Currency Converter
Convert 40+ currencies quickly and easily with the latest exchange rates. The free Rateflare Currency Converter delivers accurate results for all your money conversions worldwide.
How Much Will Your Recipient Receive When Sending Money
The currency converter shows the mid-market exchange rate, a quick benchmark. However, the actual amount your recipient gets depends on the provider and fees. The converter is not the final amount.
Understanding Exchange Rates
Instead of using the mid-market rate directly, service providers typically offer marked-up exchange rates, which can reduce the amount your recipient receives. Example: If the mid-market rate is: 1 USD = 0.85 EUR A remittance provider offer: 1 USD = 0.83 EUR That small difference of 0.02 may not look like much, but on 2,000 USD, it amounts to a loss of 40 EUR—just due to exchange rate margins.
How Transfer Fees Affect The Received Amount
Beyond exchange rate markups, service fees can significantly reduce what your recipient gets. These may include: Flat Fees — e.g., $10–30 per transfer Percentage-Based Fees — e.g., 1–3% of the amount Hidden Charges — often from intermediary or recipient banks
Compare Providers to See the Exact Amount
By combining the provider’s rate and fees, you can calculate the true amount your recipient will receive: Formula — Actual Amount = Transfer Amount × Provider Rate – Fees Example — Sending $2,000 USD via Provider A → ~€1,688.96 Compare providers side-by-side to find the best deal
Compare Providers to Get More from Your Money Transfers
Compare trusted money transfer providers side-by-side, see how much more your recipient can get, and find the lowest fees and best exchange rates for any currency worldwide.
Real-Time Exchange Rate Comparison
Transparent Fee Breakdown
Find the Best Deal for Your Transfer
Currency Information
Learn key details about USD and EUR, including currency symbols, countries using them, and current exchange rates to help you make informed conversions.
USD - US Dollar
The US Dollar is the official currency of the United States. Its currency code is USD and the symbol is $. The US Dollar is widely used in international trade and finance, making it one of the most popular currencies worldwide. This information helps you understand the currency you are converting from in the Currency Converter.
EUR - Euro
The Euro is the official currency of the Eurozone, used by 20 European countries. Its currency code is EUR and the symbol is €. The Euro is one of the most traded currencies in the world, widely used for international payments and trade. This information helps you understand the currency you are converting to in the Currency Converter.
Popular Currency Pairings for Currency Conversion
Explore the most common exchange pairs worldwide, such as USD to EUR, GBP to USD, and USD to JPY. Quickly find the currencies you need for accurate and reliable conversions.
Frequently Asked Questions
Find answers to common questions about our currency converter, data updates, and rates. All exchange rates are updated every few minutes.
What currencies can I convert with Rateflare?
You can convert over 40 world currencies, including USD, EUR, GBP, JPY, AUD, and many more.
Are the exchange rates up-to-date?
Yes, the Rateflare Currency Converter provides the latest available exchange rates for accurate conversions.
Is using Rateflare free?
Absolutely! Converting currencies with Rateflare is completely free with no hidden fees.
How accurate are the conversion results?
Rateflare provides reliable and accurate results using the latest exchange rates, suitable for personal or general reference.
Can I use this converter for real-time trading?
No, the Rateflare Currency Converter provides reference rates for general currency conversions. It is not designed for real-time trading or financial transactions that require live market rates.
How can I find out exactly how much money I’ll receive when sending a transfer?
The Rateflare Currency Converter provides reference rates for over 40 currencies. To see the exact amount your recipient will get, including any fees or margins, use our Compare Providers tool before making the transfer.