Currency & money-transfer guides
Plain-English guides to exchange rates, fees and getting the best deal.
What is the mid-market exchange rate?
The mid-market (interbank) rate explained — and why the rate your bank gives you is usually worse.
How to get the best exchange rate when travelling
Practical ways to avoid poor rates and hidden fees on holiday or business trips abroad.
Bank vs Wise vs PayPal: the real cost of sending money abroad
Compare the true cost — fees plus the exchange-rate markup — of the most common ways to send money internationally.
Why do exchange rates change?
The main forces that push currencies up and down — interest rates, inflation, trade and sentiment.
When is the best time to exchange currency?
Whether timing the market works, and simple tactics that beat guessing.
Currency converter FAQ
Common questions about the exchange rates, updates and accuracy on this converter.