Convert between 160+ currencies using live exchange rates.
A currency exchange rate is the value of one currency expressed in terms of another. For example, if the USD to PHP rate is 56, it means 1 US Dollar equals 56 Philippine Pesos. Exchange rates fluctuate constantly based on economic conditions, trade, inflation, and market sentiment.
Exchange rates are influenced by many factors including interest rates set by central banks, inflation levels, political stability, economic performance, and supply and demand for currencies in the foreign exchange market. Major economic events like elections, trade deals, or financial crises can cause significant rate movements.
Banks and exchange services offer two rates — a buying rate (what they pay you for foreign currency) and a selling rate (what they charge you). The difference is called the spread, which is how they profit from currency exchange.
Our rates are updated daily using live market data. For large transactions, always confirm the current rate with your bank or exchange provider.
The base currency is the first currency in a currency pair. For example, in USD/PHP, USD is the base currency. The exchange rate tells you how much of the second currency (PHP) you get per unit of the base currency (USD).