The Real Exchange Rate You Can Trust
The fairest price in FX is the mid-market rate—the midpoint between the bid (buyers’ price) and ask (sellers’ price). It’s the neutral benchmark professionals use, and it’s the baseline we publish.
What the mid-market rate is
The mid-market rate is simply the midpoint between the current bid and ask quotes for a currency pair. In formula form: mid = (bid + ask) / 2. That midpoint is the cleanest, vendor-neutral reference for comparison.
How market prices form
FX prices emerge from continuous competition between buyers and sellers across the global market. Liquidity, time-of-day (London/NY overlap vs. off-hours), macro releases, and risk sentiment nudge bids and asks; the midpoint updates accordingly.
Why many published rates differ from ours
We publish live mid-market. Other rates exist for different business purposes and often add markups, buffers, or delays:
| Provider | Real-Time | Mid-Market | Transparent | No Hidden Markups | Benchmark for Decisions |
|---|---|---|---|---|---|
| Central-bank reference | ❌ | ❌ | ⚠️ | ✅ | ⚠️ |
| Commercial banks (counter/card/ATM) | ✅ | ❌ | ⚠️ | ❌ | ❌ |
| Exchange kiosks | ❌ | ❌ | ❌ | ❌ | ❌ |
| International transfers / remittances | ✅ | ⚠️ | ⚠️ | ⚠️ | ⚠️ |
| Fintech / apps | ✅ | ⚠️ | ⚠️ | ⚠️ | ⚠️ |
| This website | ✅ | ✅ | ✅ | ✅ | ✅ |
Our methodology & transparency rules
- Neutral computation: we compute the midpoint between bid and ask from professional-grade feeds. No retail padding—ever.
- Multi-source aggregation: we source independently and filter stale/outlier ticks; cross-checks (e.g., triangular consistency) keep numbers sane. To this end, we have deployed a financial infrastructure - Fex.to.
- Update cadence: every minute, 24/7; on weekends/holidays we freeze rather than guess, and we always timestamp.
- No small print: we are a reference, not a retail FX counter.
Why MoneyConvert.Net is a trustworthy baseline
Our role is simple: show you reality, not marketing. By anchoring decisions to a live, auditable mid-market rate, you can compare providers, set alerts, and act with confidence—without hidden FX noise.