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Currencies

How to read a bank's buy and sell rate

1 min read. Updated 9 Nov 2026.

Every bank shows two prices for each currency. The buy rate is what the bank pays you when you sell it the currency, and the sell rate is what you pay when you buy it from the bank.

If you are buying dollars

Look at the sell rate and find the lowest number. That is why Geneh shows the cheapest bank to buy from at the top of every currency page.

If you are selling dollars

Look at the buy rate and find the highest number. That bank pays you the most for each dollar.

The gap between the two

The gap between the sell and buy rates is the bank's margin. The smaller it is, the cheaper that bank is for you.

The Central Bank rate

The Central Bank rate is a reference, and you cannot buy or sell at it directly. That is why Geneh shows it apart from the bank list and never ranks it.

This guide explains how things work and is not financial advice. Check the current numbers in Geneh before you decide.

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Rates shown are for information only, and the rate you get at the branch or at checkout may differ. Confirm it with the bank or provider before you buy, sell or send. Geneh does not sell currency or gold and does not give investment advice.

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