Currency Converter
Check WorldRemit’s live currency exchange rates for free. Convert all major global currencies with the WorldRemit currency converter.
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What currency conversion rates does WorldRemit use?
Most countries around the world use a floating exchange rate. When a country uses a floating exchange rate, it is only influenced by market forces such as supply and demand and not regulated by the government.
A fixed exchange rate is a currency that isn't influenced by supply and demand. Instead, the government controls the rate and regulates its value. Countries with fixed exchange rates, like Hong Kong, Denmark, or Saudi Arabia, usually peg the exchange rate against an internationally popular currency (US Dollar or Euro).
The country's government then holds an abundant supply of both of these currencies. This allows them to buy and sell currency as required to keep their exchange rate at a fixed value.
How does this currency converter work?
WorldRemit’s currency converter will show you how much your money is worth in other currencies at the real exchange rate. You can convert over 140 currencies quickly and easily.
Simply input your amount in the currency calculator above, select your source and destination currency and our tool will convert your currency at the Mid Market rate.
Send money to over 130 countries
What are floating and fixed exchange rates?
Most countries around the world use a floating exchange rate. When a country uses a floating exchange rate, it is only influenced by market forces such as supply and demand and not regulated by the government.
A fixed exchange rate is a currency that isn't influenced by supply and demand. Instead, the government controls the rate and regulates its value. Countries with fixed exchange rates, like Hong Kong, Denmark, or Saudi Arabia, usually peg the exchange rate against an internationally popular currency (US Dollar or Euro).
The country's government then holds an abundant supply of both of these currencies. This allows them to buy and sell currency as required to keep their exchange rate at a fixed value.
Where to get the best exchange rate?
So, that’s the exchange rate explained, now how do you go about getting the best one? A good exchange rate is as close to the interbank rate (sometimes called the mid-market rate) as possible.
You can find out what the current interbank rate is with a quick search on Google. And although you can’t control the currency market, you can choose who you transfer or exchange your money with.
The two main options for sending money abroad is a bank wire transfer or online money transfer.