Currency Converter
Convert currencies. With current exchange rates for euro, dollar, pound and more. Includes all common units, instant results and examples.
Note: Exchange rates are indicative and may differ from current market rates.
Note: These calculations are for informational purposes only and do not replace professional tax or financial advice. All information without guarantee.
FAQ
Frequently Asked Questions
How do currency exchange rates work?
Exchange rates show how much of one currency you get for another. EUR/USD = 1.10 means 1 euro buys 1.10 US dollars. Rates fluctuate based on economic factors, interest rates, and market sentiment.
Where do I get the best exchange rates?
Banks and online services generally offer better rates than airport kiosks or hotel exchanges. Credit cards with no foreign transaction fees often provide competitive rates. Always compare the total cost including fees.
How precise is the conversion?
Conversion factors are based on official SI units or internationally accepted standards. Precision is at least four decimal places — sufficient for everyday, professional and academic use.
Guide
Quick Answer
The currency converter converts amounts between different currencies and shows current exchange rates.
What is the Currency Converter?
The currency converter converts amounts between different currencies and shows current exchange rates.
How does the Currency Converter work?
Enter the amount and source currency. The calculator converts at the current exchange rate to the target currency. Cross rates are computed automatically.
Key Data and Facts
Major currency pairs: EUR/USD, EUR/GBP, EUR/CHF. Exchange rates fluctuate daily. Cash exchange is usually more expensive than the interbank rate (spread 1-5%).
Step-by-Step Guide
How to use the currency converter step by step: 1. Choose the source currency -- e.g. Euro (EUR), US dollar (USD), British pound (GBP), Swiss franc (CHF). 2. Choose the target currency and enter the amount. 3. Read off the result -- the converter uses current exchange rates. 4. Cross rates: If no direct rate is available, the conversion is made via a reference currency (usually USD). 5. Watch the spread: Banks and exchange offices charge a markup of 1-5 % on the interbank rate. Online brokers usually offer more favourable rates. 6. Common currency pairs for Germany: EUR/USD (approx. 1.08-1.12), EUR/GBP (approx. 0.85-0.87), EUR/CHF (approx. 0.93-0.97), EUR/TRY. 7. Tips for travelling: Pay by card abroad whenever possible (DKB, ING etc. with no foreign transaction fee), and only exchange cash once you are there. Avoid Dynamic Currency Conversion (paying in EUR abroad) -- always pay in the local currency.
Calculation Example
500 EUR to USD at a rate of 1.10: 500 * 1.10 = 550 USD. 1,000 CHF to EUR at a rate of 0.95: 1,000 / 0.95 = 1,052.63 EUR.
Sources · E-E-A-T
Official sources
Calculations are based on applicable German laws and official data:
Full methodology at Methodology.
Converters
Related Calculators
Length Converter
Convert between length units. Meters, kilometers, miles, feet, inches and more. Includes all common units, instant results and examples.
Weight Converter
Convert between weight units. Kilograms, grams, pounds, ounces and tons. Convert quickly, accurately and free online with all units.
Temperature Converter
Convert between Celsius, Fahrenheit and Kelvin. With conversion formulas. Convert quickly, accurately and free online with all units.
Inch-Centimeter Converter
Convert inches to centimeters and vice versa. Ideal for screens and technology. Convert quickly, accurately and free online with all units.