World currency online converter

These currency charts use live mid-market rates, are easy to use, and are very reliable. Need to know when a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. Check live rates, send money securely, set rate alerts, receive notifications and more. Scan me! Over 70 million downloads worldwide. The World's Trusted Currency Authority Check exchange rates, send money internationally, and free currency tools.

Convert Send Charts Alerts. We use midmarket rates These are derived from the mid-point between the "buy" and "sell" transactional rates from global currency markets.

They are not transactional rates. Learn more. EUR — Euro. How to transfer money in 3 easy steps. While modern currency is physically represented by coins and paper bills, most large-scale currency transactions are done electronically.

Modern technology utilizes sophisticated currency exchange mechanisms and systems to exchange currencies between digital accounts rather than physically.

Even the exchange of currency for everyday goods and services such as groceries or haircuts involves physical currencies less and less due to the growing popularity of debit cards, credit cards, and mobile payments.

Cryptocurrencies are digital currencies operating independently of a central bank or authority, in which encryption techniques are used to regulate the generation of units of currency as well as to verify the transfer of funds.

The current technology behind cryptocurrencies is called blockchain, which is a decentralized ledger of all transactions across a peer-to-peer network. A prominent feature of blockchain is that participants can confirm transactions without the need for a central clearing authority, such as a central bank or government. The value of cryptocurrencies fluctuates, just like a regular currency, and they can be traded in the same way as any other currency.

Some experts say that there is a slight chance that cryptocurrencies become the currency of the future. For the purposes of this calculator, Bitcoin is the only cryptocurrency available for conversion at the moment.

Currencies used in different countries are rarely, if ever, exactly equal in value. As a result, exchange rates the rate at which a currency is exchanged for another exist to enable the equal exchange of currencies. Real-time exchange rates are supplied by the foreign exchange market forex , the same place where most currency transactions take place. The forex is a global, decentralized, over-the-counter market for the trading of currencies.

Each day, trillions of dollars US worth of currency are traded. The market functions at high speeds, with exchange rates changing every second. The most common forex transactions are exchanges between the U. A forex quote always consists of two currencies, a base currency and a quote currency, sometimes called the counter currency.

The following is an example of a forex quote:. The base currency always equals exactly one. Our latest currency calculator is a direct descendent of the fast and reliable original "Universal Currency Calculator" and of course it's still free!

Learn more about Xe , our latest money transfer services, and how we became known as the world's currency data authority. Xe Currency Converter Check live foreign currency exchange rates. Convert Send Charts Alerts. We use midmarket rates These are derived from the mid-point between the "buy" and "sell" transactional rates from global currency markets.

They are not transactional rates. Learn more. EUR — Euro. Xe Live Exchange Rates Inverse. The world's most popular currency tools.

Xe International Money Transfer. Send money.