Fixed Rate Currency Converter
Need a quick estimate of how one currency converts to another? Our Fixed Rate Currency Converter uses approximate, pre-set exchange rates for major world currencies. It's perfect for general guidance or when you don't need live market precision. Please note: These are not real-time rates and should not be used for financial transactions.
Convert Currencies (Approximate Rates)
Important Disclaimer: The exchange rates used in this converter are fetched from the Frankfurter API and reflect daily updated official market rates, typically sourced from central banks. While accurate for most estimation and planning purposes, they may not reflect second-by-second fluctuations. For high-frequency trading or real-time financial transactions, always consult a live currency feed or financial provider.
How to Use the Fixed Rate Currency Converter
- Enter Amount: Type the amount of money you wish to convert into the first "Amount" field.
- Select 'From' Currency: Choose the currency you are converting FROM using the first dropdown menu.
- Select 'To' Currency: Choose the currency you want to convert TO using the second dropdown menu.
- View Result: The converted amount will automatically appear based on daily updated exchange rates from the Frankfurter API.
- Convert Back (Optional): You can type a value into the "Converted Amount" field to convert in reverse.
- Swap Currencies: Click the button to quickly switch the 'From' and 'To' currencies and their respective values.
Remember, these are illustrative rates. The "last updated" date for these rates is shown below the converter.
Why Use This Currency Converter?
- Reliable Estimates: Get fast, accurate currency conversions using official daily exchange rates.
- Trusted Data Source: Rates are retrieved from the Frankfurter API, which sources from official central banks.
- Ideal for Planning: Useful for budgeting, travel planning, education, and general understanding of currency relationships.
- User-Friendly: No need to handle complex APIs or financial tools—just enter an amount and convert instantly.
Note: While rates are updated daily, they do not reflect second-by-second market changes. For trading or real-time decisions, use a financial platform with live feeds.
Supported Currencies (Live Daily Rates)
This tool includes a wide selection of major world currencies supported by the Frankfurter API. The list may include but is not limited to the following:
The exchange rates are updated daily based on data from central banks. This ensures trustworthy conversions for most everyday uses.
Frequently Asked Questions (FAQ)
Are the exchange rates in this tool live?
No, the exchange rates are fixed and approximate. They are for estimation and general informational purposes only and do not update in real-time with market changes. The "last updated" date for these indicative rates is displayed.
Are the exchange rates in this tool live?
No, the exchange rates are not real-time, but they are updated daily from official sources via the Frankfurter API. They are suitable for most use cases, but not for high-frequency trading or financial transactions that require minute-by-minute precision.
Where do the exchange rates come from?
The rates are sourced from Frankfurter API, which provides daily exchange data based on the European Central Bank and other central banks. Updates occur once per business day.
How many decimal places are used for the results?
The converted amounts are typically displayed with two decimal places, which is standard for most currency values. Some high-value-per-unit currencies (like JPY) might effectively show fewer if the result is a whole number.
Is my data saved when I use this converter?
No, the amounts and currency selections you make are processed directly in your browser (client-side). This information is not sent to our servers or stored by us. Please see our Privacy Policy for more details.