How RatePeek’s converter works
We display a mid-market reference rate that refreshes frequently so you can benchmark providers. Real transactions (cards, bank transfers, cash counters) may differ due to spreads and fees.
Your final price depends on the provider’s applied rate and any fixed or percentage fees. Use the benchmark here to estimate the all-in cost for your situation.
Tip: when comparing, capture the time, the displayed reference rate, and your provider’s applied rate—then compute the difference. Our guides explain the steps.
FAQ: Currency Converter
How often do rates update?
We refresh from our providers several times per hour. Liquidity and weekends can affect how frequently prices change.
Why is my bank’s rate different?
Banks and card networks add a spread and may charge fees. Compare the all-in cost (rate + fees), not just the headline price.
Is there a fee to use RatePeek?
RatePeek is free to use. Your bank or provider may still apply its own fee or markup.
Can I use it while traveling?
Yes. Check the live rate before paying, and choose local-currency billing to avoid dynamic currency conversion (DCC).