ganak.appCurrency Converter
Convert between 150+ world currencies with daily updated mid-market exchange rates. Free currency converter with 90-day trend charts, quick reference tables, and instant cross-rate calculations. Rates sourced from Floatrates and the European Central Bank.
0.87 Euro
USD/EUR Quick Reference
Common amounts at today's rate
 USD | EUR  |
|---|---|
| $1 | €0.87 |
| $5 | €4.33 |
| $10 | €8.66 |
| $50 | €43.32 |
| $100 | €86.64 |
| $500 | €433.21 |
| $1,000 | €866.42 |
| $5,000 | €4,332.10 |
| $10,000 | €8,664.20 |
How Currency Conversion Works
Understanding exchange rates and currency conversion
Currency conversion uses exchange rates to determine how much one currency is worth in terms of another. The mid-market rate (also called the interbank rate) is the midpoint between the buy and sell prices of two currencies on the global market. This is the fairest rate available and is the one used by this converter.
Converted Amount = Amount × (To Rate / From Rate)
All rates are relative to a common base currency (USD), so cross-rates between any two currencies are derived by dividing their respective USD rates.
Mid-Market Rate vs Bank Rate
Why the rate your bank offers is different
Mid-Market Rate
- ✓The real exchange rate without markup
- ✓Used by Reuters, Google, and this converter
- ✓The midpoint between buy and sell prices
- ✓What currency traders get on the open market
Bank / Service Rate
- ✗Includes a markup (spread) of 1–5%
- ✗May include additional transfer fees
- ✗Varies between banks and services
- ✗Always less favorable than the mid-market rate
How to Use This Currency Converter
Follow these simple steps to convert between any two currencies
Enter the amount
Type the amount you want to convert in the amount field.
Select source currency
Choose the currency you are converting from using the 'From' dropdown. Search by currency code or name.
Select target currency
Choose the currency you want to convert to using the 'To' dropdown.
View your result
The converted amount, exchange rate, inverse rate, and quick reference table are displayed instantly.
Common Currency Conversion Mistakes
Avoid these pitfalls when converting or transferring money
Confusing mid-market rate with bank rate
Banks and exchange services add a markup (spread) to the mid-market rate. The rate shown here is the mid-market rate — the real exchange rate without any markup. Your bank may offer a less favorable rate.
Ignoring fees and commissions
Even if the exchange rate looks good, services often charge transfer fees, commissions, or hidden markups. Always compare the total cost, not just the rate.
Using outdated rates for large transactions
Exchange rates fluctuate constantly. For large amounts, check the rate close to when you actually make the transaction. Rates shown here are updated daily.
Not comparing multiple providers
Different banks, money transfer services, and forex bureaus offer different rates. Always compare at least 2–3 providers before making a transfer.
Frequently Asked Questions
Common questions about currency conversion and exchange rates