Currency converter and exchange rates
Using our currency converter
Use our currency converter to get the latest exchange rates. Simply change the currencies in the form above and the exchange rate will update.
Our handy, modern currency app lets you:
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Alternatively, use the graph below to check the exchange rate in the past 7 days, 1 month, or 1 year.
Mid-market Rate:1 EUR = 1.137851 USD Mid-market rate at: 14:43 UTC
Exchange rates explained
An exchange rate is the value of one currency when converting it to another currency.
For example, the US dollar-to-pound sterling exchange rate is how many pounds sterling you would get in exchange for one dollar.
For you, this means that when you are sending money abroad, for example from the US to the UK, you are essentially buying pounds with your dollars.
Finding and getting the best exchange rate
Using our is the easiest way to find out how to get the best exchange rates for your money transfer.
We scour the market to find the best deals from the biggest providers, helping you to compare them by the exchange rates offered, transfer fees, transfer times, and more.
To get started, simply fill in the form below and get the best rates for your transfer.
Compare and get the best exchange rate
But to give yourself the biggest chance of getting a favorable rate on your transfer, we would recommend you also:
Check the mid-market rate
Exchange rates fluctuate by the minute, so if you know you’ll be sending money along a specific route sometime in the future, staying on top of movements can help you time your transfer and get a better rate
Sign up for rate alerts
MoneyTransfers.com rate alerts can help you do this, giving you weekly, bi-weekly, or monthly updates for as many currency pairs as you choose
Choose the right provider
Ensuring you have the right provider for your transfer needs helps you keep costs low, whether it’s for specific payment or delivery methods or friendlier rates for the amount you want to send
Need to take currency abroad?
Xe exchange rates
Use the tabs to switch between different amounts.
Live Exchange Rates
Best Currency Brokers in 2026
Before diving deeper into the exchange brokers, here’s a quick overview of who will benefit from using a currency broker.
How to get British Pounds in the USA
Before you buy your pounds, you should make sure you’re getting the best deal. To save money, consider using cheaper ways to exchange currencies, such as opening a multi-currency account.
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How to get Mexican pesos in the USA
Before you transfer your dollars into pesos, you need to understand the different ways you can exchange to make sure you get the best deal. The easiest and cheapest way to purchase and use pesos is by opening a multi-currency account.
How to get Japanese Yen in the US
Before exchanging your dollars for Japanese yen, you should check the different ways you can buy them to make sure you get the best deal. Multi-currency accounts are the cheapest and most convenient way to get Japanese yen and spend them overseas.
How to Get Euros in the US
To find the best place to get euros in the US, you need to understand the various options available to you. Smart travelers who want to save money and time prefer the multi-currency account instead of going to banks or using airport currency exchanges.
How to get Canadian Dollars in the US
Before exchanging your American dollars for Canadian dollars, you should make sure you’re getting the best deal. Exchanging dollars using traditional methods can be costly. But using online multi-currency accounts is easier and cheaper for spending money abroad.
Mid-market exchange rates
The mid-market exchange rate, sometimes known as the interbank rate, is the midpoint between the buying and selling price for each currency involved in the transaction.
It’s essentially the standard exchange rate for the transaction, determined by natural market forces and agreed upon by the world’s major banks.
Some providers such as Wise offer the mid-market exchange rate for their money transfers, and this will likely be the best rate on offer for your transfer.
Other providers may add a small margin to their exchange rates, which lets them make a profit off of the conversion. However, some might publish these openly, for example, XE publicly shows their rates, whereas others will hide it.
To get a good deal, you need to know the current mid-market rate, which you can find in the table below (for EUR/USD pair).
| EUR | USD Price |
|---|---|
| 1 EUR | 1.14 |
| 5 EUR | 5.69 |
| 10 EUR | 11.38 |
| 25 EUR | 28.45 |
| 50 EUR | 56.89 |
| 100 EUR | 113.79 |
| USD | EUR Price |
|---|---|
| 1 USD | 0.88 |
| 5 USD | 4.39 |
| 10 USD | 8.79 |
| 25 USD | 21.97 |
| 50 USD | 43.94 |
| 100 USD | 87.89 |
Currency forecasts
Unsure when is the right time to buy your currency? Use these currency forecasts to get an idea of what is happening on the market.
USD to CAD Forecast
USD to CAD has been sliding, but it is now sitting in an area where the market often pauses.
GBP to USD Forecast
Right now, GBP to USD is sitting in the mid 1.33s after a sharp bounce from the 1.30 area. The market has been jumpy, but the bigger picture is a “back and forth” pattern rather than a clear one way trend.
USD to EUR Forecast
Right now, the USD has softened overall, which has helped the euro stay relatively strong. That means one US dollar is generally buying fewer euros than earlier in 2025, even if moves have been choppy day to day.
GBP to EUR Forecast
GBP to EUR has pushed higher recently and is hovering around the mid 1.14s. The move reflects a modest Pound bounce rather than a big, confident trend.
GBP to CAD Forecast
At the start of 2025, GBP to CAD is sitting in a familiar tug of war. Sterling has had bursts of strength, but the Canadian dollar has proved it can fight back quickly.
