Currency Converter vs Forex Board: Why the Rates Differ
Understanding the difference between mid-market exchange rates and the commercial rates offered at airports and banks.
Mid-market rates are for reference
A currency converter typically shows the mid-market rate—the midpoint between buy and sell prices on global markets. This is the "real" value of the currency without profit margins.
Commercial rates include service fees
Forex boards at airports or banks show commercial rates, which include a spread or commission. These are the actual rates at which you can buy or sell physical cash.
Open the tools
Currency Converter — Convert currencies with real-time exchange rates. Supports 150+ currencies with historical rate charts.
Elite Loan Comparison Engine — Compare up to three loan offers side by side: EMI, fees, effective APR, total outflow, amortization chart, prepayment what-if, and optional inflation-adjusted cost — all in your browser.