An AC-AC conversion circuit with AC-AC conversion control and AC voltage conversion including a voltage feedback circuit, a voltage detection circuit, a first drive circuit, a current detection circuit, a second drive circuit and a main control circuit. By using the main control circuit as the main control center, which has strong reliability and good circuit stability, the defects of complicated circuit structure and low reliability, and poor stability of the supply circuit in the existing AC-AC conversion circuit may be overcome. Also disclosed is an AC-AC conversion device which has good stability due to the highly reliable AC-AC conversion circuit thereof.