How often are the rates updated?

The rates are refreshed hourly from open.er-api.com, which itself aggregates data from a wide network of central-bank publications and interbank feeds. The exact update timestamp is displayed below the converted amount.

Why does the bank quote a different rate than what I see here?

Banks and card networks apply a spread and a service fee on top of the interbank reference rate. The rate you see here is the mid-market reference rate, which is best used for indicative planning rather than for the exact settlement amount you will receive from your bank.

Can I use this rate for import duty calculation?

No, not for statutory duty calculation. For customs duty, you must use the CBIC-notified exchange rate for the month, which is published every third Thursday. This calculator’s rate is useful for budgeting and internal quotations, but not for the bill of entry.

Is the currency converter free and does it require signup?

Yes, it is entirely free with no signup required and no daily quota. You can use it as often as needed for personal, academic or business purposes.

Which currencies are supported?

The tool supports every major currency including USD, EUR, GBP, JPY, AED, SGD, AUD, CAD, CNY, HKD, CHF and a long tail of over 150 currencies. All available codes are listed in the From and To drop-downs inside the tool.

Currency Converter

Guide

The Currency Converter provides live foreign-exchange rates for more than 150 world currencies, with hourly-updated data sourced from open.er-api.com. Whether you are pricing an export order, planning a foreign remittance, or reconciling an inward wire, this tool gives you an instant, transparent conversion between any two currencies.

Rates change every second on the interbank market and every day on the CBIC and RBI reference schedules. This calculator is designed for indicative business planning — the numbers you see match the live retail-adjacent rate and can be used as a working reference across quotations, budgets and management reports.

How the tool works

The converter queries a public exchange-rate feed that aggregates data from a wide network of banks and central-bank reference publications. The rates are refreshed hourly so the number you see is never more than 60 minutes out of date.

Enter the amount to convert
Pick a source currency (From) and a target currency (To)
The tool returns the converted amount and the underlying reference rate
Use the Swap button to instantly reverse the direction of conversion

Popular use cases

Quoting an export invoice in the buyer’s currency
Estimating the INR equivalent of an incoming remittance
Preparing an import purchase order in a foreign currency
Reconciling credit-card and travel expenses in INR
Planning tuition, medical or investment remittances under LRS
Building a budget for foreign travel or business trips

Understanding the different exchange rates

Reference / mid-market rate

The reference rate is the midpoint of the buy and sell rates on the interbank market. It is what news sites and business dashboards typically quote and what this tool displays.

Bank card and wire-transfer rate

When you actually convert money — whether on a card or through a wire — the bank applies a spread on top of the reference rate. In India this can range from 0.5% for premium wires to 2.5%+ for retail card swipes, plus GST on the conversion fee.

RBI reference rate

The Reserve Bank of India publishes an INR reference rate against USD, EUR, GBP and JPY every working day. It is used as the accounting rate for a range of official purposes.

CBIC customs exchange rate

The Central Board of Indirect Taxes and Customs notifies a monthly exchange rate for a defined set of currencies. This is the rate used for computing the assessable value of imports and exports for duty purposes and is the correct rate to use with our Import Duty Calculator.

Choosing the right rate for the right job

Costing and quotations to overseas buyers — mid-market rate with a safety margin
Import duty computation — CBIC notified rate for the month
Statutory books of account — the rate on the date of the transaction or as per the entity’s accounting policy
Personal remittance and travel — the actual rate offered by the bank, card or forex provider
Filing GST returns for exports — the reference rate on the date of the invoice

Global currencies supported

The tool supports more than 150 currencies covering every major trading and travel destination, including USD, EUR, GBP, JPY, AED, SGD, AUD, CAD, CNY, HKD, CHF and a long tail of emerging-market currencies. The full drop-down is available inside the tool.