Calculate the true cost of foreign currency transactions including bank markup fees.
To convert 1,000 in foreign currency, your total cost will be ₹85,588. This includes the base exchange amount of ₹83,500 plus a bank markup fee of ₹2,088 due to the 2.5% forex markup rate.
Total Cost in Base Currency (INR)
₹85,587.5
Effective Exchange Rate
₹85.5875
Markup Fee Paid
₹2,087.5
Used by calculators that reference global assumptions
RBI target: 4% · Historical avg: ~6% · Used by calculators that show "Value in Today's Money".
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