Abstract: A converter with two coils and two magnetic gaps of which the upper and lower yokes of are two innerwardly concave plates or round plates. 3 set or more than 3 sets of axially magnetized permanent magnets are provided. Said permanent magnets are directly engaged with pole faces of said plates. Two magnetic gaps are formed between the vertical peripheric faces of said plates and the outer peripheric faces of a coaxial mounted annular or cylindrical magnetic body. Coils are inserted into said magnetic gap, while wound direction of two coils and the direction of current are decided to produce an electrodynamic force in the coils to the same direction. Said converter possesses resistance load characteristics by setting the values of the inductance of the two coils equal to each other in case that said converter are provided with two magnetic paths and coil circuits completely symmetric in their magnetic characteristics.