💱 Currency Converter
LiveFreeConvert 150+ world currencies with live exchange rates. — updated every 5 minutes.
Currency
⚠️ Rates from MoneyConvert · Updated every 5 min · Fallback: ECB · For reference only — bank rates may differ.
About Currency Conversion
What is an Exchange Rate?
An exchange rate tells you how much one currency is worth in terms of another. For example, if 1 USD = 83 INR, it means you need ₹83 to buy one US dollar. Rates fluctuate constantly based on global trade, inflation, interest rates, and market sentiment.
Mid-Market vs Bank Rates
The mid-market rate (shown here) is the real rate used between banks. When you exchange currency at a bank or airport, they add a margin of 2–5% on top. Using apps like Wise or Revolut typically gives you rates much closer to the mid-market rate.
INR and Global Currencies
The Indian Rupee (INR) is managed by the Reserve Bank of India (RBI). Its value against USD, EUR, and GBP depends on India's trade balance, foreign investment flows, oil prices, and RBI's monetary policy decisions.
Best Time to Convert Currency
Currency markets are most liquid during overlapping trading sessions — London–New York overlap (1:30 PM–5:30 PM IST) usually sees the tightest spreads. Avoid converting at airports or hotels where margins can be 5–10% above mid-market rates.
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How accurate are the exchange rates?
Rates are fetched live from MoneyConvert API (updated every 5 minutes) with ECB/Frankfurter as fallback. They reflect mid-market rates. Banks and money changers apply their own margins, so actual transaction rates may differ.
Which currencies are supported?
We support 150+ world currencies including all major ones — INR, USD, EUR, GBP, AED, CAD, AUD, SGD, JPY, CHF, CNY, and many more.
Is this currency converter free to use?
Yes, 100% free. No signup, no login, no subscription. Just enter the amount, select currencies, and click Convert.
What is a mid-market exchange rate?
The mid-market rate (also called interbank rate) is the midpoint between buy and sell rates on global currency markets. It is the fairest rate and is used as the reference by most financial apps and news sites.