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Official vs. commercial exchange rates

Why your bank's rate differs from the central bank rate.

By Hamematir editorial teamPublished Oct 09, 2026Reviewed Oct 09, 20261 min read

Official rate

Published by the Central Bank and used for accounting and statistics.

Commercial rates

Banks set their own buy and sell rates, which differ from the official one.

Our site shows official rates together with their source and update time.

Sources

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Official vs. commercial exchange rates | Hamematir