FX timelines

Our foreign exchange (FX) schedules tell you everything you need to know to make your conversion on time. Please be aware that when you are making FX settlements, the longest duration will be used for the pairing. For more details, read our explanation of FX timelines.

Currency (ISO) Duration (Conversion Length) Trading cut off times (GMT+1) Guides
Australian Dollar (AUD) 1 day 1:00 pm
Bahrain Dinar (BHD) 1 day 1:00 pm
Bulgarian Lev (BGN) 1 day 1:00 pm
Canadian Dollar (CAD) 0 days 1:00 pm
Chinese Yuan (CNY) 2 days 3:30 pm
Croatian Kuna (HRK) 1 day 1:00 pm
Czech Koruna (CZK) 1 days 3:30 pm
Danish Krone (DKK) 1 day 3:30 pm
Euro (EUR) 0 days 1:20 pm
HongKong Dollar (HKD) 1 day 1:00 pm
Hungarian Forint (HUF) 1 day 3:30 pm
Japanese Yen (JPY) 1 day 1:00 pm
Kenyan Shilling (KES) 1 day 1:00 pm
Kuwait Dinar (KWD) 1 day 1:00 pm
Mexican Peso (MXN) 1 day 3:30 pm
Israeli Shekel (ILS) 1 day 1:00 pm
New Zealand Dollar (NZD) 1 day 1:00 pm
Norwegian Krone (NOK) 1 day 3:30 pm
Omani Rial (OMR) 1 day 1:00 pm
Polish Zloty (PLN) 1 day 3:30 pm
Qatar Rial (QAR) 1 day 1:00 pm
Romanian Leu (RON) 1 day 3:30 pm
Saudi Riyal (SAR) 1 day 1:00 pm
Singapore Dollar (SGD) 1 day 1:00 pm
South African Rand (ZAR) 0 days 8:45 am
Swedish Krona (SEK) 0 days 8:45 am
Swiss franc (CHF) 0 days 8:45 am
Thai Baht (THB) 2 days 3:30 pm
Turkish Lira (TRY) 1 day 3:30 pm
Ugandan Shilling (UGX) 2 days 3:30 pm
UK Sterling (GBP) 0 days 1:20 pm
United Arab Emirates Dirham  (AED) 1 day 1:00 pm
US Dollar (USD) 0 days 3:50 pm
Currency (ISO) Duration (Conversion Length) Cut off times (EST) Guides
Australian Dollar (AUD) 1 day 08:00 am
Bahrain Dinar (BHD) 1 day 08:00 am
Bulgarian Lev (BGN) 1 day 08:00 am
Canadian Dollar (CAD) 0 days 08:00 am
Chinese Yuan (CNY) 2 days 10:30 am
Croatian Kuna (HRK) 1 day 08:00 am
Czech Koruna (CZK) 1 day 10:30 am
Danish Krone (DKK) 1 day 10:30 am
Euro (EUR) 0 days 08:20 am
HongKong Dollar (HKD) 1 day 08:00 am
Hungarian Forint (HUF) 1 day 10:30 am
Japanese Yen (JPY) 1 day 08:00 am
Kenyan Shilling (KES) 1 day 08:00 am
Kuwait Dinar (KWD) 1 day 08:00 am
Mexican Peso (MXN) 1 day 10:30 am
Israeli Shekel (ILS) 1 day 08:00 am
New Zealand Dollar (NZD) 1 day 08:00 am
Norwegian Krone (NOK) 1 day 10:30 am
Omani Rial (OMR) 1 day 08:00 am
Polish Zloty (PLN) 1 day 10:30 am
Qatar Rial (QAR) 1 day 08:00 am
Romanian Leu (RON) 1 day 10:30 am
Saudi Riyal (SAR) 1 day 08:00 am
Singapore Dollar (SGD) 1 day 08:00 am
South African Rand (ZAR) 0 days 03:45 am
Swedish Krona (SEK) 0 days 03:45 am
Swiss franc (CHF) 0 days 03:45 am
Thai Baht (THB) 2 days 10:30 am
Turkish Lira (TRY) 1 day 10:30 am
Ugandan Shilling (UGX) 2 days 10:30 am
UK Sterling (GBP)  0 days 08:20 am
United Arab Emirates Dirham  (AED) 1 day 08:00 am
US Dollar (USD) 0 days 10:50 am

Financial Terminology

0 days = T+0 (TOD, or same day)

1 day = T+1 (TOM, or next day)

2 days = T+2 (Spot)

3 days = T+3 (Spot + 1)

Cut off times = These are the times conversions must be completed by in order for Currencycloud to honor your instruction.

Guides = These are associated resources available on Currencycloud:

FX settlement timeline explanation

Let’s say you want to buy Australian Dollars (AUD) with UK Sterling (GBP). Australian Dollars (AUD) has a settlement time of 1 day, while UK Sterling (GBP) has a settlement time of 0 days.

Your AUD will only be available after the 1 day settlement time frame. Funding must therefore be received before the cut off time, one day prior to the desired delivery date.