Currency converter

Our  free currency converter is here to help you stay on top of exchange rates, whether you’re planning a vacation, making an online purchase, or conducting global business.

Page written by AI. Reviewed internally on June 20, 2024.


This calculator is intended for illustration purposes only and exact payment terms should be agreed with a lender before taking out a loan.

Your results

Converted amount

€ 0

Get a quote

What is a currency converter?

A currency converter is a tool that allows you to quickly and easily convert one currency into another. It uses the current exchange rates to calculate the equivalent amount of money in different currencies.

Currency converters are commonly used by travellers, businesses, and anyone needing to understand the value of money across different countries and provide a convenient way to stay updated on currency values and make informed financial decisions.

Why use a currency converter?

Using a currency converter is helpful for several reasons:

  • Travel planning: It assists you in understanding how much your money is worth in another country, allowing you to budget more effectively.
  • Business transactions: It makes international business easier by allowing companies to convert currencies accurately when dealing with cross-border transactions.
  • Online shopping: It assists you in comparing prices and determining the cost of goods in your local currency when shopping from international websites.
  • Investment decisions: It helps investors and financial analysts assess the value of foreign investments by converting returns into their home currency.
  • Personal finance management: It assists you in managing your finances better when you have income or expenses in different currencies.

What is an exchange rate?

An exchange rate is the value at which one currency can be exchanged for another. It determines how much of one currency you will receive in exchange for a unit of another currency.

Exchange rates fluctuate based on factors such as economic conditions, interest rates, and market demand for currencies. They are essential in international trade and finance, as they influence the cost of goods, services, and investments across different countries.

When is the best time to exchange money?

The best time to exchange money depends on several factors, including the current exchange rates, market conditions, and your specific needs. Exchange rates can fluctuate due to economic news, geopolitical events, and changes in market demand.

Monitoring these factors and consulting with financial experts or using tools like currency trackers can help you make a more informed decision. Additionally, planning ahead and avoiding last-minute exchanges at airports or tourist locations, where rates are typically less favourable, can also be beneficial.

Ready to grow your business?

Clever finance tips and the latest news

delivered to your inbox, every week

Join the 70,000+ businesses just like yours getting the Swoop newsletter.

Free. No spam. Opt out whenever you like.

We work with world class partners to help us support businesses with finance

Looks like you're in . Go to our site to find relevant products for your country. Go to Swoop No, stay on this page