How to get the best exchange rate?

Discussion
1

I’m getting inconsistent exchange rates depending on the amount of the payment.

Bad:

  • HUF 2442 charged S$12.80 (debit card payment at store.)
    • vs. mid-market rate value of S$12.69 (Google.)
    • i.e.: lost 1.01%
  • HUF 2000 charged S$10.45 (debit card payment online.)
    • vs. mid-market rate value of S$10.33 (Google.)
    • i.e.: lost 1.01% also.

Good:

  • HUF 125,000 charged S$651.66 (bank transfer to a third party.)
    • vs. mid-market rate value of S$651.67 (Google.)
    • i.e.: on or better than the mid-market value.
  • HUF 5,000 charged S$25.91 (debit card payment online.)
    • vs. mid-market rate value of S$25.93 (Google.)
    • i.e.: on or better than the mid-market value.

What explains the inconsistency?

Is it the amount of the payments? If so, should I maintain a balance in HUF and make a bigger transfer from SGD to HUF?

2

Maybe you get weekend surcharge??
There is extra fees on weekends and bank holidays like Easter … :slight_smile:

3

Nah, some of the worst rates are from before the weekend, while one of the better ones occurred over the weekend.

4

Not sure then :frowning:
I would ask support :slight_smile: