Currency Converter

USD Exchange Rates and International Money Transfer Guide

This exchange rate calculator covers 28 major currencies and shows reference rates for the US dollar (USD) against the euro, British pound, Japanese yen, Canadian dollar, and more. As of May 2026, 1 USD buys approximately 0.918 EUR and 145 JPY — reflecting the Federal Reserve's rate environment relative to the ECB and Bank of Japan. For travelers planning a trip abroad or businesses receiving international payments, knowing the mid-market rate before any transaction is essential because banks and money transfer services add a spread — typically 1%–4% — on top of the interbank rate.

The difference between using a bank wire versus a service like Wise or Revolut for international money transfers can be significant. Sending $5,000 to Europe at a 3% spread costs $150 in hidden fees embedded in the exchange rate — money that never shows up as a line item. Airport currency exchange kiosks often charge 5%–10% above the mid-market rate. This free currency converter shows you the reference mid-market rate so you know the fair benchmark before comparing services. Always verify live rates directly with your provider before completing any financial transaction.