💱
Forex Spread Cost Calculator
How much do you lose when converting currency at a given spread?
Forex spread cost calculator
How much do you lose when converting currency at a given spread?
Spread is the difference between bid and ask. A 1% spread means you pay 1% more than the mid-market rate when buying. Use our converter for live rates.
How it works
The spread is the difference between the bid and ask. When you convert, you typically pay above the mid-market rate. A 1% spread on $10,000 means you lose $100. Compare providers to find tighter spreads.
When to use this
Before exchanging currency for travel or business. Compare banks, bureaux de change, or online providers. See how much you lose with a given spread. Our Currency Converter shows mid-market rates — use this tool to estimate the real cost.