Why is there a permanent fee for THB and UAH?
Illiquid currencies are the most difficult to put through technical analysis. They cannot be easily sold or exchanged for cash without a substantial loss in value. There is a large discrepancy between buying and selling price. Revolut has pointed out 2 illiquid currencies: THB (Thai Baht) and UAH (Ukrainian Hryvnia).
Both of them have a fee of 1% applied for exchanges on weekdays (between 6PM New York time on Sunday to 5PM New York time on Friday) and 2% outside of this time frame to cover any losses that would result from the exchange rate fluctuation.
Managing my account
Budgeting and Analytics
- How can I control my spending with the budgeting feature?
- How can I create a budget?
- How can I edit a budget?
- How can I delete a budget?
- What is ‘Safe to Spend’ on my budget?
- How does the budgeting feature work?
- How does the Analytics feature work?
- How does the Analytics graph work?
- Setting your analytics cycle
- How can I see a spending breakdown by category?
- Managing Analytics categories
- What is Net worth in Analytics?