How does Revolut calculate the exchange rate for Euros?

3 answers

• Dec 16, 2021 · 3 years ago
  Revolut calculates the exchange rate for Euros using a combination of real-time market data and their own proprietary algorithms. They take into account factors such as supply and demand, market liquidity, and currency fluctuations. This allows them to offer competitive rates to their users. Compared to other exchanges, Revolut may have different rates due to variations in their algorithms and the specific data sources they use.
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• Dec 16, 2021 · 3 years ago
  When it comes to calculating the exchange rate for Euros, Revolut takes a data-driven approach. They analyze various market indicators, including currency pairs, trading volumes, and historical trends. By leveraging this information, Revolut can provide users with accurate and up-to-date rates. It's important to note that exchange rates can fluctuate in real-time, so the rate you see on Revolut may differ slightly from other exchanges at any given moment.
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we don't have access to Revolut's specific algorithms, but we can provide some insights into how exchange rates are generally calculated. Factors such as interest rates, inflation, political stability, and economic performance can all influence exchange rates. Additionally, supply and demand dynamics in the foreign exchange market play a significant role. It's worth noting that exchange rates can vary between different exchanges due to variations in data sources, liquidity, and trading volumes.
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