An image processing apparatus and method for converting a frame rate are provided. According to the present disclosure, an electronic device includes a memory, a first black-and-white image sensor, a second image sensor, and a processor. The processor is configured to set different values as a first setting value for the first black-and-white image sensor and a second setting value for the second image sensor, if an illuminance value indicating an illuminance at an arbitrary time point does not satisfy a predetermined illuminance value, to acquire a black-and-white image of an object based on the first setting value using the first black-and-white image sensor, to acquire at least one color image of the object based on the second setting value using the second image sensor, to generate a color image by synthesizing the black-and-white image with a color determined based on at least part of color information of the at least one color image, and to store the generated color image as video data in the memory. The black-and-white image has a high resolution relative to a resolution of the at least one color image.