Enter what you sent, what currency you converted to, and what you actually received to see the hidden markup versus the live mid-market rate.
This tool compares the effective exchange rate you actually got to the live mid-market rate, showing the percentage markup and the amount it cost you.
Amount sent/exchanged: From:
To currency:
Amount you actually received:
How It Works
This tool compares the effective exchange rate you actually got to the live mid-market rate, showing the percentage markup and the amount it cost you.
How to Use This Tool
- Enter the amount you sent or exchanged.
- Choose the currency you converted from and to.
- Enter the amount you actually received after the exchange.
- Click Check to see the markup versus the live mid-market rate.
Banks, card networks, and currency exchange counters routinely apply a markup above the mid-market rate; this tool estimates that markup based on what you actually received.
Did You Know?
- Airport currency exchange counters often have some of the highest markups of any common way to exchange money.
- Many no-foreign-transaction-fee credit cards still use the mid-market rate with no added markup, which is why cards are often cheaper than cash exchange for travel.
Frequently Asked Questions
What counts as a good exchange rate?
The closer your effective rate is to the live mid-market rate, the less you are paying in hidden fees.
Why would my bank’s rate differ from what I see online?
Banks and exchange services build a markup into the rate they offer, which is separate from and often not disclosed the way a flat fee would be.