Chat Translator is a free speech recognition application that allows you to translate both text and speech from one language to another - the range of these languages spanning between 95 at most.

It provides you with the translation of the speech in real-time, so you do not have to wait for anything at all. 
Some of the languages include Bengali, Burmese, Catalan, Cebuano, Danish, Esperanto, Estonian, Finnish, Dutch, even Elvish (Sindarin).

The app is not perfect and sometimes there are mistakes. You can also find mistakes in the translations.

Please do note that the app will ask for some permissions such as access to your microphone as well as some credentials.