When traveling abroad, getting the best exchange rates can significantly impact your budget. Many travelers end up paying high conversion fees or hidden charges when exchanging currency at airports, banks, or hotels. However, using the best platform for low exchange rates in international travel can help you save money and get the most value for your currency exchange.
In this guide, we will explore the best currency exchange platforms, compare fees, and provide smart tips to get the lowest exchange rates when traveling internationally in 2025.
Why Choosing the Right Exchange Platform Matters?
Getting a low exchange rate platform is crucial because:
- Banks and airport kiosks charge high markup fees.
- Hidden conversion fees can increase total travel costs.
- The right platform can offer real-time exchange rates with low or zero commissions.
- Some services provide multi-currency wallets to help you manage travel expenses easily.
Best Platforms for Low Exchange Rates in International Travel (2025)
Here are some of the best and cheapest exchange platforms to convert your money at the lowest rates:
1. Wise (Formerly TransferWise) – Best for Transparent Fees
Wise is one of the most affordable money transfer platforms, offering real mid-market exchange rates with low transfer fees.
- Best For: International travelers and frequent money transfers.
- Exchange Rate: Uses mid-market rates with no hidden fees.
- Fees: Transparent pricing, usually 0.4% to 1% per transaction.
- Key Features: Multi-currency wallet, borderless debit card, and instant transfers.
2. Revolut – Best for Multi-Currency Exchange
Revolut is a top-rated platform for international travelers as it offers a multi-currency account with competitive exchange rates.
- Best For: Budget travelers and digital nomads.
- Exchange Rate: Real-time rates with zero markup on weekdays.
- Fees: Free up to a certain limit; small fees apply on weekends.
- Key Features: Free currency exchange, ATM withdrawals, and travel perks.
3. Niyo Global Card – Best for Indian Travelers
Niyo Global Card is a great option for Indian travelers looking for low exchange rates and zero forex markup fees.
- Best For: Indian tourists and business travelers.
- Exchange Rate: Near mid-market rates with zero forex markup.
- Fees: No annual fees or foreign transaction charges.
- Key Features: Contactless payments, free ATM withdrawals, and international usage.
4. XE Money Transfer – Best for Real-Time Exchange Rates
XE is one of the most trusted exchange rate platforms, providing live exchange rates and low-cost international transfers.
- Best For: Instant currency conversions.
- Exchange Rate: Real-time market rates.
- Fees: Lower than banks and PayPal, varies by country.
- Key Features: Mobile app, instant transfers, and multi-currency support.
5. PayPal – Best for Secure International Payments
PayPal is a widely accepted platform for making international payments, though its exchange rates include a small markup.
- Best For: Secure transactions and online purchases.
- Exchange Rate: Higher than mid-market due to PayPal’s fees.
- Fees: 2.5% – 4% currency conversion fee.
- Key Features: Fast payments, buyer protection, and easy refunds.
6. OFX – Best for Large Transfers with No Transfer Fees
OFX is a great option for large currency transfers, as it provides low exchange rate margins and no transfer fees.
- Best For: Travelers making large currency exchanges.
- Exchange Rate: Low markup rates, better than banks.
- Fees: No transfer fees for most transactions.
- Key Features: 24/7 customer support, no hidden charges, and online tracking.
How to Get the Best Exchange Rate When Traveling?
Here are some expert tips to maximize your savings while exchanging currency:
1. Avoid Airport & Hotel Currency Exchange Counters
Currency exchange kiosks at airports, hotels, and tourist areas often charge high conversion fees and offer poor exchange rates.
2. Use Multi-Currency Cards
Platforms like Revolut, Niyo Global, and Wise offer multi-currency debit cards that allow you to spend in foreign currencies without extra fees.
3. Withdraw Cash in Local Currency
Use ATMs from reputed banks that charge lower international withdrawal fees instead of exchanging large amounts at once.
4. Compare Exchange Rates Before Converting Money
Use apps like XE Currency Converter or Google Exchange Rates to compare rates before making a transaction.
5. Avoid Dynamic Currency Conversion (DCC)
When paying abroad, always choose local currency instead of INR/USD conversion to avoid hidden charges.
Conclusion
Using the best platform for low exchange rates in international travel can save you significant money on currency exchange fees. Platforms like Wise, Revolut, and Niyo Global offer low-cost exchange rates, multi-currency wallets, and real-time currency conversion to help travelers spend smartly.
By following the right exchange strategies and choosing a reliable online platform, you can reduce currency conversion costs and enjoy a budget-friendly international trip.