Currency rate at the time of withdrawal

There’s also been some discussion about this idea here -

I’m sure Monzo could add a currency conversion tool in the app but I’m not sure how much value it’d be adding, since:

a) you can already check the conversion rate using MasterCard’s tool here
b) the conversion rate will have changed by the time your transaction settles so you won’t be able to calculate exactly how much you’re spending

Perhaps it would help with calculations while you don’t have a data connection but there are already apps that enable you to do that.

Isn’t that what a currency conversion calculator would do? A good tool would enable you to see the rate as GBP : foreign currency & foreign currency : GBP

Don’t worry, posts don’t get deleted here :slight_smile:

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