Currency Converter
Convert between 30+ world currencies using official European Central Bank reference rates, with historical charts from one month to five years so you can see where the rate has been.
Rates are ECB reference rates, updated once every working day around 16:00 CET. Banks and card networks apply their own margin on top of the reference rate.
Where these exchange rates come from
This converter uses the European Central Bank’s daily reference rates, published once every working day at around 16:00 Central European Time. They are the same reference rates used in financial reporting, audits and contracts across Europe, which makes them a trustworthy neutral benchmark rather than a marketing rate.
Why your bank gives you a different rate
The reference rate is the mid-market rate: the midpoint between global buy and sell prices. No retail customer gets exactly this rate. Banks, card networks and money changers add a margin, typically 0.5% to 3.5%, plus fixed fees. So if the mid-market USD to INR rate is 84.00 and your bank quotes 82.20 for your inward remittance, the difference is their spread. Knowing the reference rate lets you measure that spread and compare providers honestly.
Reading the historical chart
The chart under the result plots daily reference rates for your chosen pair over 1 month to 5 years, with the period high, low and overall percentage change. It answers the practical question behind most conversions: is this a good week to transfer money, or has the rate moved against me? For large transfers even a 1% move matters: on a ₹50 lakh remittance, 1% is ₹50,000.
Notes on specific currencies
The ECB does not publish a rate for the UAE dirham (AED); since AED is pegged at 3.6725 per US dollar, AED conversions here are derived through USD and are accurate for practical purposes. Currencies of countries with capital controls or dual rates (for example ARS) can differ substantially from street rates.
Worked example: comparing remittance services
You are sending $5,000 to India. The mid-market rate here shows 84.10. Service A quotes 83.50 with zero fees; service B quotes 83.95 with a $12 fee. Service A delivers ₹4,17,500. Service B delivers 4,988 × 83.95 = ₹4,18,742, better by about ₹1,240 despite the visible fee. The "zero fee" service hid its cost in the rate. Always compute the final rupees delivered, and use the reference rate on this page as the honest baseline both services are marking down from.
When rates update, and what weekends mean
ECB reference rates are published once per working day around 16:00 CET (roughly 8:30 pm IST) and do not change over weekends or European holidays. Actual market rates move continuously while markets are open, so during volatile sessions the reference rate can lag the live interbank rate by a few paise or cents. For planning transfers, remittances and invoicing this is immaterial; for intraday speculation this is the wrong tool by design.
Frequently asked questions
How often are the exchange rates updated?
Once every working day. The European Central Bank publishes reference rates around 16:00 CET Monday to Friday. Weekends and European bank holidays show the last published rate, and the date shown under the result tells you exactly which day’s rate you are seeing.
Why is the rate here different from what my bank offered?
This tool shows the mid-market reference rate. Banks and card networks add a margin of roughly 0.5% to 3.5% plus fees. The gap between this rate and your bank’s quote is the real cost of your conversion.
Which currencies are supported?
All 30+ currencies published by the ECB, including USD, EUR, GBP, INR, JPY, AUD, CAD, CHF, CNY, SGD and ZAR, plus AED derived via its US dollar peg.
Can I see historical exchange rates?
Yes. The built-in chart shows up to 5 years of daily reference rates for any pair, with the period high, low and total percentage change, enough to judge both short-term direction and the long-term trend before making a transfer.