I live in Kenya and would love to use my Revolut card for my day-to-day spending.
While in the FAQ no markups are mentioned with regard to the Kenyan Shilling (KES), I have been observing a constant 1.5-1.6% markup on the interbank exchange rates vis-à-vis EUR and CHF.
Today, on a Sunday, the markup is a whopping 2.2% (which would be at least more or less consistent with the usual 0.5% weekend markup).
Again, as the KES is not mentioned in the list of “illiquid” currencies such as UAH, RUB and THB, I do not understand this steep mark-up for the KES.
Can somebody at Revolut explain these exchange rates? Frankly, I get a better rate with my local bank!