Convert foreign currencies

Currency Converter - current exchange rates

Thema Exchange rates ﹣ Calculator

The exchange rate calculator displays the euro exchange rates of the European Central Bank (ECB), which are updated and published at 3 p.m. (GMT) on every business day. These rates are based on the regular reconciliation procedure between central banks in Europe and worldwide at 1:15 p.m. (GMT). Using the foreign exchange calculator, you can convert any amount of money using the current exchange rates of many different currencies.

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More information on foreign exchange and the foreign exchange converter

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User guide for converting foreign currencies

Enter the amount to be converted in the currency converter and select the currency from and to which this amount is to be converted. You can use the reverse button to exchange the respective currencies. For example, instead of converting EUR into USD, the given amount is then converted from U.S. dollars into Euros. Additional useful information is hidden behind the question and exclamation marks in the currency calculator.

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Current currency table based on ECB's euro reference rates

The following table shows you the equivalent values of the currencies of some English-speaking countries based on the daily Euro reference rates published by the European Central Bank (ECB) on each business day (as of Sep 29, 2022).

Currency / Foreign exchange International abbreviation Value in
Australian Dollar (AUD) British Pound (GBP) Indian Rupee (INR) New Zealand Dollar (NZD) U.S. Dollar (USD) South African Rand (ZAR)
Australian Dollar (AUD) AUD 1.0000 0.5973 52.9395 1.1374 0.6478 11.6450
Brazilian Real (BRL) BRL 0.2853 0.1704 15.1014 0.3244 0.1848 3.3218
British Pound (GBP) GBP 1.6742 1.0000 88.6338 1.9042 1.0847 19.4967
Bulgarian Lew (BGN) BGN 0.7660 0.4575 40.5532 0.8713 0.4963 8.9204
Canadian Dollar (CAD) CAD 1.1270 0.6731 59.6615 1.2818 0.7301 13.1237
Chinese Yuan Renminbi (CNY) CNY 0.2164 0.1293 11.4578 0.2462 0.1402 2.5203
Croatian Kuna (HRK) HRK 0.1990 0.1189 10.5359 0.2264 0.1289 2.3176
Czech Crown (CZK) CZK 0.0607 0.0362 3.2128 0.0690 0.0393 0.7067
Danish Crown (DKK) DKK 0.2015 0.1203 10.6655 0.2291 0.1305 2.3461
Euro (EUR) EUR 1.4982 0.8949 79.3140 1.7040 0.9706 17.4466
Hong Kong Dollar (HKD) HKD 0.1966 0.1174 10.4098 0.2236 0.1274 2.2898
Hungarian Forint (HUF) HUF 0.0036 0.0021 0.1880 0.0040 0.0023 0.0413
Icelandic Crown (ISK) ISK 0.0107 0.0064 0.5661 0.0122 0.0069 0.1245
Indian Rupee (INR) INR 0.0189 0.0113 1.0000 0.0215 0.0122 0.2200
Indonesian Rupiah (IDR) IDR 0.0001 0.0001 0.0054 0.0001 0.0001 0.0012
Israeli Shekel (ILS) ILS 0.4352 0.2600 23.0417 0.4950 0.2820 5.0684
Japanese Yen (JPY) JPY 0.0107 0.0064 0.5647 0.0121 0.0069 0.1242
Malaysian Ringgit (MYR) MYR 0.3330 0.1989 17.6285 0.3787 0.2157 3.8777
Mexican Peso (MXN) MXN 0.0765 0.0457 4.0512 0.0870 0.0496 0.8911
New Zealand Dollar (NZD) NZD 0.8792 0.5251 46.5458 1.0000 0.5696 10.2386
Norwegian Crown (NOK) NOK 0.1433 0.0856 7.5885 0.1630 0.0929 1.6692
Philippine Peso (PHP) PHP 0.0263 0.0157 1.3949 0.0300 0.0171 0.3068
Polish Zloty (PLN) PLN 0.3085 0.1842 16.3298 0.3508 0.1998 3.5921
Romanian Leu (RON) RON 0.3028 0.1808 16.0292 0.3444 0.1962 3.5259
Singapore Dollar (SGD) SGD 1.0731 0.6410 56.8111 1.2205 0.6952 12.4967
South African Rand (ZAR) ZAR 0.0859 0.0513 4.5461 0.0977 0.0556 1.0000
South Korean Won (KRW) KRW 0.0011 0.0006 0.0571 0.0012 0.0007 0.0126
Swedish Crown (SEK) SEK 0.1367 0.0817 7.2380 0.1555 0.0886 1.5921
Swiss Franc (CHF) CHF 1.5708 0.9382 83.1558 1.7865 1.0176 18.2917
Thai Baht (THB) THB 0.0406 0.0242 2.1468 0.0461 0.0263 0.4722
Turkish Lira (TRY) TRY 0.0832 0.0497 4.4063 0.0947 0.0539 0.9693
U.S. Dollar (USD) USD 1.5436 0.9220 81.7165 1.7556 1.0000 17.9751
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General information on the exchange rate

The exchange rate is the official exchange rate of two currencies (foreign exchange). Each foreign currency has a specific exchange rate. The most important foreign currencies are usually traded on the respective foreign exchange markets and officially quoted on the foreign exchange exchanges. The exchange rates are normally available for all foreign currencies. However, the exchange rates of two other currencies can be used to calculate them. The U.S. Dollar or Euro is then usually considered to be the lead currency or vehicle currency.

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Price and Quantity Quotation

In order to express the interrelation between two currencies, price quotation (the price per unit of a foreign currency expressed in euros) and quantity quotation (the price per euro expressed in units of foreign currency) are differentiated. Price quotation is now used consistently across the EU. The exchange rate is always shown as the quantity of foreign currency exchanged for one euro.

Example price quotation 0,914 Euro = 1 U.S. Dollar
Example quantity quotation1,0944 U.S. Dollar = 1 Euro
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Upgrading und downgrading of the exchange rate

If the exchange rate changes, i.e. the price used to exchange two currencies is called the upgrading or downgrading of the respective currency. For example, this can be caused by massive buying or selling of currencies by central banks in order to regulate the currencies accordingly. This may be necessary, to avoid growth differences between countries. This may be necessary to avoid growth differences between countries, for example, the political stability, interest rate levels, inflation or foreign trade problems of these countries. The foreign exchange can also be devalued or revalued as a result of speculative transactions of international investors

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Exchange rates are based on different quotations used in the currency calculator

Exchange rates of currencies are usually obtained from the foreign exchange market and they are not consistent:

  • The exchange rate quoted as the buying rate will be the (lower) buying rate of banks and forex traders.
  • The exchange rate as offered price is the (higher) selling rate.
  • The average exchange rate between the two is referred as the middle rate.
  • The difference between the buying and selling rate is called the spread.

Also, the exchange rate may fluctuate based on the transaction on the foreign exchange spot market or forward market. The exchange rates for foreign currencies (banknotes and coins) also tend to deviate significantly from the exchange rates due to higher transaction prices.

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Quotations for the Euro reference rate of the ECB

As mentioned above, at 14:15 each business day, the euro reference rate is determined by a voting procedure between national and international central banks. The price quotation is then fixed at a specific time of day, unlike the continuous quotations on the foreign exchange markets.

Source information

As source for the information in the "Exchange rates" category, we have used in particular:

Last update on September 30, 2022

The pages of the "Exchange rates" category were last editorially reviewed by Stefan Banse on September 30, 2022. They all correspond to the current status.

Previous changes on October 25, 2021

  • September 30, 2022: Daily update of exchange rates in the currency converter.
  • Editorial revision of all texts in this category