How often are the rates updated?

The hardcoded rates are periodically updated. The last update date is displayed on the tool. For real-time rates, use a live forex service.

Currency Converter - Convert Between World Currencies

How Currency Conversion Works

Currency conversion uses exchange rates that represent the value of one currency in terms of another. Rates are determined by the foreign exchange (forex) market.

Key Factors Affecting Exchange Rates

Interest Rates: Higher rates attract foreign investment, strengthening the currency.

Inflation: Lower inflation generally leads to a stronger currency.

Economic Performance: Strong GDP and trade balance support the currency.

Political Stability: Stable governments attract more investment.

Frequently Asked Questions

Are these exchange rates accurate?

These are approximate rates for estimation purposes. For exact rates, check with your bank or a financial service.

What is the most traded currency in the world?

The US Dollar (USD) is the most traded currency, involved in about 88% of all forex transactions.

Why do exchange rates fluctuate?

Rates change based on interest rates, inflation, political stability, economic performance, and supply/demand.

What is forex?

Forex (foreign exchange) is the global marketplace for trading national currencies. It is the largest financial market in the world with over $6 trillion daily volume.

What is a currency converter?

A currency converter multiplies an amount by the current exchange rate between two currencies — target = amount × rate — using live mid-market reference rates.

SnoopTool's converter covers 150+ currencies and refreshes rates from a public exchange-rate feed. Mid-market rates are the rate banks trade at; the rate you actually receive from a bank or card usually includes a 1–4% spread on top.

Currency Converter: key facts

Reference facts for the SnoopTool Currency Converter, a free browser-based tool.
Currencies supported	150+, including USD, EUR, GBP, INR, JPY, AED, AUD, CAD
Rate type	Mid-market reference rate (no markup)
What banks add	Typically a 1–4% spread plus fixed fees
Best use	Estimating, budgeting and comparing quoted rates
Cost	Free, no sign-up, unlimited conversions

Why use the SnoopTool Currency Converter?

Check whether a bank's quoted rate is fair against the mid-market rate.
Convert an invoice or salary figure into your home currency.
Budget for a trip using today's rate.
Compare two currencies quickly with a swap button.

How to use the Currency Converter (step by step)

Enter the amount. Type the number you want to convert.
Choose the source currency. Pick the currency you are converting from.
Choose the target currency. Pick the currency you want the result in.
Read the converted value. The result and the rate used are shown; press swap to reverse the pair.

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