Check foreign currency rates against the U.S. Dollar.The Currency Exchange Rates Converter tool is powered by the Treasury Reporting Rates of Exchange dataset. This dataset is updated quarterly and covers the period from December 31, 2022 to .
Important Legal Disclosures and Information
The Treasury Reporting Rates of Exchange dataset provides the U.S. government's authoritative foreign currency exchange rates for federal agencies to consistently report U.S. dollar equivalents. For more information on the calculation of exchange rates used by federal agencies, please see the Treasury Financial Manual, volume 1, part 2, section 3235. This Exchange Rate Converter Tool is designed to make foreign currency exchange data values easier to access for federal agency reporting purposes.
Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, often offer the added benefit of having ATMs overseas. Online peer-to-peer foreign currency exchanges. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.
To convert from a base currency, you would multiply by the exchange rate. If the exchange rate is greater than 1, you will get a larger number—that is, you will get more of the second currency in exchange for the first.
OANDA's Currency Converter allows you to check the latest foreign exchange average bid/ask rates and convert all major world currencies. OANDA Rates™ are foreign exchange rates compiled from leading market data contributors.
A powerful yet simple currency converter, Currency provides up-to-date exchange rates for over 160 currencies and countries! Great for when you travel abroad. Currency has been the #1 currency converter for iPhone since 2008, launching as one of the first 500 apps in the App Store.
What is the best US dollar exchange rate? The best US dollar exchange rate right now is 1.2532 from Travel FX. This is based on a comparison of 16 currency suppliers and assumes you were buying £750 worth of US dollars for home delivery. Where can I get the best US dollar exchange rate?
There are two types of currency conversion fees: those charged by a credit or debit card payment processor or ATM network and those charged through a process known as dynamic currency conversion (DCC).
If you don't know the exchange rate, you can use the following simple currency conversion calculation to find it: take your starting amount (original currency) and divide it by ending amount (new currency) = exchange rate.
Will the bank change the money? The receiving bank will typically convert the funds into the currency of the receiving account. They will charge a markup and sometimes a fee for this. The markup can be very low, or it can go up to several %.
Online currency exchange brokers, such as Travelex, Eurochange, TravelFX, TorFX, and the Currency Online Group, are all likely to offer more competitive exchange rates compared to the high street banks. These providers offer a wide range of currencies for home delivery.
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