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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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.

Current currency table based on ECB's euro reference rates (as of Jan 21, 2022)

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.

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 0.5302 53.5178 1.0704 0.7194 10.8752
Brazilian Real (BRL) BRL 0.2542 0.1348 13.6021 0.2720 0.1828 2.7641
British Pound (GBP) GBP 1.8861 1.0000 100.9398 2.0188 1.3569 20.5118
Bulgarian Lew (BGN) BGN 0.8065 0.4276 43.1634 0.8633 0.5802 8.7711
Canadian Dollar (CAD) CAD 1.1100 0.5885 59.4040 1.1881 0.7985 12.0714
Chinese Yuan Renminbi (CNY) CNY 0.2192 0.1162 11.7337 0.2347 0.1577 2.3844
Croatian Kuna (HRK) HRK 0.2095 0.1111 11.2140 0.2243 0.1507 2.2788
Czech Crown (CZK) CZK 0.0648 0.0344 3.4673 0.0693 0.0466 0.7046
Danish Crown (DKK) DKK 0.2119 0.1124 11.3419 0.2268 0.1525 2.3048
Euro (EUR) EUR 1.5774 0.8363 84.4190 1.6884 1.1348 17.1546
Hong Kong Dollar (HKD) HKD 0.1785 0.0946 9.5529 0.1911 0.1284 1.9412
Hungarian Forint (HUF) HUF 0.0044 0.0023 0.2357 0.0047 0.0032 0.0479
Icelandic Crown (ISK) ISK 0.0108 0.0057 0.5798 0.0116 0.0078 0.1178
Indian Rupee (INR) INR 0.0187 0.0099 1.0000 0.0200 0.0134 0.2032
Indonesian Rupiah (IDR) IDR 0.0001 0.0001 0.0052 0.0001 0.0001 0.0011
Israeli Shekel (ILS) ILS 0.4422 0.2345 23.6680 0.4734 0.3182 4.8095
Japanese Yen (JPY) JPY 0.0122 0.0065 0.6537 0.0131 0.0088 0.1328
Malaysian Ringgit (MYR) MYR 0.3320 0.1760 17.7694 0.3554 0.2389 3.6109
Mexican Peso (MXN) MXN 0.0679 0.0360 3.6352 0.0727 0.0489 0.7387
New Zealand Dollar (NZD) NZD 0.9343 0.4953 49.9994 1.0000 0.6721 10.1603
Norwegian Crown (NOK) NOK 0.1569 0.0832 8.3980 0.1680 0.1129 1.7065
Philippine Peso (PHP) PHP 0.0271 0.0144 1.4512 0.0290 0.0195 0.2949
Polish Zloty (PLN) PLN 0.3481 0.1845 18.6281 0.3726 0.2504 3.7854
Romanian Leu (RON) RON 0.3190 0.1691 17.0706 0.3414 0.2295 3.4689
Russian Ruble (RUB) RUB 0.0182 0.0096 0.9721 0.0194 0.0131 0.1975
Singapore Dollar (SGD) SGD 1.0337 0.5481 55.3204 1.1064 0.7436 11.2415
South African Rand (ZAR) ZAR 0.0920 0.0488 4.9211 0.0984 0.0662 1.0000
South Korean Won (KRW) KRW 0.0012 0.0006 0.0624 0.0012 0.0008 0.0127
Swedish Crown (SEK) SEK 0.1515 0.0803 8.1063 0.1621 0.1090 1.6473
Swiss Franc (CHF) CHF 1.5236 0.8078 81.5406 1.6308 1.0961 16.5697
Thai Baht (THB) THB 0.0422 0.0224 2.2597 0.0452 0.0304 0.4592
Turkish Lira (TRY) TRY 0.1036 0.0549 5.5455 0.1109 0.0745 1.1269
U.S. Dollar (USD) USD 1.3900 0.7370 74.3911 1.4878 1.0000 15.1168

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.

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

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.

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 January 21, 2022

The pages of the "Exchange rates" category were last editorially reviewed by Stefan Banse on January 21, 2022. They all correspond to the current status.

Previous changes on October 25, 2021

  • January 21, 2022: Daily update of exchange rates in the currency converter.
  • Editorial revision of all texts in this category