The currency exchage rates provided below are for information only. The exchange rates database is updated every hour from trusted sources. The following table provides the exchange rates for the major currencies. For individual exchange rates please click on the currency itself.
The exchange rate of two currencies is the rated at which the currencies are exchanged. The term is also known as FX, forex rate or foreign exchange rate. The exchange rates of most currencies various from bank to bank but the main currency is set by each country national bank. The currency pair is the the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market. For example if EUR/USD is 1.29 this means that 1 EUR = 1.29 USD. The inverse follows the same pattersn, if USD/EUR is 0.77 it means that 1 USD = 0.77 EUR.