Finance Tools

Western Union Exchange Rate Markup Calculator

Estimate Western Union exchange rate markup by comparing the offered rate to the mid-market rate and calculating the hidden FX cost.

This estimates Western Union exchange-rate markup by comparing the offered rate to the mid-market rate. Even when a transfer fee looks low, FX markup can be the real cost.

Enter rates as: 1 USD → receiving currency units (e.g., 1 USD = 0.97 EUR).

The true market rate (often shown by Google or FX reference sites).

The rate shown by Western Union for your corridor/method.

Exchange Rate Markup: 3.09%

Hidden FX Cost (USD): $30.00 (Value loss vs mid: 3.00%)

MetricValue
Receive at mid-market1000.000000
Receive at offered rate970.000000
Difference (receiving currency)30.000000
Hidden cost (USD)$30.00

Tip: Total transfer cost = explicit fees + hidden FX cost. Use this markup estimate with your “charges” calculator.

How to use this western union exchange rate markup calculator

  1. Enter the amount you are converting/sending.
  2. Enter the mid-market exchange rate.
  3. Enter the Western Union offered exchange rate.
  4. Calculate the markup percentage and hidden FX cost.
  5. Use results to compare with other providers.

Example

If mid-market is 1 USD = 1.0000 and Western Union offers 0.9700:

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