Income in foreign currencies, e.g. foreign dividends or as a result of corporate actions, is converted into euros. All currency conversions are carried out at the applicable selling rate (foreign exchange buying rate) for debits and at the applicable buying rate (foreign exchange selling rate) for credits.
For currency conversions, market (foreign exchange) interbank buying and selling rates are determined several times each banking day. The selling and buying rates required for currency conversions are calculated on the basis of these rates, taking into account a premium or discount in accordance with the buying and selling margins listed in the table below. It applies the most recent selling or buying rate calculated at the time the transaction is processed. The timing is different from the timing of the securities transaction itself.
The rate used for foreign exchange conversion is shown by Trade Republic on the corresponding settlement statement.
Currency specific margins for foreign exchange conversion
ISO abbreviation - currency
- AED - 0.0065
- AUD - 0.0018
- BGN - 0.0023
- BRL - 0
- CAD - 0.0018
- CHF - 0.0014
- CNH - 0.0093
- CZK - 0.0306
- DKK - 0.0089
- GBP - 0.0011
- HKD - 0.0112
- HRK - 0.0089
- HUF - 0.3717
- IDR - 24
- ILS - 0.0049
- INR - 0
- JPY - 0.1536
- MXN - 0.0277
- MYR - 0.0076
- NOK - 0.0112
- NZD - 0.0019
- PEN - 0.0046
- PHP - 0.09
- PLN - 0.005
- QAR - 0.0052
- RON - 0.0055
- RUB - 0.0818
- SAR - 0.0053
- SEK - 0.0114
- SGD - 0.0019
- THB - 0.0585
- TRY - 0.0054
- TWD - 0
- USD - 0.0014
- ZAR - 0.0178