How do I calculate a cross rate?

Take both currencies' rates against a common currency, such as the US dollar. If 1 dollar buys x of the first currency and y of the second, then 1 unit of the first currency buys y divided by x of the second.

Why is the rate I am offered different from the cross rate?

A cross rate worked out from mid-market rates is a middle price. Banks and money transfer services usually add a markup or spread, so the rate they offer is less favourable than the cross rate.

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Currency cross rate calculator

Work out the exchange rate between any two currencies from their rates against a third, such as the US dollar, and convert an amount. Free, no sign-up, nothing leaves your browser.

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1 USD buys this many GBP1 USD buys this many JPYAmount of GBP to convert

Enter today's rates from a source you trust; this page doesn't fetch live rates. The example rates are only for illustration.

1 GBP =

192.405 JPY

1 JPY =

0.00519737 GBP

1,000.00 GBP is

192,405.06 JPY

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What a cross rate is

A cross rate is the exchange rate between two currencies worked out through a third, usually the US dollar. If 1 dollar buys 0.79 pounds and 152 yen, then 1 pound buys 152 ÷ 0.79, about 192.4 yen. Banks and brokers price many pairs this way.

Why your rate may differ

The cross rate from two mid-market rates is a fair middle price. A bank or money transfer service usually adds a markup or a spread on top, so the rate you are offered can be lower. Comparing it with the cross rate shows what that markup costs.

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