Exchange Rates is the value of one currency versus another currency. In most cases, exchange rates are free-floating and rise or fall based on supply and demand in the market. But others are strictly regulated by a decision of the governments or the central banks.
Spoynt has various connected exchange rate sources that are automatically updated and used in transaction processing if the recipient’s currency and the sender’s currency do not match.
View the current exchange rates for payments and payouts in the relevant tables in the Account Settings section.