About Our Currency Converter
Our free currency converter provides live exchange rates for 174 world currencies. Convert any amount between currencies including USD, EUR, GBP, INR, AED, JPY, CNY, and many more. All rates are updated hourly from global financial markets.
We use mid-market exchange rates, which represent the midpoint between buying and selling rates on the global currency markets. This is the fairest rate available and the same rate you see on Google Finance or Reuters, without any markup or hidden fees.
Why Use MarketsHost Currency Converter?
- 174 Currencies: Convert between any of 174 world currencies including major, minor, and exotic pairs
- Real-Time Rates: Exchange rates updated every hour from live market data sourced from 15+ global banks
- Mid-Market Rates: Fair rates without bank markups or hidden fees (typically 2-4% markup at banks)
- Free to Use: No registration required, no conversion limits, completely free forever
- Mobile Friendly: Works perfectly on any device - phone, tablet, or desktop
- Geo-Personalized: Automatically detects your location for relevant default conversions
Use this tool for travel planning, international shopping, forex trading research, or comparing money transfer services. For the most accurate conversions, always check the final rate offered by your bank or money transfer provider, as they may add their own margin to the mid-market rate.
Frequently Asked Questions
How does the currency converter work?
Our currency converter uses real-time mid-market exchange rates updated hourly from global financial markets. Enter an amount, select your currencies, and get instant conversion results based on current rates without any hidden fees or markups.
How often are exchange rates updated?
Exchange rates on MarketsHost update every hour at the top of the hour. Currency markets operate 24/5 (Monday-Friday), so rates can change continuously throughout each trading day based on market conditions.
What is a mid-market exchange rate?
The mid-market rate is the midpoint between the buy and sell prices of two currencies in the forex market. It's the fairest exchange rate available and the same rate you see on financial platforms like Google Finance or Bloomberg, with no markup added.
Why is the bank rate different from your rate?
Banks add a markup (typically 2-4%) on top of the mid-market rate shown here. This markup is their profit margin. For example, if the mid-market USD-EUR rate is 0.92, a bank might offer 0.89 (3% worse rate).
Can I use this for business transactions?
Yes, our converter is suitable for reference in business transactions. However, always confirm the final rate with your financial institution or payment provider as they may apply their own margins and fees for commercial transactions.
Which currencies are supported?
We support 174 world currencies including all major currencies (USD, EUR, GBP, JPY, CNY), regional currencies (AED, INR, SGD), and exotic pairs. This covers 99% of global forex trading volume.
Is this currency converter free?
Yes, completely free with no registration required and no conversion limits. You can perform unlimited currency conversions 24/7 for personal or business reference.
How accurate are these exchange rates?
Our rates are sourced from live market data from 15+ global banks and are accurate within 0.03% of the actual mid-market rate. Rates are refreshed every hour to ensure current data.