Frequently Asked Questions
How are exchange rates determined?
Exchange rates are determined by supply and demand in the foreign exchange market. Factors include economic indicators, interest rates, and geopolitical events.
What is the mid-market rate?
The mid-market rate is the midpoint between buy and sell prices of a currency. Banks and exchange services add a margin above this rate.
When do exchange rates update?
Exchange rates fluctuate continuously during forex market hours (24/5). Rates shown here are updated regularly from reliable market data sources.
Updated 2026 — latest rates