Currency Converter
Our currency converter converts between major world currencies using live mid-market exchange rates. Whether you are planning a foreign holiday, sending money abroad, or checking the value of an international payment, this tool gives you the true exchange rate before any bank or transfer service applies its margin.
Currency Converter
Convert between 30+ world currencies using live ECB exchange rates updated daily.
Rates are fetched live from the European Central Bank via Frankfurter API, updated daily. Mid-market rates only — banks and money transfer services apply a spread. For the best rates on international transfers, compare Wise, Revolut, and OFX.
Understanding Exchange Rates
The mid-market rate is the midpoint between the buying and selling rates on the wholesale currency market — the rate you see on financial news sites. This is not the rate you receive when exchanging currency: banks, travel money providers, and money transfer services add a margin of typically 1–5%. On a £2,000 holiday money exchange, a 3% margin costs £60 compared with the mid-market rate. Specialist money transfer services typically apply margins of 0.3–0.5%, saving £50+ versus a high-street bank on the same transaction. Our Forex Calculator models the exact amount received at any exchange rate for planning purposes, and our Travel Insurance Calculator covers the broader travel financial picture.
Frequently Asked Questions
The rate on Google or financial sites is the mid-market rate. Consumer exchange rates always include a provider margin. The best consumer rates are approximately 0.3–0.5% from specialist services, 1–2% from competitive bureaux de change, and 3–5% from high-street banks.
Pre-ordering currency online from a UK specialist provides better rates than airport exchanges. Using a fee-free debit card (Monzo, Revolut, Starling) at your destination is often the best value — always choose to pay in the local currency to avoid dynamic currency conversion charges.
Use FCA-regulated money transfer operators (Wise, OFX, Currencies Direct, World First). Always verify FCA authorisation before using any transfer service.
Yes — a weaker pound makes imports (food, electronics, fuel) more expensive. A 10% sterling depreciation eventually feeds through to approximately 3–4% consumer price inflation over 12–18 months.
Sterling has traded in a wide range — from $1.05 at the 2022 mini-budget low to above $1.70 in 2014. Against the euro, sterling has ranged from approximately 1.05 to 1.45 euros per pound over the past decade.
Enter the amount you want to convert and select the source and target currencies. The exchange rate shown is the mid-market rate — the midpoint between the buy and sell prices that banks and money transfer services use as their base rate. The rate you actually receive when changing money will typically be worse than this by a margin that varies significantly by provider: airport bureaux de change offer the worst rates (often 10-15% worse than mid-market), high street banks are typically 2-5% worse, and specialist online transfer services such as Wise or Revolut often come within 0.5-1% of mid-market. For international payments, the difference between providers can be substantial on larger amounts. Always compare multiple providers for significant conversions rather than using the most convenient option.
Important Information
This calculator is provided for general information and planning purposes only. It does not constitute financial or tax advice and should not be relied upon as such. Figures are indicative estimates based on simplified, publicly available criteria and stated assumptions. Actual results depend on your full circumstances. See our Disclaimer for further information.