Free Online Currency Converter Tool. Use our free currency converter. Get accurate and reliable foreign exchange rates. Switch between different Currencies and convert on the fly with ease e.g., Euro or Dollar.
Currency conversion is of practical use to tourists who travel abroad, businesses who do business overseas or are involved in imports and exports, and to FX traders. A universal currency converter is an app or web tool that allows for the quick conversion of any currency into any other currency.
A currency value is determined by aggregate supply and demand. Supply and demand are influenced by a number of factors, including interest rates, inflation, capital flow, and money supply. The most common method to value currency is through exchange rates.