Local Currency → EUR Real Cost Calculator
Even when the transfer fee is zero, the exchange-rate margin can increase the total cost. Choose your currency; the live market rate is fetched automatically, and you can enter your own bank rate.
Updated:
Privacy: The calculation runs in your browser; the full IBAN, account number, amount and reference you enter are not sent to a server, logged or passed to analytics. Some tools may pass only a non-sensitive term (e.g. bank code, BIC, currency) to a lookup service for search/matching. Per-tool detail: Privacy.
How does this tool calculate?
Medium — estimate derived from a tariff- Method/formula used
- margin_rate = |bank_rate − market_rate| / market_rate · fx_cost = principal × margin_rate. The market rate comes from the live ECB reference; the bank rate is estimated by default with a margin.
- Data used
- Live ECB reference rate (frankfurter.app) + a default/entered bank margin (live)
- Rounding
- Amounts to 2 decimals
- Unsupported cases
- Does not replace a real bank tariff/rate — enter your own rate to finalise
What is the exchange-rate margin?
The exchange-rate margin is the difference between the rate the bank or provider applies to you and the
real market (reference) rate. Formula: margin = |bank_rate − market_rate| / market_rate.
Even when the transfer is "free", this margin is a hidden cost on every unit you convert.
Non-euro countries and Turkey
In places such as Turkey (TRY), Poland, Czechia, Hungary and Sweden, the main cost is often not the transfer fee but the exchange-rate margin. This tool fetches the live ECB reference rate and applies a typical bank margin; you can finalise it by entering your own bank's rate. For detail, see what is a bank exchange-rate margin and SEPA currency conversion.
Sources
Payment systems and SEPA statistics
European Central Bank (ECB)
- Document date:
- 2025
- Last checked:
- 2026-07-16
SEPA scheme rulebooks & geographical scope
European Payments Council (EPC)
- Document date:
- 2025
- Last checked:
- 2026-07-16