Your Money. Made Clear.

Convert money instantly

Reference mid-market rates, precise arithmetic and private calculators — nothing you type ever leaves this page.

Amount

From

Converted amount

—

Fetching live reference rate…

Quick conversion table

Common amounts at the current rate.

From	To

Recently used

Stored only in this browser.

CurrencyIQ Money Tools

Money calculators

Percentages, tips, discounts, salary, sales tax, fees and split bills — all instant and private.

CurrencyIQ Rates

Reference exchange rates

Base currency

Currency	1 unit of base	Inverse

CurrencyIQ Travel

Travel money planner

See what a trip budget is really worth once card and exchange fees are applied.

Home budget

Home currency

Destination currency

Card / exchange fee %

Trip length (days)

Flat fee (home currency)

What is the mid-market exchange rate?

The mid-market exchange rate—also known as the interbank rate—is the midpoint between wholesale currency buy (bid) and sell (ask) prices on global foreign exchange markets. It represents the real, uninflated market value of a currency. Retail banks, credit card networks, and airport kiosks rarely offer this rate to consumers; instead, they add a hidden spread markup between 1.5% and 4.5% to profit on each transaction.

Exchange Rate Markup Comparison

How traditional providers compare against the pure mid-market benchmark on a $1,000 USD conversion.

Provider Type	Average FX Markup	Cost on $1,000 USD	Settlement Speed
CurrencyIQ (Mid-Market)	0.00% (Benchmark)	$0.00	Real-Time Data
Retail Banks (Wires)	2.50% – 4.50%	$25.00 – $45.00 + fee	2 – 5 Business Days
Credit Cards (FX Fee)	1.00% – 3.00%	$10.00 – $30.00	Immediate Settlement
Airport Kiosks	7.00% – 15.00%	$70.00 – $150.00	Instant Cash

Frequently Asked Questions

Why is my bank's exchange rate different from CurrencyIQ?

Banks and transfer providers rarely trade at the true interbank rate when serving consumer accounts. They adjust the exchange rate downward when selling or upward when buying, pocketing that spread difference as an undisclosed markup. CurrencyIQ displays the uninflated mid-market reference rate.

What is Dynamic Currency Conversion (DCC)?

Dynamic Currency Conversion happens when a foreign payment terminal or ATM offers to charge your card in your home currency rather than the destination currency. While convenient, the merchant's ATM or terminal operator applies an inflated conversion rate plus a processing markup. Always decline DCC and pay in the local currency.

Does CurrencyIQ store my financial calculations?

No. CurrencyIQ calculates all figures entirely on the client side inside your web browser. None of the figures, currency pairs, or numbers entered are collected, tracked, or sent to a remote server.