Currency Converter
This converter has no live rates. You enter the amount and the exchange rate your bank, card or rate source gave you, plus any fee, and it shows what arrives, the effective rate and what the fee cost.
Last updated November 4, 2026
In the "from" currency.
Your own rate from your bank, card or rate source. This page has no live rates.
0 to 100. Applied on top of the rate.
Optional fixed charge, taken before converting.
Result
1,000.00 USD = 920.00 EUR
| Item | Value |
|---|---|
| Amount received | 920.00 EUR |
| Effective rate | 1 USD = 0.92 EUR |
| Inverse rate | 1 EUR = 1.0869565 USD |
| Fee cost | 0.00 USD (about 0.00 EUR) |
Show the work
Formula: received = (amount − flat fee) × rate × (1 − fee/100)
- Amount after the flat fee: 1,000 − 0 = 1,000 USD.
- Effective rate: 0.92 × (1 − 0/100) = 0.92 EUR per USD.
- Multiply: 1,000 × 0.92 = 920, rounded to 920.00 EUR.
- Fee cost: 0 USD, or 0 EUR at your rate.
Result: 1,000.00 USD = 920.00 EUR
How the currency conversion works
received = (amount − flat fee) × rate × (1 − fee ÷ 100)
The rate is the number of units of the target currency you get for 1 unit of the source currency. The page never supplies a rate and makes no statement about current rates, so the result is only as good as the rate you type in.
The mid-market rate is the midpoint between buy and sell prices that rate sources publish. Banks and card networks usually apply a margin to it. A 2% margin turns a rate of 0.92 into 0.92 × 0.98 = 0.9016. Compare that effective rate with the mid-market rate to see the real cost of the exchange.
Results round to the smallest unit of the target currency, taken from the standard currency data in your browser: 2 decimals for USD or EUR, 0 for JPY, 3 for KWD.
See how we calculate for the formulas, sources and review schedule behind every calculator.
How much to send to receive a set amount
Switch the mode to work backwards. The page divides the target by the effective rate, adds any flat fee and rounds up to the smallest unit, so you never arrive slightly short. Swap direction exchanges the currencies and inverts the rate in one step.
How to use the Currency Converter
- Choose the from and to currencies, or swap them.
- Enter the amount and the exchange rate you were quoted.
- Add the percentage margin and any flat fee, if you know them.
- Read the amount received, effective rate and fee cost, then open Show the work.
Worked example
You convert 1,000 USD to EUR at a quoted rate of 0.92 with a 2% margin. The effective rate is 0.9016, so you receive 901.60 EUR. The fee costs 20 USD, about 18.40 EUR at your rate. The rate here is an illustration, not a real quote.
| Item | Value |
|---|---|
| Amount | 1,000.00 USD |
| Rate entered | 0.92 EUR per USD |
| Margin | 2% |
| Effective rate | 0.9016 |
| Amount received | 901.60 EUR |
| Fee cost | 20.00 USD (about 18.40 EUR) |
Frequently asked questions
Where do the exchange rates come from?
From you. The page has no live feed, so enter the rate shown by your bank, card or any rate source you trust at the time of the transfer.
What is the difference between the mid-market rate and my bank rate?
The mid-market rate sits between buy and sell prices. Your bank rate is usually that rate minus a margin, which is why you receive less than a rate source implies.
How is the conversion fee applied?
The flat fee comes off the amount first. The percentage margin then lowers the rate, so the amount received is the net amount times the rate times one minus the margin.
Why does the page warn when both currencies match?
Converting a currency into itself is rarely intended. The calculation still runs, but the warning reminds you to check the from and to selections.