A currency converter is a tool that allows users to quickly and easily convert one currency into another. It provides up-to-date exchange rates, enabling individuals and businesses to understand the value of foreign currencies in real time. Currency converters are especially useful for travelers, online shoppers, investors, and international businesses who need to manage transactions across different currencies. By entering the amount and selecting the currencies for conversion, users can instantly see the equivalent amount in another currency, helping them make informed financial decisions when dealing with foreign exchanges.