# Convert funds

Instantly convert between currencies on Stripe.

Instant currency conversion lets you convert balances that you accrue through [multi-currency settlement](https://docs.stripe.com/payouts/multi-currency-settlement.md) or by funding your [financial account](https://docs.stripe.com/treasury.md). You can convert balances in the Dashboard or programmatically using the private-preview API and the funds become instantly available in your balance.

If your financial account holds a stablecoin balance, see [Convert between stablecoin and fiat balances](https://docs.stripe.com/treasury/convert-funds.md#stablecoin-conversions).

## Availability

Instant currency conversion is available in the following locations:

- AU
- CA
- CH
- EU
- GB
- SG
- US

## Convert currencies instantly in the Dashboard

To instantly convert currencies in the Dashboard:

1. Go to the [Balances](https://dashboard.stripe.com/balance/overview) page, then click **Convert**.
2. On the conversion details page, select the currencies to convert and enter the amount.
3. Click **Submit**. You’ll see the funds instantly available in your balance.

## Convert currencies instantly using the API (Private preview)

Converting currencies using the API is in [private preview](https://docs.stripe.com/release-phases.md). Sign in to Stripe to request access.

## Supported currencies and pricing
[See the table on the original page](https://docs.stripe.com/treasury/convert-funds)
You can convert funds up to the daily per-currency limit shown in the preceding table. The limit depends on whether you convert funds in your payment balance or in your [financial account](https://docs.stripe.com/treasury.md).

If you need higher daily conversion limits, or are interested in additional currencies, [contact us](mailto:icc-feedback@stripe.com).

## Available balances for instant currency conversion

Instant currency conversion works with available balances (funds that have [settled into your Stripe balance](https://docs.stripe.com/payments/balances.md)). Daily automatic payouts affect the amount available for conversion. To make sure funds remain available, you can switch from daily automatic payouts to manual payouts. To keep your daily payout schedule, consider [setting a minimum balance](https://docs.stripe.com/payouts/minimum-balances-for-automatic-payouts.md) on your [Payout settings](https://dashboard.stripe.com/settings/payouts) page.

## Instant currency conversion for Connect

If your connected accounts accrue multi-currency balances through [multi-currency settlement](https://docs.stripe.com/connect/multi-currency-settlement.md), you can enable them to convert between their balances using the private-preview API. [Request access](https://docs.stripe.com/treasury/convert-funds.md#convert-currencies-instantly-using-the-api).

## Convert between stablecoin and fiat balances 

To convert between a [stablecoin balance](https://docs.stripe.com/treasury/store-funds.md#stablecoin-balances) and a fiat balance, your financial account must hold both: a stablecoin balance and a fiat balance in the same financial account. Stablecoin balances hold USDC.

Converting between USD and USDC doesn’t involve foreign exchange because both are USD-denominated. Any other pair involves a currency conversion at the current exchange rate.

Stablecoin conversions use the same Dashboard flow as fiat conversions. Learn how to [convert currencies instantly in the Dashboard](https://docs.stripe.com/treasury/convert-funds.md#convert-currencies-instantly-in-the-dashboard).

Stripe also converts your stablecoin balance when you pay it out to a bank account in a different currency. See [Move money from a stablecoin balance](https://docs.stripe.com/treasury/transfer-send.md#stablecoin-payouts).