Where do the exchange rates in this universal currency converter come from?

Rates are sourced from reputable foreign exchange data providers that aggregate prices from major financial institutions and forex markets. They represent mid-market rates, which are the midpoint between buy and sell prices. They are suitable for analysis and general conversion, but your bank or card issuer may apply a spread and fees on top.

How often are the currency exchange rates updated?

Most major currencies are updated several times per minute during active trading hours. Less liquid currencies may update less frequently. The tool shows the last updated time so you can see how fresh the data is.

Why is my bank’s exchange rate different from this converter?

Banks, card issuers, and money transfer services typically add a margin (spread) on top of the mid-market rate and may charge additional fees. This converter shows the neutral mid-market rate. To estimate what you will actually pay, you can add a custom fee or spread percentage in the advanced options.

Can I see historical exchange rates between two currencies?

Yes. Choose your From and To currencies, then select a date range or preset like 1M, 3M, 1Y, or 5Y. The historical chart will plot the daily closing rate and show the percentage change over that period.

Is this universal currency converter suitable for accounting or tax purposes?

It is a powerful reference tool, but for formal accounting, tax filings, or regulatory reporting you should always follow the official guidance in your jurisdiction and, where required, use official reference rates (for example, central bank or tax authority rates).

Universal Currency Converter (with Historical Data)

Convert any currency using live mid-market exchange rates, compare multiple currencies at once, and explore interactive historical charts.

Currency Converter

Amount

Optional fee / spread (%)

Estimate what banks & card issuers charge.

From

Rates loading…

Quick convert to popular currencies

Based on amount and From currency

Historical Exchange Rates

Custom date range

Select a range to see how the exchange rate has changed over time.

How this universal currency converter works

This tool uses live mid-market exchange rates to convert between more than 150 currencies. It also lets you explore historical rates so you can see how a currency pair has moved over time.

Conversion formula

1. Base conversion (no fees):

Let:

A = amount in the source currency
r = mid-market rate (1 unit of source = r units of target)

Then the converted amount is:

\[ \text{Converted} = A \times r \]

2. Including a fee or spread:

Let:

f = fee or spread as a percentage (for example 3 for 3%)

We adjust the rate by the fee:

\[ r_{\text{effective}} = r \times (1 - \frac{f}{100}) \]

and compute:

\[ \text{Converted with fee} = A \times r_{\text{effective}} \]

Mid-market vs. bank rates

The rate shown here is the mid-market rate (also called the interbank rate). It is the midpoint between the buy and sell prices on the global foreign exchange market. Banks, card issuers, and money transfer services typically:

Add a margin (spread) on top of the mid-market rate.
Charge additional fixed or percentage-based fees.

To approximate what you will actually pay, enter a realistic fee percentage in the “Optional fee / spread” field (for example 2–4% for many consumer cards).

Practical use cases

Travel budgeting: Estimate how much your home currency is worth abroad.
Online shopping: Convert foreign prices into your local currency before checkout.
Freelancers & remote workers: Compare pay rates across currencies.
Investors: Analyze how exchange rate moves affect international holdings.
Accounting & reporting: Look up historical rates for past transactions (always confirm with official sources if required).

Tips for interpreting historical exchange rate charts

Trend direction: An upward-sloping line means the target currency is getting stronger relative to the source currency.
Volatility: Large swings up and down indicate a volatile pair; budgeting should include a safety margin.
Look at multiple time frames: Short-term moves (7D, 1M) may be noise; longer windows (1Y, 5Y) show structural trends.

Limitations and disclaimers

This tool is for informational and educational purposes only.
Rates may differ from those offered by your bank, broker, or payment provider.
For tax, accounting, or regulatory filings, follow your local authority’s official guidance and reference rates.