How does Revolut's currency exchange feature work on weekends?

3 answers

• praneet rajOct 13, 2022 · 3 years ago
  Sure! On weekends, Revolut's currency exchange feature works slightly differently compared to weekdays. While the process remains the same, the rates may vary. Revolut uses real-time exchange rates, and these rates are influenced by market conditions. As the forex market is closed on weekends, Revolut may apply a small markup to the exchange rate to account for potential fluctuations when the market reopens on Monday. However, this markup is usually minimal and transparent, ensuring that users still get competitive rates even on weekends.
  544

  272
• Kaspersen MoserJan 20, 2023 · 2 years ago
  Revolut's currency exchange feature operates seamlessly on weekends as well. The platform uses interbank exchange rates, which are the most accurate rates available. However, it's important to note that the forex market is closed on weekends, so the rates may be slightly different compared to weekdays. Revolut applies a small markup to the rates on weekends to account for potential fluctuations when the market reopens. This ensures that users can still exchange currencies conveniently and at competitive rates even on weekends.
  532

  178
• Dev_ilmanMar 26, 2022 · 3 years ago
  When it comes to weekends, Revolut's currency exchange feature continues to provide users with a smooth experience. The platform uses real-time exchange rates, which are updated every few seconds. While the rates may fluctuate slightly on weekends due to market conditions, Revolut ensures that users still get the best possible rates. The platform applies a small markup to the rates on weekends to account for potential market fluctuations when the forex market reopens. This ensures that users can exchange currencies at competitive rates, regardless of whether it's a weekday or weekend.
  591

  148