Currency and exchange rate converter

TL;DR

• Enter the amount you want to convert
• Select the currency you want to convert from
• Select the currency you want to convert to
• Click calculate, the conversion and rate will appear below the form

What does the currency calculator do?

This tool allows you to convert any currency into another. The exchange rates are updated regularly to offer accurate conversions to your target currency. If you are traveling or doing business internationally, having the right exchange rate at your fingertips can save you money or help you make better choices. But to keep in mind that exchange rates are not always the only factor in the definitive price. Import duties and customs fees may apply.

How is the exchange rate calculated?

The basic structure of this tool is rather simple. Conversion rates are based on the exchange rates of central banks. It calculates the exchange rate between two currencies by calculating to a central currency (the Euro) and then applying the exchange rate to the amount you input. You'll get a neat conversion presented in the green box including the exchange rate so you can check The exchange rates are sourced from the European Central Bank among others, ensuring reliability, though they are not live and should be used as a guide. Updates done on working days.

Sources

These are the sources used for the currency converter.

• European Central Bank

FAQ Section

Q: Are the exchange rates live?
A: No, the rates are a snapshot. Usually update on working days when new rates are available. Use with caution when making critical financial decisions.

Q: How often are the exchange rates updated?
A: The rate are updated when the central banks update their rates. This usually is daily.

Q: Can I convert any currency?
A: You can select a wide range of currencies but the selection is limited to the currencies official sources provide.

Q: Are the exchange rates 100% accurate?
A: Yes and no. The rates are the official exchange rates. But, there is a difference between the buying and selling price. This difference is averaged by the central banks to come up with 1 exchange rate. So there is always a small difference between the buying and selling price that you don't see represented in this tool.

A word of caution

While we obsessively strive for accuracy, actual figures may vary based on your individual circumstances. Always consult with a certified financial planner (CFP) or qualified tax professional before making (big) financial decisions. You can use this tool to get a better picture before you do and to understand how it works.