calcolatore.online
ESIT
ITENES

Currency Converter -- Live ECB Rates

Convert between major currencies with ECB exchange rates updated automatically every day. Euro, dollar, pound, Swiss franc, and yen.

Sources: ECB -- Euro foreign exchange reference rates · Frankfurter API -- Exchange rates

Sponsored content — Affiliate links. If you purchase through these links, we may earn a commission at no extra cost to you.

How the Currency Converter Works

This tool converts amounts between the major world currencies: Euro (EUR), US Dollar (USD), British Pound (GBP), Swiss Franc (CHF), and Japanese Yen (JPY). Rates are updated automatically every day from the European Central Bank via the Frankfurter API.

Live ECB Rates

The rates used are the reference rates published daily by the European Central Bank (ECB). They are updated around 4:00 PM CET each business day.

For real financial operations, keep in mind that banks apply a spread (margin) on the interbank rate. The ECB rate is a market reference, not an operational rate.

How the Calculation Works

The conversion happens in two steps:

  1. The amount in the source currency is converted to euros (dividing by the rate vs EUR)
  2. The amount in euros is converted to the target currency (multiplying by the rate vs EUR)

The Bank Spread

When you exchange currency at a bank, airport, or exchange office, the applied rate differs from the interbank rate. The difference (spread) is the intermediary's margin. Typically:

  • Online banks: 0.5-1.5% spread
  • Traditional banks: 1-3% spread plus fixed fees
  • Exchange offices: 3-8% spread
  • Credit cards: 1-2% spread (network dependent)

Frequently Asked Questions

Are the exchange rates updated in real time?▼
This tool automatically loads the reference exchange rates published by the European Central Bank (ECB), updated daily around 4:00 PM CET. The data is provided via the Frankfurter API, which uses official ECB rates. In case of connection issues, recent fallback rates are used.
Why is the bank rate different from the reference rate?▼
Banks apply a spread (difference between buy and sell prices) which constitutes their profit margin. They may also apply fixed commissions. The ECB reference rate is a market average, while bank rates include operational costs.
How do you calculate the inverse exchange rate?▼
The inverse rate is simply 1 divided by the direct rate. If 1 EUR = 1.08 USD, then 1 USD = 1/1.08 = 0.9259 EUR. The inverse rate is useful for calculating conversions in the opposite direction.