Currency Converter
Convert between currencies using real-time exchange rates from the Frankfurter API.
Enter amount and click Convert
About Currency Conversion
Exchange rates are provided by the Frankfurter API and are updated in real-time. Rates are based on European Central Bank data and are for informational purposes only.
Understanding Exchange Rate Volatility
Currency exchange rates are never static; they fluctuate based on complex economic factors including inflation rates, interest rates, and geopolitical stability. For example, when a central bank raises interest rates, that country's currency often strengthens because it offers higher returns to foreign lenders. Travelers and businesses must monitor these trends to time their transfers effectively.
It is also important to distinguish between the "mid-market rate" displayed here and the "buy rate" offered by local banks or airports. Financial institutions typically add a spread (margin) to the real-time ECB rate to cover their costs. Understanding this difference helps you calculate the true cost of sending money abroad or converting cash for travel.