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USD - US Dollar
EUR - Euro
Currency Converter
USD - US Dollar
EUR - Euro
Live Exchange Rate
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About the Currency Converter
Convert an amount from one currency to another using a live exchange rate. Search for any currency, enter the amount you send and see how much the recipient gets.
How to use the Currency Converter
- Search and choose the currency in the Send box, then type the amount.
- Choose the currency in the Receive (Live Rate) box.
- The converted amount updates using the latest rate.
Formula and method
Converted amount = amount Γ exchange rate, where the exchange rate is how many units of the target currency one unit of the source currency buys.
Worked example
If 1 USD buys 0.92 EUR, then 250 USD = 250 Γ 0.92 = 230 EUR.
When to use the Currency Converter
- Checking how much a price abroad is in your own currency.
- Planning a trip budget in a foreign currency.
- Estimating the value of an international payment or invoice.
Common mistakes to avoid
- Assuming the rate you see is the rate you will get. Banks, card issuers and exchange counters add a margin or fees.
- Ignoring fees on ATM withdrawals and card payments abroad.
- Using a rate that is several days old for a large transfer.
Tips
- Banks, card networks and money-transfer services add a margin or fee to the market rate, so the amount you actually receive is usually a little lower.
- Exchange rates change constantly. Check the rate again just before you send money.
- Use a transfer service that shows the total cost in advance.
Frequently Asked Questions
The rate shown here is a market rate. Providers add a spread and fees, so their rate is normally less favourable.
The tool fetches current rates from an exchange-rate data service. They are indicative mid-market rates and are not what a bank will offer.
Banks and exchange offices add a spread or a fee to the mid-market rate to make a profit.
When a card terminal offers to charge you in your home currency, it is usually more expensive. Paying in the local currency normally gives a better rate.