Currency Converter

This currency converter turns an amount in one currency into another using the latest European Central Bank reference rate, fetched live each time you press Convert. The menus list 20 currencies, including the rupee, US dollar, euro, pound, yen and the Singapore and Australian dollars, and the page opens set to US dollars into Indian rupees.

What the result shows

Enter the Amount, choose From and To, and press Convert. The large figure is the converted amount, rounded to two decimals. The line under it repeats your amount, gives the rate for one unit (for example 1 USD = 95.96 INR, shown to up to four decimals) and the date of that rate. Swap reverses the pair and, if a result is already showing, recalculates it. Number formatting follows your browser's language setting, so with English (India) the rupee total appears in lakh style, such as 1,43,940.

Where the rates come from

The figures come from the Frankfurter API, which republishes the ECB's euro reference rates for about 30 currencies. The ECB sets these once each working day at around 16:00 Central European Time, roughly 7:30 to 8:30 pm in India depending on European daylight saving. For a pair that doesn't involve the euro, such as USD to INR, the rate is calculated as a cross rate from the two euro rates. On weekends and ECB holidays you get the previous working day's rate, and the date on the result line tells you which day that is.

How the UAE dirham is converted

The ECB does not publish a dirham rate, so the converter goes through the US dollar instead. The dirham has been pegged at 3.6725 AED per USD since 1997, which means AED to USD, and back, needs no live rate at all: 1 AED is always 0.2723 USD, and that result line shows no rate date because nothing is fetched. For any other pair, such as AED to INR, the tool fetches the live dollar rate for the other currency and applies the peg to it. Either way the rate line ends with "AED at the fixed peg of 3.6725 per USD".

With the example rate of 1 USD = 95.96 INR, one dirham works out to 95.96 ÷ 3.6725, about ₹26.13, so AED 2,000 sent home from Dubai converts to 52,258.68 INR as a reference value.

Worked example: checking a bank's rate on a freelance payment

Say a client pays you $1,500 and the converter shows 1 USD = 95.96 INR (an example rate, not a live quote). The reference value is:

1,500 × 95.96 = ₹1,43,940

If your bank credits the payment at 94.20, you receive ₹1,41,300. The ₹2,640 gap is the bank's exchange margin, which works out to 1.76 ÷ 95.96, about 1.83% of the reference rate, before any flat charges. Running this check for each provider shows the real cost of a transfer rather than just the advertised fee. The percentage calculator helps with the margin arithmetic.

What this converter is not for

• Transacting: the ECB rate is a mid-market reference, not a price any bank, card or app will give you.
• Intraday moves: the rate changes once per working day, so it will not track market swings during the day.
• Past dates: only the latest rate is fetched; historical lookups are not supported.
• Tax filings: Indian income-tax rules prescribe SBI's telegraphic transfer buying rate for converting foreign income, so use that rate for returns.

Treat every figure here as a reference estimate, not financial advice. Only the currency pair is requested from Frankfurter; your amount is multiplied locally in the browser.