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Any currency pair
Enter what you paid and what arrived, and see how much of the cost was the fee and how much was hidden in the exchange rate.
The result updates as you type. Your figures stay in your browser; only the reference rates come from us.
How the cost breaks down.
| Mid-market amount | 890.75 EUR | 1,000.00 USD |
|---|---|---|
| Fee (you entered) | 0.00 USD | 0.00 EUR |
| Exchange-rate markup | 40.75 EUR | 45.75 USD |
You got 1 USD = 0.85 EUR, against 0.89075 mid-market. The markup is 4.57% of the rate, on top of the fee.
Most transfers that change currency cost you twice: an explicit fee, and a margin built into the exchange rate. The margin is the gap between the mid-market rate, the midpoint between buying and selling, and the rate you were actually given. It is rarely shown as a fee, and it is often the bigger of the two.
What you paid, minus any fee, is the amount that was converted. Dividing what arrived by that amount gives the rate you got. Comparing it with the mid-market rate gives the margin, as a percentage and as money.
The midpoint between the rates at which a currency is bought and sold. The rates here are reference rates refreshed during the day. A provider quotes live, so a small difference can be timing rather than margin.
See today's ratesCorrect bank details are half of a good transfer. The other half is what it costs: the fee and the exchange-rate margin.
FAQ
The midpoint between the price at which banks buy and sell a currency. It is the fairest single reference point, and it is not a rate any retail customer is normally offered.
Free, no sign-up. The calculator runs in your browser and stores nothing.
Enter the total that left your account, and the fee separately if you know it. The calculator splits the total cost into the fee and the exchange-rate margin.
Either the reference rate moved after your transfer, or the provider gave a rate better than mid-market, which happens with some promotions. Check the date the rate here was refreshed.
No. The arithmetic runs in your browser. Only the reference rates come from our database.
