A converter includes a converter circuit 1 having a plurality of bridge-connected semiconductor switching devices for converting AC power into DC power, a smoothing condenser connected in parallel to the DC side of the converter circuit and a current detector provided in a condenser circuit to control a condenser current flowing through the smoothing condenser to be a set value. The condenser current is controlled to be the set value (e.g. zero) to thereby reduce the capacity of the smoothing condenser and make the converter small.