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Currency Converter

Convert between about 30 major currencies using the European Central Bank's daily reference rates.

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This currency converter uses the euro foreign exchange reference rates published by the European Central Bank (ECB). They cover about 30 major currencies, including the US dollar, British pound, Japanese yen, Chinese yuan, Swiss franc, Indian rupee, Brazilian real, Canadian and Australian dollars and most European currencies, and are updated once per working day. The rate date is always shown next to the result, so you know exactly which day's rates you are using.

Examples

Input 100 EUR → USD
Output 1 EUR = 1.08 USD (rate of the day)

A direct rate: the ECB quotes every currency against the euro.

Input 100 GBP → JPY
Output 100 ÷ GBP rate × JPY rate

A cross rate, calculated through the euro.

Frequently asked questions

Where do the exchange rates come from?
From the European Central Bank's euro foreign exchange reference rates, the same rates many accounting systems and governments use. They are published once per working day, usually around 16:00 Central European Time. There are no rates on weekends and on TARGET holidays, so on those days the most recent working day's rates are shown.
Why is my bank's rate different?
Banks, exchange offices and card networks add a margin (spread) and sometimes a fixed fee on top of the market rate. A card payment abroad typically costs 1 to 3 percent more than the reference rate, and airport exchange counters can be much worse. Comparing their quote with the reference rate shown here tells you how much you are really paying.
Which currencies are supported?
The roughly 30 currencies in the ECB's daily reference list, including USD, GBP, JPY, CNY, CHF, CAD, AUD, NZD, INR, BRL, MXN, ZAR, KRW, SGD, HKD, SEK, NOK, DKK, PLN, CZK, HUF, RON, TRY, ILS, THB, MYR, IDR, PHP and ISK, plus the euro itself. Currencies the ECB does not publish, for example the Argentine peso or the Nigerian naira, are not available.
How is a conversion between two non-euro currencies calculated?
Every ECB rate is expressed as units of a currency per one euro. To convert, say, 100 US dollars to British pounds, the amount is divided by the USD rate (giving euros) and multiplied by the GBP rate. This cross rate is mathematically identical to the one the ECB publishes in its own tables.
Can I use these rates for accounting or tax purposes?
ECB reference rates are widely accepted for bookkeeping and many tax authorities use them, but rules differ between countries and some require their own central bank's rate or a specific date. Check what your tax authority or auditor expects. The rate date shown on the page tells you exactly which day the figures belong to.
Are these live rates?
No. Reference rates are a single daily snapshot, not a live market feed. Currency markets move all day, so during busy periods the live mid-market rate may differ from the reference rate by a fraction of a percent. For travel budgets, invoices and price comparisons this difference rarely matters; for trading it does.
Does the converter work offline or store my data?
The rates are loaded once when the page opens, so conversions after that happen instantly in your browser. Your last amount, currencies and table list are saved in your browser's local storage only, never sent to our server.

About Currency Converter

Type an amount, choose the two currencies and the result updates as you type, together with the rate in both directions. Below it, a table converts the same amount into a list of currencies you choose, which is handy when comparing prices across several countries or planning a trip with more than one stop. Your amount, currencies and table are remembered in your browser for the next visit, and currency names follow your browser's language.

All ECB rates are quoted against the euro, so a conversion between two other currencies, for example US dollars to Japanese yen, is calculated through the euro (a cross rate). This is the standard way reference rates are used and gives the same result as the ECB's own cross-rate tables. The rates are fetched from the ECB by our server a few times a day and cached, no API key or account is involved, and if the ECB cannot be reached the last known rates are shown with a clear notice.

Keep in mind what a reference rate is. The ECB publishes these rates for information, based on a daily concertation between central banks around 14:10 CET. They are close to the mid-market rate, the midpoint between buying and selling prices, but they are not the rate you get at a bank, exchange office or on a card payment: those add a spread or fee on top, often 1 to 3 percent and sometimes much more at airports. Use the result to know the fair value and to compare offers, not as a trading quote.

The euro's reference rate and the end of the fixing

Before the euro existed, most European central banks ran a daily 'fixing', a meeting or phone round where the official exchange rate of the day was set. The Frankfurt fixing of the Deutsche Mark, held at the stock exchange since the 1950s, was the best known. When the euro launched on 1 January 1999, the ECB replaced these national fixings with a single set of euro reference rates, published from the first day of the new currency.

The rates are not the result of trading by the ECB. They are based on a regular daily concertation between central banks inside and outside the European System of Central Banks, taking a snapshot of the market at about 14:10 CET. The ECB is explicit that they are published for information purposes only and that using them for transactions is not encouraged.

The list has changed over time as currencies joined the euro (Slovak koruna, Estonian kroon, Croatian kuna and others disappeared from it), and in 2022 the Russian rouble was suspended. The first euro rates published in January 1999 put one euro at 1.1789 US dollars; the currency later fell to about 0.83 dollars in 2000 and peaked near 1.60 in 2008.

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