Mastercard (MA) Exchange Rate Effect (2009 - 2026)
Mastercard's Exchange Rate Effect came in at -$10 million for Q2 2026, compared with $220 million a year earlier.
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Analysis
Mastercard (MA) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mastercard reported Exchange Rate Effect of -$134 million; for FY2025, it came in at $333 million.
- Exchange Rate Effect carries a five-year compound annual growth rate of 5.3% (FY2020 to FY2025).
- Going back by year, Exchange Rate Effect was -$199 million in FY2024, $128 million in FY2023, -$103 million in FY2022 and -$153 million in FY2021.
- The five-year range for quarterly Exchange Rate Effect is -$274 million (Q4 2024) to $284 million (Q4 2022).
- Business Quant data shows MA's Exchange Rate Effect at -$116 million (Q1 2026), $8 million (Q4 2025) and -$16 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 687.36 Bn | 630.68 Bn | - | -110.00 Mn |
| 2 | Mastercard | 513.04 Bn | 472.96 Bn | - | -10.00 Mn |
| 3 | Wise | 14.65 Bn | 14.65 Bn | - | 718.40 Mn |
| 4 | Remitly Global | 5.11 Bn | 2.76 Bn | 307.34 Mn | -914,000.00 |
| 5 | Western Union | 1.91 Bn | -2.11 Bn | 336.50 Mn | - |
| 6 | International Money Express | 382.67 Mn | -237.48 Mn | - | 113,000.00 |
| 7 | Currenc | 167.21 Mn | -59.72 Mn | 3.70 Mn | - |
| 8 | Sentage Holdings | 4.88 Mn | 4.88 Mn | - | - |
| 9 | American Express | 208.01 Bn | -160.24 Mn | - | -6.00 Mn |
| 10 | Capital One Financial | 122.27 Bn | 122.27 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.00 Mn |
| Mar 31, 2026 | -116.00 Mn |
| Dec 31, 2025 | 8.00 Mn |
| Sep 30, 2025 | -16.00 Mn |
| Jun 30, 2025 | 220.00 Mn |
| Mar 31, 2025 | 121.00 Mn |
| Dec 31, 2024 | -274.00 Mn |
| Sep 30, 2024 | 142.00 Mn |
| Jun 30, 2024 | 28.00 Mn |
| Mar 31, 2024 | -95.00 Mn |
| Dec 31, 2023 | 157.00 Mn |
| Sep 30, 2023 | -86.00 Mn |
| Jun 30, 2023 | 20.00 Mn |
| Mar 31, 2023 | 37.00 Mn |
| Dec 31, 2022 | 284.00 Mn |
| Sep 30, 2022 | -185.00 Mn |
| Jun 30, 2022 | -174.00 Mn |
| Mar 31, 2022 | -28.00 Mn |
| Dec 31, 2021 | -73.00 Mn |
| Sep 30, 2021 | -56.00 Mn |
API Access
Mastercard Exchange Rate Effect API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=exchange-rate-effect&ticker=MA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "ticker": "MA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=exchange-rate-effect&ticker=MA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();