Currency Converter

Currency converter with provider comparison

This tool shows the mid-market rate — the real exchange rate — alongside estimated amounts from Wise, Remitly, OFX, PayPal and typical banks. The difference can be significant: sending $1,000 USD through an airport exchange bureau can cost $80–$120 more than using Wise or OFX.

Which service is cheapest for international transfers?

There is no single winner for every route, but typical patterns look like this:

• Wise — Often closest to the mid-market rate, usually 0.3–0.7% above mid-market. Transparent fees and consistent pricing across most corridors.
• OFX — Competitive for larger transfers, where its percentage-based margin becomes smaller. Minimum transfer amounts may apply.
• Remitly — Can be cost-effective on specific remittance routes, especially where promotional rates are offered. Fees vary by speed and destination.
• PayPal — Convenient but generally expensive, with currency margins typically 3–5% above mid-market, plus additional transfer fees.
• Traditional banks — Usually among the highest-cost options, with wide spreads and service fees on top.
• Airport exchange bureaus — The most expensive overall. Their rates can sit far above mid-market and should be avoided for medium or large amounts.

Frequently asked questions