Currency converter with current mid-market exchange rates

The mid-market exchange rate is the reference rate between the prices at which currencies are bought and sold in the global foreign-exchange market. It is sometimes described as the interbank or market rate.

Kredly uses the mid-market rate as an informational baseline for currency conversion. If the USD/EUR rate is 0.87, for example, one US dollar is worth approximately 0.87 euros before any provider fee or exchange-rate markup is applied.

The first currency in a pair is the base currency and the second is the quote currency. A USD/EUR rate shows how many euros one US dollar can buy.

The mid-market rate is not a guaranteed customer rate or transfer quote. Banks, card issuers and money transfer providers may use a different exchange rate and add fees or other charges.

Kredly uses third-party market data to provide informational currency conversions and historical rate observations. Currency markets move throughout the day, so the displayed rate may change between visits. Where available, Kredly shows the latest observed rate and the period covered by the historical chart. Update frequency can vary by currency pair and data availability. A recently observed mid-market rate should still be treated as a reference rather than a guaranteed rate available from a bank or transfer provider.

If reliable rate data is unavailable, Kredly may mark the rate or chart as unavailable. We do not replace missing exchange-rate history with demonstration values or invented observations. For an actual payment or international transfer, confirm the final exchange rate and all applicable charges with the provider before completing the transaction.

A currency conversion result and an international transfer payout are not the same thing.

The converter applies the reference mid-market rate to the entered amount. It does not subtract a transfer fee or replace the rate with the customer exchange rate offered by a bank or transfer provider.

The amount received in an actual transfer can depend on:

• The provider exchange rate.

• The stated transfer fee.

• The exchange-rate markup.

• The way the transfer is funded.

• The receiving and delivery method.

• Additional charges applied by banks, cards or intermediaries.

To compare an actual money transfer, choose the recipient’s destination and review the available provider quotes. Kredly ranks tracked offers primarily by the estimated amount delivered to the recipient, while showing fees, exchange rates and delivery information separately.