CapitalOne is using the day after the date you have listed on your spreadsheet.

For example, for your first transaction of 43 SGD, you have a date of 12-Oct-2018. However, if you plug 13-Oct-2018 into Visa's Exchange Rate Calculator, you'll see that it gives you the same USD price as CapitalOne charged you.

The discrepancy in date might be related to the time difference, as you noted.

In my opinion, it is nothing to worry about. As you noted, it is just as likely as not to work in your favor. For cards that do have a foreign exchange fee, the fee averages 3%, and the difference you are seeing is nowhere close to that.


In response to your edit:

Please also explain why the three transactions on Nov 2nd have slightly different exchange rates even on my credit card statement.

All three of these transactions are using the exchange rate from November 3.

It appears that CapitalOne is using the real exchange rate for November 3 for each of these transactions. They then round to the nearest penny. Finally, for the exchange rate that appears on your statement, they calculate it for each transaction using the rounded amount that you were actually charged.

Example: The 11/2/2018 transaction of 30.00 SGD is converted to $21.902010 USD based on the 11/3/2018 rate. This is then rounded to $21.90, and is what you were charged on your credit card account. For the exchange rate listed on your statement, they simply calculated 30.00/21.90 = 1.369863014. Because of the rounding to the nearest penny, the exchange rates calculated on your statement in the last step are all slightly different from each other, but notice that all three of them are identical to the first three decimal places. Yes, it might be less confusing if they simply showed you the actual rate used in the first step, rather then back-calculating the rate after the rounding occurs, but that is the choice they made, and most people won't care.

Answer from Ben Miller on Stack Exchange
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Capital One
capitalone.com › learn & grow › money management › foreign transaction fees
Foreign Transaction Fees Defined & Explained | Capital One
Currency conversion fees are charged ... for exchanging one country’s legal tender for another. Both fees may sometimes be combined and referred to together as a foreign transaction fee. Capital One doesn’t charge foreign transaction or currency conversion fees, but other issuers might. View important rates and ...
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Wise
wise.com › us › compare › capital-one-exchange-rate
Capital One Exchange Rate: How Much Does a Capital One International Transfer Cost? - Wise
Compare live Capital One exchange rates across the most popular world currencies. Find out how much it costs for an international money transfer with Capital One and how long a transfer would take.
Top answer
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7

CapitalOne is using the day after the date you have listed on your spreadsheet.

For example, for your first transaction of 43 SGD, you have a date of 12-Oct-2018. However, if you plug 13-Oct-2018 into Visa's Exchange Rate Calculator, you'll see that it gives you the same USD price as CapitalOne charged you.

The discrepancy in date might be related to the time difference, as you noted.

In my opinion, it is nothing to worry about. As you noted, it is just as likely as not to work in your favor. For cards that do have a foreign exchange fee, the fee averages 3%, and the difference you are seeing is nowhere close to that.


In response to your edit:

Please also explain why the three transactions on Nov 2nd have slightly different exchange rates even on my credit card statement.

All three of these transactions are using the exchange rate from November 3.

It appears that CapitalOne is using the real exchange rate for November 3 for each of these transactions. They then round to the nearest penny. Finally, for the exchange rate that appears on your statement, they calculate it for each transaction using the rounded amount that you were actually charged.

Example: The 11/2/2018 transaction of 30.00 SGD is converted to $21.902010 USD based on the 11/3/2018 rate. This is then rounded to $21.90, and is what you were charged on your credit card account. For the exchange rate listed on your statement, they simply calculated 30.00/21.90 = 1.369863014. Because of the rounding to the nearest penny, the exchange rates calculated on your statement in the last step are all slightly different from each other, but notice that all three of them are identical to the first three decimal places. Yes, it might be less confusing if they simply showed you the actual rate used in the first step, rather then back-calculating the rate after the rounding occurs, but that is the choice they made, and most people won't care.

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XE
xe.com › en-us › compare › capital-one-exchange-rate
Capital One Exchange Rate: How Much Does an International Transfer with Capital One Cost?
May 20, 2009 - Small differences in rates and fees can lead to significant savings—especially on larger transfers. Our comparison tool makes it easy to find the best value for your specific currency pair. The Capital One exchange rate refers to the rate they offer for converting one currency into another during an international money transfer.
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Monito
monito.com › home › buy foreign currency
Capital One Foreign Currency Exchange
August 6, 2025 - Capital One Foreign Currency Exchange: Does Capital One exchange currency? Can I get Euros, Pounds or other currencies? Get Capital One rates, info, and tips.
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Reddit
reddit.com › r/venturex › currency conversion fee?
r/Venturex on Reddit: Currency conversion fee?
September 17, 2024 -

I was planning to make an online purchase from another country using my Venture X card. When I saw the converted amount in USD, it seemed a bit higher than expected based on the current exchange rate. Upon checking, I discovered that Capital One is charging a 6% currency conversion fee. I was under the impression that foreign transactions with VextureX didn’t have any fees.

