Currency Margin Calculator

Add an FX margin/markup to an exchange rate and convert amounts.

%
Converted amount
₹8,200.00
Effective rate82
Margin cost₹200.00

Frequently Asked Questions

What is an exchange rate margin?+

A margin (or markup) is the extra percentage a bank or money changer adds to the mid-market exchange rate. If the base rate is 80 and the margin is 2.5%, you are actually charged an effective rate of 82.

How is the effective rate calculated?+

The effective rate equals the base rate multiplied by (1 + margin ÷ 100). Your converted amount is then the amount times this effective rate.

How much does the margin cost me?+

The margin cost is the amount multiplied by the base rate and by the margin percentage. It is the extra you pay compared with converting at the base rate.