On the simple view on the Electrum client, the value of the bitcoins is displayed in USD, GBP and EUR (changeable by clicking on it).

Currently by clicking through, I am seeing exchange rates:

  • 10.29GBP/BTC
  • 10.40EUR/BTC
  • 11.90USD/BTC

This is completely out of line with mtgox, and also completely out of line with international currency markets (currently 1.6usd/gbp and 1.24eur/gbp)

So could someone explain where these rates come from and why they are so incorrect?


As of this writing, Electrum retrieves its exchange rate from Intersango. The last sale there must have been abnormally low for the current exchange rate.

  • In this forum post: bitcointalk.org/index.php?topic=100502.msg1308531#msg1308531 BkkCoins says he has an Electrum fork (github.com/bkkcoins) that allows it to support multiple exchanges. But be careful as reading later posts from Bkkcoins indicate that his fork may not be compatible with latest mainline Electrum build. – kirian Dec 9 '12 at 0:45
  • 2
    MultiBit uses the Java XChange library which is able to work with multiple exchanges. It might be possible to leverage the code in that library in your own projects. – Gary Rowe Dec 10 '12 at 9:15

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.