Currency Converter

Convert between major world currencies including US Dollar, Euro, British Pound, Pakistani Rupee, Indian Rupee, and more. Understand how exchange rates work and what affects currency values.

Conversion Formula

Converted Amount = Amount x Exchange Rate | Rate changes daily based on forex market

How Currency Conversion Works

Currency exchange rates change constantly based on global financial markets, inflation, interest rates, political stability, and trade balances. The rates shown in this calculator use indicative reference rates — always check with your bank or exchange service for the actual rate you will receive, which includes a spread or commission.

How Exchange Rates Are Determined

Exchange rates are determined by supply and demand in the global forex (foreign exchange) market, which trades over $6 trillion per day. Central banks influence rates through interest rate policy. Higher interest rates attract foreign investment, strengthening the currency. Inflation erodes purchasing power and weakens a currency over time.

Understanding the Rate Spread

When you exchange money at a bank or airport, you get a rate worse than the official "mid-market" rate. The difference (spread) is the bank profit. Airport kiosks typically have the worst rates. Online services (Wise, Revolut) offer rates closest to the mid-market rate.

From	USD	EUR	GBP
1 USD	0.92 EUR	0.79 GBP	278 PKR
1 EUR	1.09 USD	0.86 GBP	303 PKR
1 GBP	1.27 USD	1.16 EUR	353 PKR
100 PKR	0.36 USD	0.33 EUR	0.28 GBP

*Rates are approximate and for reference only. Actual rates vary daily.

Frequently Asked Questions

Exchange rates fluctuate based on supply and demand in the global forex market. Key factors: interest rate differentials between countries, inflation rates, economic growth, political stability, and trade balances. The market trades 24 hours except weekends.

Banks and exchange services add a spread to the mid-market rate as their profit margin. Airport exchanges typically add 5-10%. Banks add 2-4%. Online services like Wise or Revolut add 0.5-1%. The spread is the difference between buy and sell rates.

Use a multi-currency card (Wise, Revolut) which offers near-mid-market rates. Avoid airport exchanges (worst rates). Use ATMs abroad with a no-foreign-fee debit card. Never exchange money in tourist areas where rates are marked up the most.

The Pakistani Rupee (PKR) to US Dollar rate fluctuates based on Pakistan state bank policy, inflation, and international trade. As of 2025, approximately 278-285 PKR = 1 USD. Check State Bank of Pakistan for official rates.

Higher inflation erodes a currency purchasing power. Countries with higher inflation tend to see their currency weaken over time. Central banks raise interest rates to control inflation, which can attract foreign capital and strengthen the currency.

Bank wire transfers are safe but expensive ($25-50 fees). Services like Wise (formerly TransferWise) offer near-market rates with lower fees. Western Union and MoneyGram are widely available but rates vary. Always compare total cost including fees and rate spread.

Related Measurement Converters