Are these rates the same as banks?

Rates shown are mid-market (interbank). Your bank or card will add 1-4% margin. Use these as a benchmark.

Currency Converter Live — USD INR EUR GBP Exchange Rates 2025

Q: How often are exchange rates updated?

Rates are updated every hour from open.er-api.com which aggregates market data from major financial sources.

Q: Is this currency converter free?

Yes, 100% free with no signup, no ads, no daily limit. Use as many conversions as you need.

How to Use This Currency Converter

Enter an amount in the "From" field.
Pick your source currency (e.g. USD).
Pick the target currency (e.g. INR).
Read the converted amount instantly. Click the ⇄ button to swap.

About Our Exchange Rates

We pull mid-market exchange rates — the midpoint between buy and sell prices in the global forex market. This is the "true" exchange rate banks use among themselves, before adding margins.

Rates are sourced from open.er-api.com, which aggregates data from European Central Bank and other authoritative financial institutions. Updates happen every hour.

Why Bank Rates Are Different

When you actually exchange money at a bank, airport counter, or via your credit card abroad, you'll get a worse rate than what's shown here. Here's why:

Banks add a margin — typically 1-4% on retail forex.
Card networks (Visa/Mastercard) add 1-3% on top of inter-bank rates.
Foreign transaction fees — most Indian credit cards charge 3.5% FX markup.
Airport kiosks worst — they often charge 5-10% margin plus flat fees.

Best places to exchange currency (best to worst rate)

Wise (formerly TransferWise) — mid-market rate + tiny fee. Best for transfers.
Forex card from your bank — pre-load INR converted at decent rate, swipe abroad with no FX markup.
Bank wire transfer — 1-2% margin, fixed fee.
Credit card abroad — 3-3.5% markup but earns rewards.
Airport / hotel counter — avoid. 5-10% loss.

USD to INR — Long-term Trends

The Indian rupee has steadily depreciated against the US dollar over decades. In 2000, 1 USD = ₹44. In 2015, ₹65. By 2020, ₹74. By 2025, hovering around ₹83-85. This is normal for developing economies with higher inflation than the US.

Currency Codes Quick Reference

USD — US Dollar 🇺🇸
INR — Indian Rupee 🇮🇳
EUR — Euro 🇪🇺
GBP — British Pound 🇬🇧
JPY — Japanese Yen 🇯🇵
AUD — Australian Dollar 🇦🇺
CAD — Canadian Dollar 🇨🇦
AED — UAE Dirham 🇦🇪
SGD — Singapore Dollar 🇸🇬
CHF — Swiss Franc 🇨🇭
CNY — Chinese Yuan 🇨🇳

Frequently Asked Questions

How often are exchange rates updated?

Rates are updated every hour from open.er-api.com, which aggregates market data from European Central Bank and other major financial sources.

Are these the same rates I'll get at the bank?

No. We show mid-market (interbank) rates. Your bank or card will add a 1-4% margin. Use these as a benchmark to know if your bank is giving you a fair deal.

Is this currency converter free?

Yes, 100% free with no signup, no ads, no daily limit. Convert as many times as you need.

What's the difference between mid-market and tourist rate?

Mid-market is the wholesale rate between large banks. Tourist rate (at airports, kiosks) adds 3-10% margin. Always check mid-market first to know how much you're being charged.

Can I convert cryptocurrencies here?

This tool covers fiat currencies only. For crypto prices, use our live Crypto Tracker.

Why does my converted amount differ from Google?

Different providers refresh rates at slightly different times. The variation is usually under 0.1%. For any large transfer, always check the actual rate your bank or transfer service offers before initiating.

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