Quick answer
The Currency Conversion Fee Calculator shows what you lose when a payment is converted between currencies. How it works: Converted = amount × exchange rate; Received = converted × (1 − conversion fee). For example, with amount received of 100, exchange rate (1 unit = ?) of 1.25, and conversion fee of 2.5 %, the you receive is 121.88.
How to use the Currency Conversion Fee Calculator
- Enter amount received.
- Enter exchange rate (1 unit = ?). Units of your currency for 1 unit of the buyer's currency.
- Enter conversion fee. Etsy charges 2.5%; Stripe adds 1% in the US; PayPal varies.
- Read you receive and the breakdown. Use Share to send the exact numbers, or Print to save a PDF.
How it's calculated
- Converted = amount × exchange rate
- Received = converted × (1 − conversion fee)
Worked example
With amount received of 100, exchange rate (1 unit = ?) of 1.25, and conversion fee of 2.5 %:
You receive: 121.88. Before fee: 125.
Currency Conversion Fee questions
How much do currency conversion fees cost sellers?
Usually 2% to 4% of the payout, built into the exchange rate. On $1,000 of sales, a 3% spread costs $30.
Is there a hidden fee in the exchange rate?
Often, yes. Many providers add a margin on top of the mid-market rate. Compare their rate with the mid-market rate to see the real cost.
How can non-US sellers reduce conversion fees?
Get paid out in your sales currency where the platform allows it, or use a multi-currency account, then convert in larger amounts at a better rate.