Finance Tools

Exchange Rate Fee Impact Calculator

Estimate how much money you lose due to hidden exchange rate markups compared to the mid-market rate.

Exchange Rate Fee Impact Calculator

Banks and payment services can hide fees inside exchange rates. This tool estimates how much you lose due to exchange rate markups compared to the mid-market rate.

The “true” market rate (no markup).
The rate shown by your bank/service.
Enter the amount in your base currency.

How it works

Even if a provider charges no explicit fee, it may offer a worse exchange rate than the mid-market rate. The difference translates into hidden cost.

FAQ

Is an exchange rate markup the same as a fee?
Not exactly. A markup is hidden in the rate, while a fee is charged separately. Both increase your total cost.

How can I reduce exchange rate losses?
Compare providers using the same mid-market reference, and prefer transparent fees over hidden rate markups.

How to use this exchange rate fee impact calculator

  1. Enter the mid-market exchange rate (the true market rate).
  2. Enter the exchange rate offered by your bank or service.
  3. Enter the amount you want to exchange.
  4. Click Calculate to see your hidden exchange rate loss and loss percentage.

Example

If the mid-market rate is 1.10 but the offered rate is 1.05, this calculator helps you understand the hidden cost:

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