FX Rate Calculator — Including Fees

See exactly how much reaches the recipient after conversion. 38+ currencies. Personal and business rates.

FCA Regulated
38+ Currencies
190+ Countries
Live Rates
Personal & Business
Safeguarded Funds
FX calculator
You send
€
They get (est.)
د.إ
Mid rate
1 EUR = 3.9700 AED
Fee (2%)
−79.40 AED
NOWE rate
1 EUR = 3.8906 AED

Mid-market rates · updated live · Loading…. Fees indicative. Pricing →

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What Is an FX Rate Calculator?

An FX rate calculator converts one currency into another using a live or indicative exchange rate — showing you how much a recipient receives after any conversion fee is applied.

Most online calculators display only the mid-market rate: the midpoint between the buy and sell price on global currency markets. This is the rate you see on Google. Banks and most fintechs apply a markup above this rate — the difference is the FX markup, and it reduces how much reaches the recipient.

NOWE's calculator shows both: the indicative mid-market rate and the estimated amount after NOWE's conversion fee — up to 2% for personal accounts and up to 1.5% for business accounts. No hidden spread. What you see is what transfers.

What is NOWE

NOWE Money is a multi-currency fintech platform operated by NOWE Money B.V., registered in Amsterdam, Netherlands (KvK 98048260). It offers personal and business accounts with EU IBANs, SEPA payments, international FX across 190+ countries, and 38+ currencies. Payment services are provided by Equals Money PLC (FCA #900190). KYC takes ~4 minutes; accounts verified within 1 business day.

How to Use the FX Rate Calculator :

1
Select Your Account Type

Choose Personal or Business. Business accounts use up to 1.5% FX conversion; personal accounts use up to 2%.

2
Enter Your Send Amount & Base Currency

Type the amount you want to send. Select the base currency from the dropdown — the currency you are converting from.

3
Select the Quote Currency

Choose the currency your recipient will receive. The calculator shows the estimated amount using NOWE's indicative rate.

4
Review the Fee Breakdown

The result shows the mid-market rate, NOWE's conversion fee, and the estimated amount the recipient receives — all in one view.

5
Open a NOWE Account

Rates shown are indicative. The rate applied at time of transfer depends on live market conditions.

Understanding FX Rates: What You're Really Paying

The Mid-Market Rate vs What You Actually Pay

  • The mid-market rate — also called the interbank exchange rate — is the fair midpoint between what buyers and sellers pay for a currency on global markets. It is the rate shown on Google, Reuters, and Bloomberg.
  • No one actually transacts at the mid-market rate. Every bank and payment provider applies a markup above it to generate revenue. That markup is the exchange rate spread.
  • At traditional banks, the spread on international transfers is typically 3–5% above the mid-market rate. NOWE Money applies a conversion fee of up to 2% for personal accounts and up to 1.5% for registered business accounts — significantly below the typical bank spread.

Why Does My Exchange Rate Differ from Google's?

  • Google's currency converter shows the mid-market rate, updated in real time. This rate is a reference benchmark — not a tradeable price. When you send money through any bank or fintech, the provider adds their margin above this rate.
  • The gap between the Google rate and what you actually receive is the effective FX cost of the transfer.
  • NOWE's calculator makes this visible. The "recipient receives" figure already includes the NOWE conversion fee applied above the mid-market rate. There are no additional hidden spreads.

Calculating FX Costs for Business Transfers

  • For businesses paying international suppliers or receiving client payments in foreign currencies, FX conversion cost is a direct line item on the P&L.
  • A business paying a UAE supplier AED 50,000 per month from a EUR account at a bank charging 4% FX spread pays approximately €740 more per month than a business using NOWE's up to 1.5% business rate. Over 12 months, that is €8,880 in unnecessary FX costs on a single supplier relationship.
  • NOWE's calculator lets business account holders model the exact cost before initiating a transfer — reducing FX risk and aiding payment reconciliation in multi-currency accounting workflows.

