Frequently Asked Questions (FAQ)

What is an exchange rate?

An exchange rate is the value of one currency compared to another. For example, if the USD/EUR rate is 0.85, it means $1 equals €0.85.

How accurate are your exchange rates?

Our rates are updated daily from reliable financial data providers. However, actual exchange rates may vary depending on your bank or money exchange service due to fees and commissions.

Why is the exchange rate I get different from what I see here?

Banks and currency exchange services add fees, commissions, and profit margins to the market rate. Our rates show the "mid-market" rate without any markup.

How often do exchange rates change?

Exchange rates fluctuate constantly based on supply and demand, economic news, and geopolitical events. We update our rates daily to reflect these changes.

Can I use this calculator for business purposes?

Yes, our converter is free for personal and business use. However, for financial transactions, always verify rates with your bank or payment provider.

Do you charge any fees?

No! Our currency converter is 100% free to use. We are supported by advertising.

How many currencies do you support?

We support 180+ world currencies, including all major currencies like USD, EUR, GBP, JPY, CNY, and many more.

Can I access historical exchange rates?

Currently, we display only current exchange rates. We may add historical data in future updates.