Speak To An Expert
Get clear, personalised advice for your situation.
Jot down a few questions to make the most of your conversation.
How Revolut currency exchange works
Revolut lets you exchange money in the app at interbank or “real” exchange rates during market hours. This means you can usually convert pounds into foreign currency, or back again, without the large markup often found with traditional banks.
The app supports many currencies, so you can hold balances in different currencies at the same time. This is useful if you travel often, shop online from overseas retailers, or get paid in another currency.
Using the app to exchange money
To make an exchange, you open the Revolut app, choose the currencies you want to swap, and enter the amount. The app shows the live rate before you confirm, so you can check the cost first.
Once the exchange is complete, the new currency appears in your account straight away. You can then spend from that balance using your Revolut card, or keep it for later.
Fees and limits to know
Revolut offers free exchanges up to a monthly limit on some plans, but fees can apply once you go over that allowance. Charges may also be higher at weekends, when the app adds a small markup because the foreign exchange market is closed.
It is worth checking your plan, because exchange limits and fees vary depending on whether you use Standard, Plus, Premium, Metal, or Ultra. If you are converting larger amounts, these details can make a noticeable difference.
Weekend rates and market timing
One important thing to understand is that Revolut’s best rates are usually available on weekdays. At weekends, the company applies an extra fee on many currency exchanges to protect against market movements.
This does not mean you should avoid Revolut at weekends, but it may be better value to exchange money during the week if your transfer is not urgent. Planning ahead can help you get more for your pounds.
What UK users should keep in mind
For UK customers, Revolut can be a handy way to manage travel money and overseas spending. It is especially useful if you want to avoid poor bank exchange rates when paying abroad or sending money in another currency.
However, exchange rates can move quickly, and fees can still apply in certain situations. Before converting money, it is sensible to check the app’s live rate, any limits, and whether weekend pricing applies.
Frequently Asked Questions
Revolut currency exchange is the process of converting one currency to another inside the Revolut app or card ecosystem. Revolut currency exchange typically uses an in-app exchange rate shown at the time of conversion, and you can hold, exchange, send, or spend in multiple currencies depending on your plan and location.
Revolut currency exchange supports many major and minor currencies, but the exact list depends on your country, account type, and local regulations. You can check the full current currency list in the Revolut app before making a Revolut currency exchange.
To make a Revolut currency exchange, open the Revolut app, go to the Accounts or Exchange section, choose the source currency, select the target currency, enter the amount, review the rate and fees, and confirm the exchange. The converted funds are then added to your balance in the target currency.
Revolut currency exchange is usually based on the live market rate shown in the app, but rates can differ during weekends, for certain currencies, or after you exceed plan limits. Always review the final rate displayed before confirming a Revolut currency exchange.
Revolut currency exchange can be free within plan limits for supported currencies, but fees may apply depending on your subscription, the currencies involved, the time of exchange, and any limits you have reached. The app shows any applicable fee before you confirm the exchange.
Revolut currency exchange limits depend on your plan, account verification status, and the currencies being exchanged. Some plans include a monthly free exchange allowance, after which a fee may apply. You can view your current Revolut currency exchange limits in the app.
Revolut currency exchange works on weekends, but weekend markups or higher fees may apply for some currencies to protect against market fluctuations. The app will show the cost of a weekend Revolut currency exchange before you confirm it.
Revolut currency exchange may offer limit orders or recurring exchange features in some regions or account types, allowing you to exchange when a target rate is reached or on a set schedule. Availability depends on your account and local features.
In most cases, a confirmed Revolut currency exchange cannot be reversed because exchange rates can change immediately after execution. If you believe there was an error, contact Revolut support as soon as possible, but reversal is not guaranteed.
Most Revolut currency exchange transactions complete instantly or within a few seconds. Delays can happen if there is a verification check, service issue, or a problem with the selected currency pair.
Yes, Revolut currency exchange can help you spend abroad by converting your balance into the local currency or by letting your card automatically use the most appropriate balance when you pay. Card payments in foreign currencies may still be subject to exchange rules and limits.
Yes, Revolut currency exchange can be used before making international transfers so you can send money in the recipient's currency. Depending on the destination and method, Revolut may also convert funds automatically during the transfer process.
Revolut currency exchange is designed to show the rate and any fee upfront, so there should not be hidden costs if you review the confirmation screen carefully. However, exchange rates may include weekend pricing, out-of-hours pricing, or plan-based fees that affect the final amount.
Revolut currency exchange rates are often more competitive than traditional bank rates because Revolut usually offers near-market pricing and lower fees on many currency pairs. The exact comparison depends on your bank, the currencies involved, and the timing of the exchange.
Revolut currency exchange usually refers to fiat currency conversion, while cryptocurrency transactions are handled separately in the crypto section of the app. If crypto exchange is available in your region, it follows different rules, fees, and risks from standard Revolut currency exchange.
If Revolut currency exchange fails, the app will usually show an error and your original balance should remain unchanged. You can try again later, check your internet connection, verify your account, or contact support if the issue continues.
Identity verification may be required for Revolut currency exchange depending on local rules, your account activity, or the amount you want to exchange. If verification is needed, Revolut will prompt you in the app before allowing further currency exchanges.
Yes, business accounts can often use Revolut currency exchange to manage international payments, supplier costs, and multi-currency balances. The available features, fees, and limits for Revolut currency exchange may differ from personal accounts.
You can check your Revolut currency exchange history in the app by opening your account activity or transaction list and filtering for exchange transactions. Each entry typically shows the currencies exchanged, the rate, the amount, and any fees applied.
Before making Revolut currency exchange for a large amount, check the live rate, review fees and limits, confirm whether weekend pricing applies, and make sure your account is verified. For very large exchanges, consider timing and market movement because exchange rates can change quickly.
Ergsy Search Results
This website offers general information and is not a substitute for professional advice.
Always seek guidance from qualified professionals.
If you have any medical concerns or need urgent help, contact a healthcare professional or emergency services immediately.
Some of this content was generated with AI assistance. We've done our best to keep it accurate, helpful, and human-friendly.
- Ergsy carefully checks the information in the videos we provide here.
- Videos shown by Youtube after a video has completed, have NOT been reviewed by ERGSY.
- To view, click the arrow in centre of video.
- Most of the videos you find here will have subtitles and/or closed captions available.
- You may need to turn these on, and choose your preferred language.
- Go to the video you'd like to watch.
- If closed captions (CC) are available, settings will be visible on the bottom right of the video player.
- To turn on Captions, click settings.
- To turn off Captions, click settings again.