Currency Converter

📖 About Currency Conversion

Exchange rates are determined by the foreign exchange market, which is the largest financial market in the world with over $7 trillion traded daily. Rates move based on interest rate differentials between countries, inflation expectations, trade balances, capital flows, and political events. A currency with higher interest rates tends to appreciate because investors seek higher returns, though this relationship breaks down in times of crisis.

This tool uses indicative reference rates. The rate you actually receive when exchanging money will differ because banks and exchange services add a spread - the difference between the buy and sell price - which is their margin. For large transactions, the spread can amount to hundreds of pounds, which is why comparing providers matters. For everyday travel budgeting, the reference rate is close enough to plan with.

How to Use

• • Enter an amount, select a From and To currency, and the result updates instantly.
• • Use Quick Pairs to jump to the most commonly converted currency pairs with one tap.
• • Switch to Multi Currency mode to see your amount converted into many currencies at once - handy when travelling between countries.
• • Tap the swap button (⇄) to reverse the conversion direction instantly.

Major World Currencies