How does Revolut calculate the Euro rate for today?

3 answers

• Dec 17, 2021 · 3 years ago
  Revolut calculates the Euro rate for today by taking into account various factors such as market demand, liquidity, and exchange rates from multiple sources. They use advanced algorithms to analyze these factors and determine the most accurate rate. This ensures that Revolut users get a fair and competitive exchange rate for their currency conversions.
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• Dec 17, 2021 · 3 years ago
  When calculating the Euro rate for today, Revolut considers factors such as real-time market data, interbank rates, and customer demand. They also take into account any fees or charges associated with the currency exchange. This helps them provide users with a transparent and reliable rate that reflects the current market conditions.
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• Dec 17, 2021 · 3 years ago
  Revolut calculates the Euro rate for today using a combination of real-time market data and their own proprietary algorithms. They analyze factors such as supply and demand, market volatility, and liquidity to determine the most accurate rate. This ensures that Revolut users can exchange their currency at a fair rate without any hidden fees or markups. Please note that this answer is based on general knowledge and may not reflect the specific practices of BYDFi or other exchanges.
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