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Currency Converter

This converter exchanges amounts between 31 world currencies — from the US dollar, euro, and British pound to the Romanian leu, Indian rupee, and Turkish lira — using the European Central Bank's daily reference rates. These are mid-market rates published once per business day, with no retail spread, so they show what a currency is actually worth rather than what a bank will charge you.

In EUR
92.00EUR
100 USD = 92.00 EUR
Rate
0.9200
1 USD in EUR
Inverse
1.0870
1 EUR in USD
You send
$100.00
USD
They receive
€92.00
EUR
Rate
1 USD = 0.9200 EUR
Snapshot mid-market rates
Amount
From
To
Mid-market, not what you'll pay
This is the ECB reference rate — the mid-market rate banks quote each other, with no spread added. A bank, card, or airport kiosk typically adds a markup, so expect a little less than the figure shown.
Published once a day
The ECB sets these reference rates once each business day, so the number reflects the latest reference date rather than a live, second-by-second market tick.
Ask a follow-up
Uses your inputs above
92.00 in eur. Want to try a variation?

The math

Reviewed 2026
Formula
out = (amount / rate_from) · rate_to
Mid-market ECB reference rates, no FX spread

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Example: how currency is calculated

Step-by-step with default inputs

Suppose you put the default values into Currency Converter:

Amount
100
From
US Dollar ($)
To
Euro (€)

Plug those into the formula out = (amount / rate_from) · rate_to and the result is:

In EUR
92.00EUR

How does the currency converter work?

All conversions run through the European Central Bank's euro foreign exchange reference rates, the daily rates the ECB publishes for major currencies. Those rates come from a daily concertation procedure between European central banks and are normally published around 16:00 CET on every working day. They are mid-market rates — the midpoint between wholesale buy and sell prices — with no retail spread built in. To convert, the calculator divides your amount by the from-currency rate to reach a common base, then multiplies by the to-currency rate: out = (amount / rate_from) × rate_to, the same cross-rate arithmetic used throughout foreign exchange. It deliberately excludes card markups, transfer fees, and weekend movements, since reference rates exist only for business days.

References: ECB reference rates (mid-market).

Last reviewed July 2, 2026 · Editorial policy

Frequently asked questions

Does this converter show live rates or a saved snapshot?

It loads a recent saved snapshot first, so a result appears instantly, then refreshes to the latest published ECB reference rates in the background once the page loads. Before that refresh finishes — or if you are offline — the snapshot rate is what you see.

How often do the exchange rates update?

Once per business day. The ECB publishes reference rates around 16:00 CET on working days; on weekends and holidays the most recent business-day rate carries over unchanged.

What is a mid-market rate?

The midpoint between the buy and sell prices quoted in the wholesale currency market. It is the fairest single number for a currency pair, but not a rate consumers can transact at directly.

Why does my card or bank give a worse rate than this?

Because banks and card networks add a spread or markup on top of the mid-market rate, often plus a separate foreign transaction fee. The ECB reference rate contains no spread, so real-world quotes are typically somewhat worse.

Can I use ECB reference rates for actual transactions?

No — the ECB publishes them for information purposes only and discourages using them for transactions. Treat them as a benchmark for judging the rate your bank or exchange service offers.

What does this calculator assume?

Mid-market ECB reference rates, no FX spread See the math card above for the full list.