Advertisement
Ad 728×90

Currency Converter

Convert between 24 world currencies with real-time exchange rates

CA$
Amount
Advertisement
Ad 336×280

How do exchange rates work?

Floating exchange rates are determined by supply and demand on the Forex market, the world's largest financial market with $7.5 trillion traded daily. Central banks (ECB, Fed, Bank of Canada) influence these rates through their monetary policies.

Reading a currency quote

EUR/USD = 1.08 means 1 euro is worth 1.08 US dollars. The first currency is the base currency, the second is the quote currency. Rates change constantly on weekdays. Banks and exchange offices add a commission (spread) on top of the interbank rate.

Travel tips

Avoid airport exchange booths (poor rates + high fees). Prefer no-fee travel cards (Wise, Revolut) or withdrawals from local ATMs. Monitor fluctuations before your trip to choose the best time to exchange.