Has anyone else experienced this, or am I missing something?

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Capital One
capitalone.com › bank › money management › life events › accessing money overseas
The Cheapest Ways to Access Cash While Traveling Abroad | Capital One
Remember to call your bank ahead of time in case you need to make other arrangements such as an international currency exchange. While it may seem like a handy thing for a vendor, a concierge or an ATM to convert your transactions to dollars, there can be hidden costs and substantial markups on top of a foreign transaction fee.2 You’ll also want to keep in mind the exchange rate from the U.S.
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WalletHub
wallethub.com › popular credit card questions
Capital One Quicksilver Exchange Rate Fee Info
1 month ago - Mastercard exchange rates change on a daily basis, and they update these rates each day on their website. Capital One Quicksilver does not charge foreign transaction fees, unlike most other cards. This means the Capital One Quicksilver will save cardholders 1.58% on purchases made abroad and through international merchants, compared to the average credit card offer. As long as you pay with a no foreign transaction fee card and avoid dynamic currency ...
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Capital One
capitalone.com › learn & grow › money management › cash or card when traveling
Cash or Card When Traveling: What’s Best? | Capital One
But Capital One never charges foreign transactions fees on its credit cards. View important terms and disclosures. ... If you plan to bring cash along when you travel, start looking at exchange rates before you leave. This way, you can make sure you’re getting the best rate to exchange U.S. dollars. Getting local currency ...
Find elsewhere
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Transfer Supermarket
transfersupermarket.com › usa › capital-one
Capital One Bank Exchange Rates | USD International Payments
July 30, 2025 - Example: A typical overseas currency transfer of $100,000 US dollars (USD) using Capital One Bank services would have a transaction exchange rate margin of around 5.0% – or $5,000 USD.
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XE
xe.com › en-us › compare › capital-one-usd-to-eur
Compare Capital One USD to EUR exchange rate
May 20, 2009 - Considering using Capital One for your transfer from USD to EUR? Compare Capital One exchange rates and fees to discover your potential savings with Xe. ... Speak with a currency expert today.
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Capital One
capitalone.com › learn & grow › money management › using credit cards in mexico
Can I Use My Credit Card in Mexico? | Capital One
Capital One doesn’t charge foreign transaction or currency conversion fees. View important rates and disclosures. It can be a good idea to bring some cash as well as your card to Mexico. Apply for a travel card and elevate your next trip. Terms apply. ... The way to use a U.S.-issued credit card in Mexico is the same as it is at home. But when you buy something in Mexican pesos, the card issuer typically automatically converts the price into U.S. dollars and incorporates the exchange rate.
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WalletHub
wallethub.com › popular credit card questions
2026 Capital One Credit Card Exchange Rate
November 24, 2025 - The Capital One credit card exchange rate is the Visa or Mastercard exchange rate on the date a purchase is made, depending on the Capital One credit card. While credit card currency exchange costs normally include foreign transaction fees, too, none of Capital One’s credit cards have these fees
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Reddit
reddit.com › r/mexicoexpats › capital one mastercard consistently giving me a way worse exchange rate from usd to mxn
r/mexicoexpats on Reddit: Capital one Mastercard consistently giving me a way worse exchange rate from USD to MXN
April 8, 2024 -

Capital one is supposed to have no foreign transaction fee. I get that Mastercard takes a small amount off the top (1% or less) but it seems capital one or maybe it’s MC is offering a terrible rate for usd to MXN conversion? I don’t seem to have this problem for USD to EUR transactions, only seem to be getting screwed over when it comes to USD to MXN

What CC from the US offers the best rate? Is this happening with other MC cards or is it just cap one? Wondering if visa is better.

