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Rates move: enter the rate your provider quotes.
Currency Conversion Fee Calculator
Zero-fee transfers are rarely free: the margin hides in the rate. Enter your amount, rate, margin, and fees to see what the recipient really gets and the true cost as one percentage.
The true cost of sending money abroad is the exchange rate margin plus the transfer fee. A 1% margin on $1,000 costs $10; a $5 flat fee adds 0.5%. Enter your amount, rate, margin, and fees above to see the recipient's total and the effective cost as one percentage.
-Recipient receives
-Total cost
-Effective cost
Two costs, one number
Every transfer has two costs. The margin: the gap between the rate you get and the mid-market rate, usually 0% to 4%. The fee: a flat amount, a percentage, or both. This calculator combines them into the amount received and the effective cost percentage, so different providers compare honestly.
Worked example
You send $1,000 USD to EUR at a quoted rate of 0.90 with a 1% margin and a $4.99 fee. After the margin the rate is 0.891; after the fee, the recipient gets 886.51 EUR. Effective cost: 1.5%. A "zero fee" provider with a 3% margin would cost twice as much.
Finding the mid-market rate
Search your currency pair and compare the quoted rate to the mid-market rate shown by a neutral source. The percentage gap is the margin. Wise, banks, and PayPal all quote different margins; the fee line is only half the story.
Why the rate field is editable
Rates move constantly, so the page does not fetch live rates. Enter the rate your provider quotes right now, or the mid-market rate plus the margin you expect. The pair dropdown fills a recent approximate rate as a starting point.
Fee tools
See PayPal's cut per country on the PayPal fees by country page, the US fee detail in the PayPal fee calculator calculator, and price your invoices with the freelancer invoice fee calculator tool.
Planning estimate only. Results use the list prices shown and may differ from your actual bill. Terms
Frequently asked questions
What is the true cost of an international transfer?
The margin (the gap between your rate and the mid-market rate) plus any flat or percentage fee, expressed as one percentage of the amount sent. That is the only number that lets you compare providers.
How do I find the exchange rate margin?
Compare the quoted rate to the mid-market rate for the pair; the percentage gap is the margin. Typical margins: 0% to 1% for specialist services, 2% to 4% for banks and PayPal.
Is a zero-fee transfer really free?
Often the margin. A provider advertising zero fees with a 3% margin costs more than a $5 fee with a 0.5% margin on most amounts. Always compute the effective cost.
Are the exchange rates live?
No. The pair dropdown fills a recent approximate rate as a starting point, but rates move constantly. Enter the rate your provider quotes for an exact answer.
Does the transfer size change which cost matters?
The flat fee dominates small transfers; the margin dominates large ones. Splitting or combining transfers changes which cost matters most.
What is the mid-market rate?
Mid-market rate is the midpoint between buy and sell rates on the open market: the fairest reference. Your provider's rate will always be worse; the gap is their cut.
What do I need to enter?
Enter the amount, pick a currency pair, enter the quoted rate, margin, and fees. All math happens on the page.
Is my data sent anywhere?
No. The calculator runs entirely in your browser. You can disconnect from the internet after the page loads and it still works.