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.

Our trading time begins on UK Time Sunday 18:00 and closes UK Time Friday 22:00.

Currency (ISO) Duration (Conversion Length) Trading cut off times (GMT+1)
Australian Dollar (AUD) 1 day 1:00 pm
Bahrain Dinar (BHD) 1 day 1:00 pm
Bulgarian Lev (BGN) 1 day 3:30 pm
Canadian Dollar (CAD) 0 days 1:00 pm
Chinese Yuan (CNY) 1 day 8:00 am
Croatian Kuna (HRK) 1 day 3:00 pm
Czech Koruna (CZK) 0 days 8:00 am
Danish Krone (DKK) 0 days 9:30 am
Euro (EUR) 0 days 1:50 pm
HongKong Dollar (HKD) 1 day 1:00 pm
Hungarian Forint (HUF) 0 days 8:00 am
Indian Rupee (INR)* – Beta 1 Day 4:30 pm
Indonesian Rupiah (IDR)* – Beta 1 day 4:30 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
Malaysian Ringgit (MYR)* – Beta 1 day 4:30 pm
Mexican Peso (MXN) 0 days 8:00 am
Israeli Shekel (ILS) 1 day 1:00 pm
New Zealand Dollar (NZD) 1 day 1:00 pm
Norwegian Krone (NOK) 0 days 9:30 am
Omani Rial (OMR) 1 day 1:00 pm
Philippine Peso (PHP)* – Beta 1 day 4:30 pm
Polish Zloty (PLN) 0 days 8:30 am
Qatar Rial (QAR) 1 day 1:00 pm
Romanian Leu (RON)
0 days
8:00 am
Russian Ruble(RUB)** 0 days 8:00 am
Saudi Riyal (SAR) 1 day 1:00 pm
Singapore Dollar (SGD) 1 day 1:00 pm
South African Rand (ZAR) 0 days 9:30 am
Swedish Krona (SEK) 0 days 9:30 am
Swiss franc (CHF) 0 days 9:30 am
Thai Baht (THB) 1 day 8:00 am
Turkish Lira (TRY) 0 days 8:30 am
Ugandan Shilling (UGX) 1 day 8:00 am
UK Sterling (GBP) 0 days 2:20 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)
Australian Dollar (AUD) 1 day 8:00 am
Bahrain Dinar (BHD) 1 day 8:00 am
Bulgarian Lev (BGN) 1 day 10:30 am
Canadian Dollar (CAD) 0 days 8:00 am
Chinese Yuan (CNY) 1 day 3:00 am
Croatian Kuna (HRK) 1 day 10:00 am
Czech Koruna (CZK) 0 days 3:00 am
Danish Krone (DKK) 0 days 4:30 am
Euro (EUR) 0 days 8:50 am
HongKong Dollar (HKD) 1 day 8:00 am
Hungarian Forint (HUF) 0 days 3:00 am
Indian Rupee (INR)* – Beta 1 day 9:00-11:30 am
Indonesian Rupiah (IDR)* – Beta 1 day 11:30 am
Japanese Yen (JPY) 1 day 8:00 am
Kenyan Shilling (KES) 1 day 8:00 am
Kuwait Dinar (KWD) 1 day 8:00 am
Malaysian Ringgit (MYR)* – Beta 1 day 11:30 am
Mexican Peso (MXN) 0 days 3:00 am
Israeli Shekel (ILS) 1 day 8:00 am
New Zealand Dollar (NZD) 1 day 8:00 am
Norwegian Krone (NOK) 0 days 4:30 am
Omani Rial (OMR) 1 day 8:00 am
Philippine Peso (PHP)* – Beta 1 day 11:30 am
Polish Zloty (PLN) 0 days 3:30 am
Qatar Rial (QAR) 1 day 8:00 am
Romanian Leu (RON) 0 days 3:00 am
Russian Ruble (RUB)* 0 days 3:00 am
Saudi Riyal (SAR) 1 day 8:00 am
Singapore Dollar (SGD) 1 day 8:00 am
South African Rand (ZAR) 0 days 4:30 am
Swedish Krona (SEK) 0 days 4:30 am
Swiss franc (CHF) 0 days 4:30 am
Thai Baht (THB) 1 day 3:00 am
Turkish Lira (TRY) 0 days 3:30 am
Ugandan Shilling (UGX) 1 day 3:00 am
UK Sterling (GBP)  0 days 9:20 am
United Arab Emirates Dirham  (AED) 1 day 8:00 am
US Dollar (USD) 0 days 10:50 am
* Indian Rupee (INR), Indonesian Rupiah, Malaysian Ringgit and Philippine Peso are restricted currencies. Currencycloud supports INR, IDR, MYR and PHP as buy currencies only to make payments directly in country. You cannot fund these currencies directly or convert them into any other currency. Cut-off times vary by the Sell currency. Check each Payment Guide for details

**Currencycloud supports RUB as a sell currency only. You can not convert any other currency into RUB for payments.

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.