One of Revolut’s key competitive features is that clients can exchange funds in their account to several different currencies worldwide on interbank rates. This only works if
- you convert your money during open market hours
- remain within your free allowance.
Currency selection & account currencies
The currency selection available to Revolut clients varies depending on several factors:
Revolut offers certain currencies as account base currencies
There is a different currency selection when it comes to currencies that you can hold in the app
And yet another selection when it comes to what currencies you can use to top up your account
Let’s see these categories one by one:
Currencies to exchange within the app
Currencies to top up your account
Let’s see what happens if you exchange currencies when markets are closed and/or exceed your free monthly limit.
Limit & fees
What are the fees when markets are closed?
During out-of-market hours, a 1% fee applies to all currency exchange transactions, except transactions involving THB and UAH, for which a 2% fee applies.
Market hours are between 17:00 EST Sunday - 16:00 EST Friday (23:00 Sunday - 22:00 Friday GMT+1)
Out of market hours are between 16:00 EST Friday - 17:00 EST Sunday (22:00 Friday - 23:00 Sunday GMT+1)
How much is the free allowance per account type?
The exchange limits per month are the following:
- Standard plan: €1,000/month
- Plus plan: €1,000/month
- Premium plan: No limit/month
- Metal plan: No limit/month
What are the fees if I exchange more than my free allowance?
If you exchange more than your monthly allowance, you’ll be charged a 0.4% fee of the exchange value.
-> Back to Revolut Review 2022
- About Revolut the company
- Revolut card
- Revolut fees
- Revolut account opening
- How do I deposit in Revolut?
- How to withdraw from Revolut?
- Trading stocks on Revolut
- Is Revolut safe?
- Revolut cryptocurrencies
- Revolut alternatives & competitors