Use our free calculator for easy currency conversions.
Our currency converter enables you to see the latest exchange rates in the forex market. Simply select a currency to convert from and to, type an amount and find out the current rate. You can also get more context with our forex chart.
Neither City Index nor its affiliates will be held responsible for the reliability or accuracy of this data. The service is provided in good faith; however, there are no explicit or implicit warranties of accuracy. The user agrees not to hold City Index or any of its affiliates, liable for trading decisions that are based on the currency converter from this website.
Put our trading platform to the test
Try a risk-free demo account with virtual funds to improve your trading strategies.
How do currency exchange rates work?
Currency exchange rates work by comparing the value of one currency against another. Traders speculate on these rapidly changing rates to try and profit from their fluctuations in price.
Widely-traded pairs include EUR/USD, which tells traders how many US dollars are required to buy one euro. If you go long on EUR/USD, you would be hoping for the euro to strengthen and the US dollar to weaken.
In order to inform their trading decisions, forex traders often keep on top of fundamental market events that can affect currency prices and undertake technical analysis governed by prior data. Find out more on forex trading via our comprehensive education section.
With fast, reliable execution and tight spreads here's why thousands of traders choose City Index as their broker of choice.
Seize opportunities wherever you are with our suite of award-winning powerful platforms and apps, complete with tools designed to help you get the most out of every trade.
Our client services team is on hand 24/5 to help you with any questions or queries you have about your City Index account via email, phone and live chat.
Trade over 6,000 global markets with ultra-tight spreads, low commissions and transparent pricing with a market-leading provider.
Access real-time trade ideas from our fundamental and technical analysis research portal. Plus, receive the latest market news from our team of expert analysts.