Exchange Rates.com

Understand the rate you see

ExchangeRates.com shows indicative exchange rates for information. Use it as a benchmark, not a receipt.

When you convert currencies online, you will usually see the mid-market rate, the midpoint between the buy and sell prices in the global market. Real providers may add a margin and fees, so the rate you actually get can differ.

Check the “last updated” time above, rates can move quickly.

Why your bank, card, or cash rate can be different

• Margins and fees: providers often add a markup to the rate and may charge separate fees.
• Timing: some sources update more often than others, especially outside major market hours.
• Dynamic Currency Conversion (DCC): when a merchant or ATM offers to charge you in your home currency, the rate can include extra costs.

Quick rule when travelling

If you pay by card abroad and get a choice, choose the local currency. Let your card network and issuer handle the conversion, it is usually cheaper than DCC.

FAQs

What is the mid-market rate?

It is the midpoint between the price to buy and sell a currency in the market. Many converters use it as a neutral reference rate.

Do the results include fees?

No. Fees and markups vary by bank, broker, card issuer, money transfer service, and cash exchange.

Why did the rate change since yesterday?

Exchange rates move with supply and demand and react to news, interest rates, inflation expectations, and market sentiment.

Why does an ATM or card terminal show a different amount in my home currency?

That is often DCC. It can bundle conversion into the transaction using the merchant or ATM operator’s rate, which may include extra fees. If you have a choice, pay in the local currency instead.

Can I use this rate for accounting or taxes?

For official reporting, use the rate your bank applied on the transaction, or the official rate source required by your jurisdiction.