Currency Converter

Exchange Rates

Exchange rates determine how much one currency is worth in terms of another. Rates fluctuate constantly based on economic factors, political events, and market sentiment.

• Rates change throughout the trading day
• Major currencies are traded 24/5
• Economic news affects rates significantly

Major Currencies

• USD: US Dollar - World's primary reserve currency
• EUR: Euro - Currency of the European Union
• GBP: British Pound - UK's currency
• JPY: Japanese Yen - Japan's currency
• INR: Indian Rupee - India's currency
• CAD: Canadian Dollar - Canada's currency

Tips for Currency Exchange

• Compare rates from different providers
• Consider timing for better rates
• Watch for hidden fees
• Use online converters for quick estimates
• Monitor economic news for rate predictions