How often are exchange rates updated?
Exchange rates are updated regularly from financial data providers. Rates reflect the interbank market rate — the rate banks use between themselves.
Why is the rate different from my bank?
Banks and money transfer services add a margin (spread) on top of the interbank rate. The interbank rate shown here is the purest exchange rate without fees.
What is the most traded currency pair?
EUR/USD (Euro/US Dollar) is the most traded currency pair in the world, accounting for approximately 24% of daily forex volume.
Is this currency converter free?
Yes — completely free, no signup, works on any device. Refresh the page to get the latest rates.