An apparatus includes a current emulator and a controller. The emulator receives a reference output current value representing a measured average amount of output current delivered by the voltage converter to the load for a first portion of a power delivery cycle during which high side switch circuitry and low side switch circuitry in the voltage converter are activated at different times to produce the output current. The power delivery cycle includes a second portion during which the high side switch circuitry and the low side switch circuitry of the voltage converter are deactivated. Via trial and error, the emulator derives an average output current value delivered to the load for the power delivery cycle based on the reference output current value and repeated adjustments to the estimation of the average output current. The controller controls operation of the voltage converter based on the derived average output current value.