Currency Converter

This converter uses static reference rates that approximate the mid-market rate at the time of last update — useful for planning and quick estimates but not for executing transactions. Banks and money-transfer providers apply a spread (typically 0.5% to 4%) plus possible fixed fees, so the rate you actually pay or receive will be less favorable than the mid-market figure shown here.

For most retail transfers under $10,000, dedicated services like Wise, Revolut, or Remitly typically beat traditional banks by 3% to 5% on the all-in cost. Compare the recipient amount across two or three providers — the cheapest one varies by corridor (USD-EUR, USD-INR, USD-MXN each have different leaders) and amount. For one-time transfers above $50,000, request a custom quote from a foreign-exchange broker; their margins shrink at scale.

Almost always at your destination, using a fee-free debit card at a major bank ATM. You'll get the network mid-market rate (within 1%) instead of the 5% to 12% spread charged by airport kiosks and hotel front desks. Carry a small amount of local cash (about $50 equivalent) for taxis and tips on arrival, but skip pre-trip currency exchange for larger sums.

Forex markets close late Friday New York time and reopen Sunday evening, so true mid-market rates don't move over the weekend. However, retail providers often widen their spread on weekends to protect against Monday gaps — so you may see worse retail quotes Saturday and Sunday even though the underlying market is flat. If your transfer isn't urgent, wait until Tuesday or Wednesday for the tightest pricing.