Finance Tools

Currency Exchange Total Cost Calculator

Estimate the total cost of exchanging currency by combining exchange rate markup losses and explicit fees.

Currency Exchange Total Cost Calculator

Want the true cost of exchanging currency? This tool combines exchange rate markup losses and explicit fees to estimate your total cost and effective rate.

The true market rate (baseline).
The rate your provider offers.
Enter the amount in your base currency.
A fixed fee charged in base currency.
A fee charged as a percent of the amount.

How it works

We compute the ideal value at the mid-market rate (no fees), then subtract what you actually receive after explicit fees at the offered rate. The gap is your all-in total cost.

FAQ

Why is fee impact shown as “approx” in quote currency?
Fees are paid in base currency, so we convert using the offered rate to estimate their impact.

What number should I compare across providers?
Compare the “Effective Exchange Rate (All-In)” — it includes both markups and fees.

How to use this currency exchange total cost calculator

  1. Enter the mid-market exchange rate.
  2. Enter the offered exchange rate.
  3. Enter the amount you want to exchange.
  4. Enter any flat fee and/or percentage fee.
  5. Click Calculate to see total cost (loss + fees) and effective exchange rate.

Example

If the mid-market rate is 1.10, offered rate is 1.05, and the provider charges fees, this tool estimates the true total cost:

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