Currency Converter
Get real-time exchange rates and convert between major currencies instantly.
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Use this Currency Converter to enter an amount and select currencies to convert.
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Understanding Exchange Rates
- Fluctuation: Exchange rates change constantly due to economic and market factors.
- Bid-Ask Spread: The spread between buy and sell prices is how providers earn a margin.
- Mid-Market Rate: The midpoint between buy and sell prices; the true rate without markups.
- Influencing Factors: Interest rates, inflation, political stability, and performance.
- Fees: Watch for transaction fees or hidden charges, especially when traveling.