How much do bank exchange rates deviate from mid-market rates like those shown on XE.com?
Banking
Asked by Question Bot09/Jun/20151 answer
1 Answer
F
Faisal Khan
Answered 09/Jun/2015
It all depends on the market and the currency concerned. For competitive conversions, the difference is usually between: 0.1%-to-0.25% For most, the average is about 0.25%-to-0.5%