Foreign exchange research, tested with real amounts
See what changes when the same amount and currencies are compared across provider pricing models, public quote pages and a typical-bank example. Each study shows the inputs, results and source type, with data you can download and check.
Edited by Klaus Thorup
Latest market test
USD to EUR large-conversion test: 12 providers and a bank example
The lowest recorded screening cost was $2, while the typical-bank example reached $3,033.95. The study shows where minimum commissions, volume discounts and plan allowances change the result.
New research area
Business foreign exchange for SMEs
Compare supplier payments, receiving foreign revenue and monthly business-account plans. The business studies count subscription, setup and payment charges separately from the exchange rate.
Market tests and datasets
Start with the question you want answered
The broad tests compare one product per provider. The focused studies isolate transfer size or route so the reason for a ranking change is easier to see.
$1,000 market test
USD to EUR price test: 12 providers and a bank example
A broad snapshot of fees, customer rates, total costs and the amount left after conversion.
$100,000 market test
USD to EUR large-conversion test: 12 providers and a bank example
See how minimum commissions, volume pricing and plan allowances change the order at a large amount.
Transfer-size study
How USD to EUR costs change from $1,000 to $100,000
Six pricing structures compared at $1,000, $10,000 and $100,000 using one recorded reference rate.
Cross-route study
Xe and Wise public prices across three currency routes
A direct look at how the displayed result changes across Mexico, Nigeria and New Zealand routes.
Route quote archive
Public prices with their conditions attached
These narrower records keep welcome rates, funding methods and missing checkout fees visible. Mexico and Nigeria now include Xe alongside Wise and Remitly; New Zealand includes Xe, Wise and Remitly.
Challenger provider research
Newer services tested around the exact India transfer, African delivery, global banking or foreign-income job they are built to solve.
Provider decision tests
Comparisons with a dated evidence record, clear product scope and price examples at more than one amount.
Large currency conversions
Research for investors comparing a brokerage currency trade with a normal recipient transfer.
Country and payment-route research
Transfer guides that combine current price examples with local bank, regulator and recipient instructions.
How the archive is maintained
Fixed-date releases are kept unchanged so later checks can be compared with them. We plan a full review each quarter and publish an earlier update when an official pricing document or a reproducible public quote shows a material change. The next scheduled review is November 2026.