Currency conversion in a budget is not a payment quote

Keep the local price visible

Start with the amount in the city’s local currency and show any comparison-currency equivalent beside it. Preserve the rate source and date. Lifovra’s display conversion helps compare amounts; it does not move money or guarantee the rate available through a bank or payment service. A missing supported conversion should remain unavailable rather than being filled by an invented rate.

Compare the actual amount received

For a transfer decision, request a quote for the same sending amount, receiving currency and timing from the provider. Check its stated fees and the final amount delivered, including known receiving charges. Illustration: a reference calculation may show 1,000 while a particular service delivers 980; the 20 difference is not automatically a separately itemised fee and should not be added twice.

Separate conversion risk from local inflation

A local rent can remain unchanged while its equivalent in your income currency moves. Test an explicitly assumed exchange-rate change without claiming to forecast rates. Keep that scenario separate from any change in local rent or living quantities. Check service availability and lawful eligibility directly with the provider; a currency being displayed in Lifovra does not mean every transfer route is available.

Sources and further reading

• Lifovra — methodology and limitations