USD to PHP Forecast
Right now, the peso is weak and the US dollar is expensive. USD to PHP has been trading around the high 58s to low 59s, with recent prices pushing to fresh record lows for PHP near 59.22 per $1.
USD to MXN Forecast
USD to MXN has been sliding, meaning the Mexican peso has been gaining value against the US dollar. The pair is trading around the high 17s to low 18s, near the lower end of its recent multi month range.
EUR to TRY Forecast
EUR/TRY is trading close to multi year highs, sitting around 49.7 and pressing up against the big, round 50 level. The broader move has been steady for months, meaning one euro has been buying more Turkish lira over time.
EUR to CAD Forecast
EUR to CAD has turned softer recently, meaning one euro has been buying fewer Canadian dollars than it did earlier. The pair is sitting below a previously important support area, which often signals that sellers still have the upper hand.
USD to COP Forecast
After a softer Colombian peso session, USD to COP is sitting near 3,770. That means it now takes about 3,770 pesos to buy 1 US dollar, and the near term tone has tilted slightly in favor of the dollar.
USD to AUD Forecast
Right now, the USD to AUD rate is sitting near an important turning point. The Australian dollar has recently strengthened, meaning one US dollar has been buying fewer Australian dollars than it did a few weeks ago.
USD to TWD Forecast
A quick snapshot before the forecast.USD to TWD has been choppy, with the Taiwan dollar no longer under heavy selling pressure, but still not getting strong, steady support either. The near-term tone is slightly USD-favorable, meaning it is a bit easier for USD to buy TWD than it was during the TWD’s stronger stretches.
USD to INR Forecast
Right now, USD to INR is trading around a historic zone after the rupee weakened past 90 per US dollar in December 2025. Since May, the rupee has fallen sharply, but it has also shown quick rebounds when the Reserve Bank of India (RBI) steps in.
Exchange rate margin and markup
An exchange rate margin or markup is an extra charge incorporated into the exchange rate given by some money transfer providers.
You’ll be able to notice the difference between the rate provided by your provider and the mid-market rate - the extra they’ve added on is essentially a profit margin.
Money transfer services usually make their profit in two ways;
Either by adding an exchange rate margin as described above.
Or charging a transfer fee.
Transfer fees are generally more transparent as you’ll see the fee upfront, while exchange rate markups or margins can sometimes hide the additional cost charged by the provider.
Of course, some providers charge both - and it can sometimes vary by payment method, amount you’re sending, the currencies involved, and more.
A bit more on currency conversions
Who decides the exchange rate?
The mid-market exchange rate settles in naturally when the world’s biggest banks and financial institutions set their buying and selling prices for the two given currencies.
It is almost impossible to get the exact mid-market rate because it constantly fluctuates, however, major banks will collect this information and publish it for the public.
For example, the Bank of England provides the rates, as well as the European Central Bank.
However, money transfer providers are free to charge their rates.
What affects the exchange rate?
Exchange rates can be affected by a multitude of factors, which is partly what makes them so volatile and hard to predict.
It’s primarily based on supply and demand and depends on its perceived value on the global market.
However, the following things can influence exchange rate movements:
The individual currency values
The economic actions and behaviors of a country's government or banks
The levels of public or government debt
The level of inflation and interest rates, and the general state of the economy
Speculation and confidence in a country’s economy or government
How can I follow exchange rates for different currencies?
MoneyTransfers.com offers convenient exchange rate alerts for any currency pair of your choosing.
Simply find your preferred currency pair below and click through, and you’ll be able to sign up for rate alerts directly to your inbox either once a week, once every two weeks, or once a month.
How do changes in the economy affect exchange rates?
Changes in an economy directly influence exchange rates.
Economic factors like inflation rates, interest rates, public debt, and economic performance can lead to appreciation or depreciation of a currency.
For instance, a country with a robust economy will likely see its currency value increase.
Why do exchange rate fluctuate?
Exchange rates fluctuate due to constant changes in the supply and demand of currencies on the foreign exchange market.
These changes are driven by international trade, tourism, speculation, geopolitical events, and macroeconomic factors, among others.
What is the difference between a 'buy' and 'sell' rate in currency exchange?
The 'buy' rate is the rate at which a currency exchange provider will buy foreign currency from you, and the 'sell' rate is the rate at which they will sell that currency to you.
The difference between these rates, known as the spread, is how most exchange services make a profit.
How do I convert one currency to another?
You can convert one currency to another using our currency converter, through a bank, or a currency exchange service.
Always be mindful of the current exchange rate and any potential fees.
Help & FAQ
Get answers to the most common questions asked when sending money abroad. Covers costs, fees and the best way to compare.
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More currency exchange guides
What is the Mid Market Rate?
In other words, the mid-market exchange rate is the middle point between the price for buying and selling currencies at any given time and is therefore naturally set by the market as it fluctuates.
Forward Exchange Contract
Forward contracts are made between two parties without the need for another organization (such as an exchange or clearing house) to act as an intermediary.
How to Find the Best Exchange Rate
Finding the best exchange rate for your international money transfer is easier by doing the following:
Foreign Exchange Risks
When dealing with foreign currencies, business owners often tap into currency forecasts to anticipate potential market fluctuations, but it is no easy task.
Please share your experience with …