MENA and International Currency Pairs

  • EUR to AED, EUR to SAR, EUR to TND, and EUR to MAD are among the most-used currency pairs by NOWE's target users — including MENA diaspora in Europe, Tunisian and Moroccan expats, and businesses trading with Gulf Cooperation Council partners.
  • These corridors are supported across all NOWE account types. NOWE's Netherlands EU IBAN can send and receive in 38+ currencies. Customers based outside Europe and the UK can use all FX features; physical cards are available to EU and UK-based customers only.

Key FX Concepts Explained

Mid-Market Rate

The fair midpoint between global buy and sell prices. The benchmark on Google — not the rate you actually pay.

FX Markup

The percentage added above mid-market. Banks: 3–5%. NOWE: up to 2% personal, up to 1.5% business.

Exchange Rate Spread

The gap between the rate you see and what you receive. Spread size is your real FX cost.

Currency Conversion Fee

NOWE's transparent fee on conversion — up to 2% personal or 1.5% business. No hidden spread on top.

FX Rate Comparison: NOWE vs Banks vs Fintechs

FX markup above mid-market
Traditional Bank3–5%
Typical Fintech0.5–2%
NOWE MoneyUp to 2% personal
Business FX rate
Traditional Bank2–4%
Typical Fintech0.5–1.5%
NOWE MoneyUp to 1.5% business ✓
Fee shown before transfer
Traditional BankOften hidden
Typical FintechYes
NOWE MoneyYes ✓
Fee-inclusive calculator
Traditional BankNo
Typical FintechPartial
NOWE MoneyYes ✓
SEPA transfers
Traditional BankFree–€5
Typical FintechFree–€1
NOWE MoneyFree ✓
SWIFT receive fee
Traditional Bank€10–€30
Typical Fintech€0–€10
NOWE Money€0 Platinum · €15 Classic
Supported currencies
Traditional Bank20–50
Typical Fintech30–55
NOWE Money38+ ✓
Non-resident accounts
Traditional BankRare
Typical FintechLimited
NOWE MoneyYes, worldwide ✓
EU IBAN issued
Traditional BankYes (if EU-based)
Typical FintechVaries
NOWE MoneyYes — Netherlands ✓

→ Full pricing at nowemoney.com/comparison/

Rates are indicative maximums. Actual rate applied at time of transfer. Physical cards available to Europe & UK customers only.

Who Uses the FX Rate Calculator?

Expats Sending Money Home

Calculate the exact amount your family receives before you send. Best exchange rate for expats — EUR to SAR, AED, TND, MAD supported.

Open a Personal Account

International Remote Workers

Receive salary in EUR and convert to your home currency. See the live currency rate and fee before every international money transfer.

Open a Personal Account

Non-Residents Paying in Europe

Use the foreign exchange calculator online free to check costs before paying rent, fees, or services in euros from outside the SEPA zone.

Open a Personal Account

Related Tools & Guides

Currency Converter

Convert between 38+ currencies at live mid-market rates.

SEPA vs SWIFT

Understand which payment rail to use and what it costs.

Multi-Currency IBAN

Hold, send, and receive in 38+ currencies from one EU IBAN.

International FX

Send to 190+ countries at up to 1.5% business FX rate.

Regulated and safeguarded

FCA #900190

FCA Authorised

Payment Services via Equals Money PLC, Authorised And Regulated By The UK Financial Conduct Authority.

PSD2

Safeguarded Funds

PSD2-Compliant. Client Funds Held In Safeguarded Accounts — Never Used For Credit Or Speculation.

KvK 98048260

NOWE Money B.V.

KvK 98048260 · John M. Keynesplein 4, 1066 EP Amsterdam, Netherlands
Private limited liability company registered in the Netherlands.

Compliance full details →

Frequently Asked Questions

An FX rate calculator converts one currency to another using a live or indicative exchange rate, showing you how much the recipient receives after any conversion fee. NOWE's calculator is fee-inclusive — it shows the mid-market rate and the estimated received amount after NOWE's conversion fee of up to 2% (personal) or up to 1.5% (business).

For individuals

Your money, accessible everywhere you go

Up to 2% FX fees, free SEPA transfers, and support in 190+ countries

open a personal accountSee Pricing

Physical cards available for Europe and UK customers only. All other features — IBAN, SEPA, SWIFT, FX conversion — are available worldwide.