How it works
Exchange rates float constantly with markets. This converter pulls live mid-market rates (the rate banks use between themselves).
Heads-up: when you actually exchange money, providers add a margin (often 1–3%) — the rate you get is always slightly worse than mid-market. Compare providers before converting large amounts.
Frequently asked questions
What is the mid-market rate?
The midpoint between buy and sell prices — the 'true' rate. Google shows this; your bank won't give it to you.
When is the best time to exchange?
Rates move unpredictably short-term. For big amounts, limit orders or rate alerts beat guessing.
Why do airports give terrible rates?
Captive audience + high rent = huge margins, sometimes 10%+. Exchange before you travel.