Convert between the world's major currencies — USD, EUR, JPY, GBP, KRW and more — using live exchange rates. Enter an amount to see the converted value and the current rate.
These are interbank reference rates. Paying by card or changing money at a bank adds a spread and fees on top, typically leaving you 1–3% worse off. Budget a little margin against the rate you see here.
The rate quoted in news and on portals is the interbank mid-market rate: the reference point banks use between themselves for large amounts. No individual transacts at it.
In practice a buy price and a sell price sit either side of the mid. That gap is the spread, and it is where the bank makes its money.
Providers advertising "zero commission" generally earn through the spread instead. When comparing, ignore the fee line and compare the amount that actually arrives.
Cash exchange at a bank carries the widest spread — 1.5–2% even on major pairs, and above 5% on minor ones. Preferential rates claw most of that back.
Card payments abroad use the network's own rate, plus a foreign transaction fee (often around 1%) and sometimes an issuer fee, totalling roughly 1.5–2.5%.
ATM withdrawals add a flat withdrawal fee and a local operator surcharge on top of that. Taking small amounts repeatedly makes the flat components dominate.
Wire transfers attach a sending fee, intermediary bank charges and a receiving fee. Remittance specialists simplify that structure but frequently widen the spread instead.
Paying by card abroad often prompts "would you like to be charged in your home currency?" That is dynamic currency conversion, or DCC.
It looks convenient, but the rate is set by the merchant or the terminal operator, and it is typically 3–8% worse than the card network's rate.
Always choose the local currency. If your home currency appears on the screen, DCC has already been applied and the transaction needs to be voided and redone. Many issuers let you block DCC in their app.
The underlying data is the European Central Bank reference rate, published once each working day at around 14:15 Central European Time.
Nothing changes over weekends or European public holidays. The rate you see on Monday morning is Friday's.
Live market rates move continuously on weekdays. A small discrepancy between this tool and a live quote is normal — fine for travel budgeting or rough conversion, but check the rate at execution time for anything sizeable.
A pair is written base/quote. USD/KRW = 1,400 means one dollar buys 1,400 won; EUR/USD = 1.08 means one euro buys 1.08 dollars.
When USD/KRW rises from 1,300 to 1,400, the dollar has become more expensive — which is to say the won has weakened. A rising number is bad news for the quote currency.
Cross rates between two non-dollar currencies are usually derived through each one's rate against a common currency, which is why they often carry a slightly wider spread than directly traded pairs.
Add 2–3% to whatever this tool tells you. That is roughly what card fees and exchange spreads consume.
Mix cash and cards. Some places take only cash, and carrying cash alone means bearing both the loss risk and the exchange spread.
Timing the market on holiday money assumes you can forecast it. At trip-sized amounts, choosing a channel with a narrower spread is the reliable saving; the exchange rate on a given day is not.
They use open exchange-rate data based on European Central Bank references. Your bank or card's actual rate may differ by their fees.
Dozens of major world currencies including the US dollar, euro, yen, yuan and Korean won.
The reference rate (ECB) is published once per business day, so it can differ from real-time market rates or your bank's preferential rate.
What this tool bases its numbers on, and how far those numbers go.
European Central Bank reference rates via frankfurter.app, falling back to open.er-api.com if that lookup fails. Cross rates are derived through each currency's euro rate.At USD/KRW = 1,400, 100 dollars converts to 140,000 won. A real card payment adds 1.5–2.5%, so you would be billed roughly 142,100–143,500.