• On what rate Currenge converts money for me?

    Currenge converts money on the same Bid or Ask rates that Bank HaPoalim allows it to convert at the moment it executes your conversion order. Typically, we trade three major currencies USD, EUR and GBP at a spread (which is the distance between the Bid and the Ask) of about 30 to 50 pips. That means the difference between the buying and selling rates of the major currencies that you may get are of about 0.08-0.20%. The spread may change in time of high volatility in the foreign exchange markets.


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