Exchange rates are updated every 5 minutes using real-time data from multiple financial sources. For the most accurate rates, major currency pairs are updated even more frequently.
Are there any fees for currency conversion?
This calculator shows the mid-market rate without any fees. In real transactions, banks and exchange services typically charge 1-3% above the mid-market rate.
What is the mid-market rate?
The mid-market rate is the midpoint between the buy and sell prices of two currencies on the global currency markets. It's considered the fairest exchange rate.
How accurate are the conversion rates?
Rates are accurate to 4 decimal places and are based on real-time market data. However, actual exchange rates may vary slightly depending on the service provider and timing.
Can I convert cryptocurrencies?
Currently, we only support fiat currencies. For cryptocurrency conversions, please check our dedicated crypto tools section.