Currency converter

About this tool

There is no single exchange rate between two currencies at any given moment. The interbank rate — the one financial news quotes — is what large institutions trade at, and it is not available to you. What you actually pay depends on who you are converting with: a bank typically adds two to four percent as a spread on the rate before adding any explicit fee, an airport bureau considerably more, and card networks apply their own rate plus a foreign transaction fee. The published mid-market rate is the honest reference point against which to judge those offers, not a price you will be quoted. This converter uses rates published by the European Central Bank via the Frankfurter API. The ECB publishes reference rates once per banking day, around 16:00 CET, so figures reflect that daily fix rather than a live market feed and do not update at weekends or on Eurosystem holidays. That precision is right for estimates, invoices, expense reports, and budgeting, and wrong for anything where an intraday movement matters. Rates are fetched once, then conversion runs in your browser.