Currency Converter
Convert between 150+ currencies with live exchange rates. Save your favorite currency pairs for instant access. Includes conversion history — all saved locally in your browser.
Convert between 150+ world currencies with live exchange rates using SolveBar's Currency Converter. Save your frequently used currency pairs for instant access, and view your conversion history — all stored locally in your browser without any account.
How currency exchange rates work
Exchange rates are determined by supply and demand in the global foreign exchange (forex) market — the world's largest financial market with over $6 trillion traded daily. Rates fluctuate constantly based on economic data, interest rate decisions by central banks, political events, and market sentiment.
Mid-market rate vs bank rate
The mid-market rate is what you see on Google or this tool. Banks and exchange services add a markup (spread) on top of this rate — typically 1-5% for retail customers. Currency exchange specialists and travel cards often offer rates much closer to mid-market.
Major world currency pairs
The most traded currency pairs are EUR/USD, USD/JPY, GBP/USD, and USD/CHF. These pairs have the tightest spreads and highest liquidity. Exotic pairs (involving currencies from smaller economies) typically have wider spreads and higher conversion costs.
Frequently Asked Questions
How often are exchange rates updated?
Rates are fetched from the exchangerate-api and update every hour. For real-time trading rates, use a dedicated forex platform.
Why is the rate different from what my bank quotes?
Banks add a markup to the mid-market rate. The difference is their profit. This tool shows the mid-market (interbank) rate which is the best available rate.
Can I convert cryptocurrencies too?
This tool covers fiat currencies. Use the Crypto Portfolio Tracker and DCA Calculator for cryptocurrency conversions.