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💱Converter

Currency Converter

Daily updated exchange rates. USD, EUR, GBP, BRL, and more.

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How exchange rates work

An exchange rate represents how much of one currency is needed to buy a unit of another. It fluctuates constantly based on interest rates, inflation, trade balances, and political events in each country, so any converter reflects a reference quote subject to small variations throughout the day.

Rates here come from a daily-updated exchange rate source. Note that the "market" rate usually differs from what banks and exchange offices charge for physical currency exchange, which includes a spread and, in some cases, taxes.

Frequently asked questions

Is the rate shown the same I will pay at the bank?

No. Banks and exchange offices apply a spread on top of the market rate, plus fees and taxes on international transactions. The rate here is a market reference, useful to get a sense of value, not a final transaction price.

How often are the rates updated?

Exchange rates used in this tool are updated daily from an exchange rate data source.

Why do exchange rates move so much?

Currency pairs are influenced by interest rate differences between countries, foreign capital flow, commodity prices, and political and fiscal risk perception, among other macroeconomic factors.