For example I just made a 214 MXN purchase which at time of conversion is $11.03 and was charged $11.48. This is 4% extra

Top answer
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It is a very volatile day today, it might be that. MC is generally pretty good and I am pretty sure it is MC/Visa/Amex and not the bank that is setting the rate.
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For 8/5/24 214MXN to USD Visa is $11.36 today, .83% markup over ECB MC is $11.24 today. If you’re referring to the wholesale rate, you aren’t getting that because MC & Visa take their cut. Nobody is giving you the wholesale rate ($11.08). Additionally MC and Visa set the exchange rate daily, while the wholesale rate changes throughout the day. MC: 1 Mexican Peso = 0.0525094 United States Dollar Your transaction amount of 214.00 MXN = 11.24 USD in your card currency Visa: 214 MXN = 11.360609 USD % de incremento sobre la tasa del Banco Central Europeo 0.83 1 MXN = 0.053087 USD 1 USD = 18.837018 MXN If you were charged some other rate than this on a 0% card you may have accidentally had dynamic currency conversion selected for you meaning your transaction was billed in USD at a worse conversion based on the cc terminal. Always decline that option. Yesterday 8/4 MC rate is $11.48 1 Mexican Peso = 0.0536236 United States Dollar Your transaction amount of 214.00 MXN = 11.48 USD in your card currency The currency conversion rate and your card currency amount are as of August 4th 2024 and includes a bank fee of 0% Visa yesterday was: $11.36 214 MXN = 11.360609 USD % de incremento sobre la tasa del Banco Central Europeo 0.83 1 MXN = 0.053087 USD 1 USD = 18.837018 MXN So yes, yesterday you were charged the correct price. Visa would have been .12c USD cheaper but today MC is .12c less. In summary, nobody is giving you a better rate than MC/Visa at 0% additional bank foreign transaction fee. Use their calculator to know what you should get, not Google which is irrelevant. They vary by day who is cheaper. The price you were charged in USD for a 214MXN transaction for Capitalone MC at 0% markup looks correct for yesterday, incorrect for today. https://www.mastercard.us/en-us/personal/get-support/convert-currency.html https://usa.visa.com/support/consumer/travel-support/exchange-rate-calculator.html
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Capital One
capitalone.com › learn & grow › money management › using a credit card abroad
Tips for Using a Credit Card Internationally | Capital One
You’re in Mexico and pay 2,000 pesos for pottery, and you may wonder how much that is in U.S. dollars. Dynamic currency conversion immediately tells you what the peso-to-dollar exchange rate is at the point of purchase. But you might have to pay extra for that information.
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Ramp
ramp.com › blog › business credit cards
Capital One Foreign Transaction Fee Guide
November 10, 2025 - Capital One does not charge a separate currency conversion fee. Currency conversion is handled by the payment network (Visa or Mastercard) at the market rate on the processing date. Since exchange rates vary daily, the final charge on your Capital One statement may differ slightly from the amount shown at the time of purchase, depending on when the transaction posts.
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Reddit
reddit.com › r/travelhacks › dollar to euro exchange?
r/TravelHacks on Reddit: Dollar to euro exchange?
March 2, 2024 -

Traveling to Europe for 3months and I leave beginning of April. How should I go about getting cash? I have a Capital One account, both debit and cc, and an Amex just cc. Trying to figure out the best exchange situation. I’ll use my Amex cc primarily but for small things and tips I think I will need a few hundred to a thousand euros. Is it better to exchange with a bank here in the US or in Europe? Is there even an atm for me in Europe? I’m starting in Lisbon, then on to Madrid, Barcelona, Cannes, Florence, Naples. That’s just my first 6 weeks. I’m north after that. Thanks for the help in advance!

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Wise
wise.com › us › blog › order-euros-capital-one
How to order euros from Capital One - Wise
June 25, 2024 - Capital One doesn’t charge foreign ... currencies.⁷ · However, you’ll still need to exchange your money from US dollars to euros – and you may not know exactly how much this will cost until you come to make your transaction. Capital One uses MasterCard®, which means the bank may use the MasterCard exchange rate for euro ...
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WalletHub
wallethub.com › popular credit card questions
2026 Capital One Venture X Credit Card Exchange Rate
November 24, 2025 - Visa exchange rates change on a daily basis, and they update these rates each day on their website. Capital One Venture X does not charge foreign transaction fees, unlike most other cards. This means the Capital One Venture X will save cardholders 1.58% on purchases made abroad and through international merchants, compared to the average credit card offer. As long as you pay with a no foreign transaction fee card and avoid dynamic currency ...
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Capital One
capitalone.com › learn & grow › money management › no foreign transaction fees
Does Capital One Have Foreign Transaction Fees? | Capital One
Currency conversion fees are charged for exchanging one form of currency for another. Capital One doesn’t charge foreign transaction fees for any of its U.S.-issued credit cards. View important rates and disclosures.