Pick two currencies, type an amount, and this converter shows what it is worth using the European Central Bank’s reference rates, fetched live from Frankfurter — along with the unit rate and the date of the rate, so you always know how fresh the figure is. It works with the 15 currencies covered by the European Central Bank’s daily reference rates. One thing to keep in mind before you start: Reference rates from the European Central Bank via Frankfurter, updated once a day — for education, not a bank quote. Your bank or card will use its own rate and may add fees.
Reference rates from the European Central Bank via Frankfurter, updated once a day — for education, not a bank quote. Your bank or card will use its own rate and may add fees.
Live rates are temporarily unavailable — please try again in a moment.
No converted figure is shown, because showing a stale or guessed rate would be worse than showing none. Check your connection, or change the From currency to retry.
How the estimate works: the tool asks Frankfurter for the latest European Central Bank reference rates for the From currency you pick, then multiplies your amount by the rate for the To currency. Reference rates from the European Central Bank via Frankfurter, updated once a day — for education, not a bank quote. Your bank or card will use its own rate and may add fees. Only the currency pair you select is sent to the rate provider; the amount you type is converted on this device and is not sent.
How to use this calculator
- Type the amount you want to convert.
- Choose the currency you have in the From list and the currency you want in the To list — changing From fetches fresh rates.
- Read the converted amount, then the unit rate underneath it: what one unit of your currency buys.
- Check the rate date so you know which day’s reference rate you are looking at.
- Use the swap button to reverse the pair without retyping anything.
How currency converters work
Every conversion is one multiplication: your amount times the exchange rate between the two currencies. The work is in getting a trustworthy rate. This tool asks Frankfurter — a free service that republishes the European Central Bank’s daily reference rates — for the rates of the currency you pick in the From list, then multiplies by the rate for your To currency. When the two currencies are the same, the rate is simply 1 and no fetch is needed at all. Because rates do not depend on the amount, typing a new amount never triggers another fetch.
What the mid-market rate is — and why yours differs
The mid-market rate is the midpoint between what buyers are paying and what sellers are asking on the global currency market — the rate you see quoted in the news and the fairest single measure of what a currency is worth. Central bank reference rates like the ECB’s are built to reflect that middle. When you actually exchange money, a bank, card network or transfer service quotes you a rate a little worse than the middle and keeps the difference; some add an explicit fee as well, and card spending abroad can carry its own charges. None of that makes the reference rate useless — it is the yardstick that tells you how wide that gap is on any offer you are given.
A worked example
Using the reference rates dated 5 November 2026, the unit rate was 1 US dollar = 0.89095 euros, so the default conversion above — $100 into euros — comes to €89.09 (shown on this site as 89.09 EUR). On the same day $100 bought 9,448 Indian rupees at a rate of 94.48, and 15,846 Japanese yen at a rate of 158.46, with the yen figure shown as a whole number. These figures are an example of how to read the tool, not a quote: rates are updated once a day, so the numbers you see will be from the most recent update.
Sending money or spending abroad
Before a holiday, a purchase from an overseas shop or a transfer to family, run the amount through this converter first so you know its reference value, then compare the total you are actually charged — rate and fees together. If you follow crypto or overseas markets as well, our exchanges page covers the platforms side, and our article on why countries are buying more gold explains one of the forces that moves currencies in the first place. For prices closer to home, the Inflation Calculator shows what rising prices do to the value of money over time.
More calculators & tools
Checking what a salary in dollars really pays after tax? Use the Paycheck Calculator. The Inflation Calculator shows how prices change what money buys, and every other tool — loans, mortgages, debt payoff and more — lives on the calculators hub.
This calculator provides estimates for general education only and is not financial, legal, or tax advice. Rates are European Central Bank reference rates republished by Frankfurter, updated once a day; they are not a quote to buy or sell currency, and any bank, card or transfer service will use its own rate and may add fees. For advice about your own situation, talk to a qualified professional.
Frequently Asked Questions
Are these live rates?+
They are the latest available reference rates, which is a slightly different thing. The figures come from the European Central Bank via Frankfurter and are updated once a day on working days, so the rate shown is the most recent daily reference rate — the tool always shows its date. Exchange rates move continuously in the market, so treat this as an accurate guide to what a currency is worth, not a second-by-second trading price.
Why does my bank give me less than this rate?+
Because the reference rate is the middle of the market — the mid-market rate explained below — and almost nobody gets to exchange at it. Banks, card networks and transfer services buy and sell at slightly different rates and keep the difference, and many add a fee or a percentage margin on top. That gap is how currency exchange is paid for. Comparing the rate you are offered against the reference rate here tells you roughly how much the conversion itself is costing you.
Is there a fee to use this converter?+
No. The converter is free, needs no sign-up, and the rate data comes from Frankfurter, a free service that republishes the European Central Bank's reference rates. Remember that free refers to this tool — actually exchanging money through a bank, card or transfer service may still involve their own margins and fees.
Which currencies are covered?+
15 currencies covered by the European Central Bank's daily reference rates: US dollar, euro, British pound, Japanese yen, Indian rupee, Canadian dollar, Australian dollar, Swiss franc, Chinese yuan, Turkish lira, Singapore dollar, Hong Kong dollar, New Zealand dollar, Swedish krona and South African rand. Currencies the ECB does not publish reference rates for cannot be shown here, rather than estimated from an unreliable source.
What does the unit rate mean?+
The unit rate tells you what one unit of the first currency buys in the second: for example, 1 USD = 0.89095 EUR means each dollar converts to just under 0.90 euros at the reference rate. The converter simply multiplies your amount by that rate. If you reverse the pair with the swap button, the unit rate is worked out the other way round from the same daily data.
Why is the yen amount shown with no decimal places?+
Japanese yen amounts are conventionally written as whole numbers — there is no smaller everyday unit in general use the way cents divide a dollar. So yen results here are rounded to the nearest whole yen, while other currencies are shown to two decimal places.