Understanding How Currency Conversion Works in the Duel Dashboard
When orders are received in a different currency than a program’s commission payout currency, Duel performs a currency conversion to ensure accurate financial transactions.
How Currency Conversion is Calculated
- Currency conversion for orders is based on the foreign exchange (FX) rate the hour the order is received.
- The conversion rate reflects the actual market value of the currency at that specific time.
Reliable Exchange Rates with Fixer.io
To determine exchange rates, Duel uses Fixer.io, a reputable API for currency conversions. Fixer.io ensures:
- Aggregated data from multiple financial institutions.
- Access to the most up-to-date and accurate exchange rates available.
Important Notes on Currency Fluctuations
- Exchange rates can fluctuate frequently, meaning the payout amount may slightly differ from the initial order amount.
- This variability is a natural part of currency conversion and is factored into the calculation process.
If you have further questions about how currency conversions are handled, please reach out to our support team.