Convert from PHP to MDL
Get accurate currency conversions with real-time exchange rates. Monitor and convert between 140+ global currencies instantly.
Quick Conversion Guide
Get instant conversions for common amounts between USD and EUR. Hover over any amount to see detailed information.
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Understanding the World's Financial Pulse
The foreign exchange market is a global decentralized network where trillions of dollars change hands daily. It's the largest and most liquid financial market in the world, operating 24 hours a day, five days a week.
Each currency tells a unique story of its nation's economic health, political stability, and global influence. From the mighty US Dollar to the emerging market currencies, these financial instruments shape international trade, investment flows, and the daily lives of billions.
Currency Pair Heatmap
Track currency strength and weakness across major pairs. Green indicates appreciation while red shows depreciation. The percentage change is measured from 5 PM IST yesterday to now.
| USD |  GBP |  AUD |  CHF |  JPY |  CNY |  INR |  CAD | EUR | |
|---|---|---|---|---|---|---|---|---|---|
| USD | 0.000 % | -0.083 % | + 0.116 % | -0.233 % | -0.363 % | + 0.072 % | -0.090 % | -0.005 % | -0.126 % |
| GBP | -0.083 % | 0.000 % | -1.400 % | + 2.829 % | + 4.404 % | -0.872 % | + 1.095 % | + 0.059 % | + 1.525 % |
| AUD | + 0.116 % | -0.714 % | 0.000 % | -2.020 % | -3.145 % | + 0.622 % | -0.782 % | -0.042 % | -1.089 % |
| CHF | -0.233 % | + 0.353 % | -0.495 % | 0.000 % | + 1.557 % | -0.308 % | + 0.387 % | + 0.021 % | + 0.539 % |
| JPY | -0.363 % | + 0.227 % | -0.318 % | + 0.642 % | 0.000 % | -0.198 % | + 0.249 % | + 0.013 % | + 0.346 % |
| CNY | + 0.072 % | -1.147 % | + 1.607 % | -3.246 % | -5.053 % | 0.000 % | -1.256 % | -0.068 % | -1.750 % |
| INR | -0.090 % | + 0.913 % | -1.279 % | + 2.584 % | + 4.022 % | -0.796 % | 0.000 % | + 0.054 % | + 1.393 % |
| CAD | -0.005 % | + 16.889 % | -23.651 % | + 47.782 % | + 74.379 % | -14.719 % | + 18.493 % | 0.000 % | + 25.757 % |
| EUR | -0.126 % | + 0.656 % | -0.918 % | + 1.855 % | + 2.888 % | -0.571 % | + 0.718 % | + 0.039 % | 0.000 % |
Currency News & Analysis
MDL Assists Saipem to Deliver Offshore Campaigns in West Africa
Mazagon Dock Shipbuilders delivers warships Nilgiri and Surat to Indian Navy
WSU’s Molecular Diagnostics Laboratory works to fill gaps in rural health care
Social media addiction MDL court dismisses some claims
News | From US Marine Corps veteran to multifamily investment specialist at MDL Group
Saginaw Bay DSA protest on BCBP in downtown Bay City set for Feb. 11
MDL Clustering: Unsupervised Attribute Ranking, Discretization, and Clustering
VP Dhankhar to launch MDL’s P-17A stealth frigate ‘Mahendragiri’ on Friday
Judge picks six school districts for first bellwether trials of social media addiction MDL
Top shipping companies in Mumbai
Frequently Asked Questions
Get answers to common questions about currency exchange and trading
What factors influence exchange rates?
Exchange rates are influenced by multiple factors including interest rates, inflation, political stability, economic performance, government debt, and terms of trade. Central bank decisions and geopolitical events can also have significant impacts on currency values.
What is the spread in currency trading?
The spread is the difference between the buying (ask) and selling (bid) price of a currency pair. It represents the cost of trading and is how many brokers make their money. Typically, more liquid currency pairs have lower spreads.
When is the forex market open?
The forex market is open 24 hours a day, five days a week. Trading begins in Sydney, then moves to Tokyo, London, and New York. The most active trading periods are when multiple major markets overlap.
What is leverage in forex trading?
Leverage allows traders to control a large position with a small amount of capital. For example, 50:1 leverage means you can control $50,000 with $1,000. While leverage can amplify profits, it also increases potential losses.
How do I read currency pairs?
Currency pairs show how much of the quote currency (second currency) is needed to purchase one unit of the base currency (first currency). For example, in EUR/USD, EUR is the base currency and USD is the quote currency.
What is technical analysis?
Technical analysis involves studying price charts and using statistical indicators to determine future currency movements. Common tools include moving averages, relative strength index (RSI), and Fibonacci retracements.