An exchange rate is a rate at which one currency will be exchanged for another currency. Most exchange rates are defined as floating and will rise or fall based on the supply and demand in the market. Some exchange rates are pegged or fixed to the value of a specific country's currency.
How do I convert my currency?
Simply input your amount in the currency calculator above, select your source and destination currency and our tool will convert your currency at the mid-market rate (that’s the one you’ll find on Google). Send money abroad using Wise and we’ll use the same rate you see on our currency converter.
What is exchange rate & how does it affect trade?
An exchange rate is a rate at which one currency will be exchanged for another currency and affects trade and the movement of money between countries. Exchange rates are impacted by both the domestic currency value and the foreign currency value.
How many currencies can I convert?
You can convert over 140 currencies quickly and easily. Simply input your amount in the currency calculator above, select your source and destination currency and our tool will convert your currency at the mid-market rate (that’s the one you’ll find on Google).
