New York and London — overlaps, resulting in good liquidity.

What currency has the highest conversion rate?

The Kuwaiti Dinar (KWD) is currently the strongest currency in the world.1 Kuwaiti Dinar (KWD) = 3.2656 US Dollars (USD) as of 2024-6-15 10:00 AM UTC.

What is the cheapest currency in the world?

The Lebanese Pound (LBP) is currently the cheapest currency in the world.1 US Dollar (USD) = 89,337 Lebanese Pounds (LBP) as of 2024-6-15 10:00 AM UTC.

Why Trust Us?

Exchange-rates.org has been a leading provider of currency, cryptocurrency and precious metal prices for nearly 20 years. Our information is trusted by millions of users across the globe each month . We have been featured in some of the most prestigious financial publications in the world including Business Insider, Investopedia, Washington Post, and CoinDesk.

We partner with leading data providers to bring you the latest and most accurate prices for all major currencies, cryptocurrencies and precious metals. The currency, cryptocurrency and precious metals prices displayed on our site are aggregated from millions of data points and pass through proprietary algorithms in order to deliver timely and accurate prices to our users.

Used and trusted by millions
of people.

Featured in reputable financial publications like Business Insider, Investopedia and Coindesk

Popular Conversions

20000 Yen to USD

400 Pesos to US Dollars

100 Million Won to USD

1500 Euros to US Dollars

3000 CAD to USD

600 Pesos to US Dollars

50 Million Won to USD

2000 Yen to USD

300 US Dollars to Pesos

1200 Euros to US Dollars

Currency Converter: Currency Exchange Rate Calculator Online (2024)

FAQs

What is the best website for currency conversion? ›

BookMyForex.com is the best foreign currency converter in India Online where you can convert Pound to INR and INR TO GBP at live exchange rates.

How do you calculate exchange rate easily? ›

If you don't know the exchange rate, you can use the following simple currency conversion calculation to find it: take your starting amount (original currency) and divide it by ending amount (new currency) = exchange rate.

How do you solve exchange rate questions? ›

How to work out exchange rates
  1. Write down the exchange rate and the other information given. Keep the same currencies in line.
  2. Highlight the rate.
  3. Decide whether to multiply or divide by the rate. ...
  4. Multiply or divide the given currency by the exchange rate.
  5. State your final answer with the correct currency symbol.

How do you find the best currency conversion rate? ›

Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, often offer the added benefit of having ATMs overseas. Online peer-to-peer foreign currency exchanges. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.

What is the best site for exchange rates? ›

OANDA's Currency Converter allows you to check the latest foreign exchange average bid/ask rates and convert all major world currencies. OANDA Rates™ are foreign exchange rates compiled from leading market data contributors.

Where is the best place to convert currency? ›

Where to Get Good Rates: ATMs and Local Banks. The best place to exchange money is a local ATM or a bank. Many foreign banks are happy to exchange your dollars for local currency for a better rate than you find elsewhere, or you can go to an ATM to skip the line.

What is the formula for converting currencies? ›

If "a" is the money you have in one currency and "b" is the exchange rate, then "c" is how much money you'll have after the exchange. So a * b = c, and a = c/b. For instance, say you want to convert Euros to US dollars. At the time of this revision, 1 Euro is worth 1.09 US dollar.

Do you multiply or divide when converting currency? ›

To convert from the base currency, we multiply by the exchange rate. Just like multiplying to apply a commodity price. Indeed, our base currency can be viewed as the commodity in the quote. Say we need to convert €8m into dollars, by applying the exchange rate EUR/USD 1.25.

How to calculate rate of change money? ›

The average rate of change represents a measurement that can provide insight into a variety of applications. From finance and accounting to engineering applications, you can calculate the average rate of change using the simple algebraic formula: (y1 - y2) / (x1 - x2).

How do you solve for conversion rate? ›

Conversion Rate = Total number of conversions / Total number of unique visitors * 100. Conversion Rate = Total number of conversions / Total number of leads * 100.

How do you calculate the real exchange rate example? ›

If the German price is 2.5 euros and the U.S. price is $3.40, then (1.36) X (2.5) ÷ 3.40 yields an RER of 1. But if the German price were 3 euros and the U.S. price $3.40, the RER would be 1.36 X 3 ÷ 3.40, for an RER of 1.2.

What is the normal exchange rate formula? ›

Nominal Effective Exchange Rate (NEER) is determined by the formula: NEER = e * Pd / Pf, where 'e' is bilateral nominal exchange rate, 'Pd' is the price level in the domestic country, and 'Pf' is the price level in the foreign country.

How do you calculate average currency conversion rate? ›

This method calculates the average exchange rate for these transactions as a result of dividing total amount of all earlier transactions in the foreign currency by total amount of all earlier transactions in the accounting currency. The resulting exchange rate is then assigned to outgoing transaction.

What's today's conversion rate? ›

US Dollar Exchange Rates Table Converter
US Dollar1.00 USDinv. 1.00 USD
Euro0.9316101.073410
British Pound0.7913871.263605
Indian Rupee83.4773870.011979
Australian Dollar1.5061210.663957
6 more rows

What is the exchange rate method? ›

An exchange rate is the rate at which one currency can be exchanged for another currency. Most exchange rates are defined as floating. They'll rise or fall based on supply and demand in the market. Some exchange rates are pegged or fixed to the value of a specific country's currency.

What is the best platform for currency trading? ›

  • OANDA - Best US forex broker overall. ...
  • Forex.com - lowest spread forex broker. ...
  • IG - best forex broker for beginner traders. ...
  • Interactive Brokers - best broker commission rates. ...
  • TD Ameritrade - best U.S.-based customer support. ...
  • eToro - best social and copy trading platform. ...
  • Trading.com - good selection of currency pairs.
Dec 19, 2023

How can I avoid currency conversion fees? ›

3 tips to avoid foreign transaction fees
  1. Get a no-foreign-transaction-fee credit card. Though most credit cards do charge foreign transaction fees, there are a number that don't. ...
  2. Use a debit/checking account with no foreign transaction fees. ...
  3. Pay in the local currency.
Mar 10, 2024

Where is the best place to convert to dollars? ›

You can order foreign currency online through your bank or the Post Office (or in some cases on the phone), for home delivery. Depending on your bank, where you live and which country's currency you need, some currencies may be available for same-day exchange.

What are the biggest currency exchange platforms? ›

Top 10 Foreign Exchange Platforms
  • FXCM. Headquartered in New York City, FXCM operates in 13 different countries and is regulated across five entities. ...
  • MahiFX. ...
  • Oanda. ...
  • AvaTrade. ...
  • XE. ...
  • IG. ...
  • FOREX.com. ...
  • CMC Markets.
Mar 22, 2016

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