Currency Converter
Reference conversion between major currencies.
The Currency Converter Reference helps you understand approximate currency conversions for major world currencies including USD, EUR, GBP, JPY, KRW, CNY, CAD, AUD, CHF, and HKD. Enter an amount and select currencies to get a reference conversion. Important: rates used here are periodically updated reference values — they are not live market rates. For any actual currency exchange transaction, always use the current rate from your bank, broker, or a real-time forex service. This tool is most useful for travel planning, rough cost comparisons, and educational purposes.
Currency Converter
⚠️ These are reference rates for estimation only. Always verify with your bank for actual transactions.
Examples
$1,000 USD to EUR
Convert $1,000 US dollars to euros using reference rates.
→ Approximately €920 (at ~0.92 reference rate)
$500 USD to Korean Won
Estimate how many Korean Won $500 US dollars is worth.
→ Approximately ₩670,000 (at ~1,340 KRW/USD reference rate)
100 EUR to Japanese Yen
Convert €100 to Japanese yen for travel budget planning.
→ Approximately ¥16,200 (at ~162 JPY/EUR reference rate)
Tips
- ✓Never exchange money at airport kiosks — rates are typically 5–15% worse than bank rates.
- ✓Credit cards with no foreign transaction fee usually offer the best exchange rates for travel.
- ✓When paying abroad, always choose to pay in the local currency to avoid DCC surcharges.
- ✓Currency rates fluctuate daily — for large transfers, watch rates over several days before converting.
Frequently Asked Questions
Are the exchange rates real-time?
No. These are reference rates updated periodically for estimation and educational purposes. For actual currency exchange transactions, always use the current rate from your bank, a licensed forex broker, or a real-time data source.
What currencies are supported?
The converter supports major currencies including USD (US Dollar), EUR (Euro), GBP (British Pound), JPY (Japanese Yen), KRW (Korean Won), CNY (Chinese Yuan), CAD (Canadian Dollar), AUD (Australian Dollar), CHF (Swiss Franc), and HKD (Hong Kong Dollar).
Why does the rate at my bank differ from this tool?
Banks apply their own exchange rate margin (spread) on top of the interbank rate, typically 1–3% for retail customers. Credit cards often have better rates but add a foreign transaction fee of 1–3%. Currency exchange kiosks at airports typically have the worst rates.
What is the interbank exchange rate?
The interbank rate is the rate at which major banks trade currencies with each other — it is the "true" mid-market rate. Retail customers pay a rate with a spread on top of this. Services like Wise (TransferWise) and Revolut aim to offer rates close to the interbank rate.
What is a good exchange rate for travel?
For travel, credit cards with no foreign transaction fee (like Chase Sapphire, Charles Schwab debit) typically offer the best rates. ATM withdrawals in local currency are usually better than airport kiosks. Always pay in the local currency when abroad — avoid "dynamic currency conversion."
What does DCC (Dynamic Currency Conversion) mean?
DCC occurs when a foreign merchant or ATM offers to charge you in your home currency instead of the local currency. Always decline and pay in the local currency — DCC rates are typically very unfavorable (3–8% worse than your card's rate).
Related Calculators
Disclaimer: Exchange rates shown are reference rates for informational purposes only and are not real-time market rates. Actual rates from banks, brokers, and exchanges will differ. Never make financial decisions based solely on this tool. Always verify current rates from your bank or a licensed forex provider.