Manual Auto Exchange rate cannot be input for large rate differences (eg. >100:1)

[NFH]

@grinapo, I have reported the same issue at:

Can't enter desired FX rate on orders ("auto-exchange") because currency pair is incorrectly inverted

Revolut supports limit orders, which it calls “auto-exchange”. This allows users to enter the rate at which they would like to sell one currency and buy another currency, together with the amount expressed in either the sold currency or the bought currency. When the market rate reaches the order level, the order is filled. Revolut fails to adhere to two FX market conventions: Currency precedence: FX rates are expressed in CCY1/CCY2 format, whereby CCY1 amount x rate = CCY2 amount or CCY2 amo…

@grinapo

The most extreme example (and thus the required precision in our current world) would be to exchange from Iranian Rial (IRR) to Kuwaiti Dinar (KWD) which has 138575:1 exchange rate so 0.00000721627 is the current rate.

Revolut doesn’t support KWD or IRR as balance currencies. That’s why I used the example of GBP/HUF, which is Revolut’s strongest supported currency against its weakest supported currency.