Currency Exchange Fee Calculator
Find out how much your bank or exchange service charges in hidden fees.
Compare the offered rate against the real market rate.
Fee Breakdown
Currency exchange fees are often hidden in the exchange rate itself, not just in upfront charges.
How to calculate the hidden fee:
Fee Amount = Amount × (Market Rate − Bank Rate) / Market Rate
Fee Percentage = ((Market Rate − Bank Rate) / Market Rate) × 100
Where to find the real market rate:
- Google “USD to EUR” for a live mid-market rate
- XE.com or Google Finance show interbank rates
- Compare this to what your bank or service offers
Typical markups by service:
- Banks: 2–5% markup
- Airport kiosks: 8–15% markup
- Credit cards (no foreign fee): 0–1%
- Wise/Revolut: 0.3–1.5%
- Western Union/MoneyGram: 1–5% + flat fee