FX hedging by Revolut

Hi @PDX66, Revolut does not use mid-market rates for conversion but interbank rates that have a tiny bid/offer spread.

Exchange rates are discussed here a lot. From very different perspectives. But it always seems to come back to the basic problem “what is the interbank rate”.

My recommendation is to search for “interbank rate” in the forum and to dive into some of the threads, even if their title does not describe your question 100%.

This one, for example:
https://community.revolut.com/t/weekend-exchange-rate-surcharge-clarification/4483