currency conversion

The "currency conversion" tag covers the exchange of one currency for another, in particular operations involving the hryvnia and foreign currencies carried out by banks, exchange offices, and payment services. It addresses exchange rate differences, fees, and the rules that determine the rate at which a transfer or exchange takes place. Publications under this tag examine how to avoid unnecessary costs when using currency cards, including double conversion situations, where a charge is debited from several currencies at once. The topic is of practical importance for the public, businesses, and financial regulation in Ukraine.