Visa (V) Exchange Rate Effect (2009 - 2026)

Visa has reported Exchange Rate Effect for 16 years, with the latest figure at -$190.0 million in Q1 2026.

• For the quarter ending Q1 2026, Exchange Rate Effect fell 171.7% year-over-year to -$190.0 million; the trailing twelve-month figure through Mar 2026 stood at $507.0 million (up 3280.0% YoY), and the FY2025 full-year result was $420.0 million, up 9.95% from the prior year.
• Exchange Rate Effect for Q1 2026 stood at -$190.0 million, down from $34.0 million in the prior quarter.
• The five-year high for Exchange Rate Effect was $692.0 million in Q4 2022, with the low at -$562.0 million in Q3 2022.
• Historically, Exchange Rate Effect has averaged $11.1 million across 5 years, with a median of $4.0 million in 2025.
• Annual changes were most pronounced in 2022 — Exchange Rate Effect plunged 652.63% — and 2025, when it jumped 1418.0%.
• Visa's Exchange Rate Effect stood at $692.0 million in 2022, then sank by 56.65% to $300.0 million in 2023, then slumped by 269.33% to -$508.0 million in 2024, then jumped by 106.69% to $34.0 million in 2025, then slumped by 658.82% to -$190.0 million in 2026.
• The last three Exchange Rate Effect figures came in at -$190.0 million (Q1 2026), $34.0 million (Q4 2025), and $4.0 million (Q3 2025), per Business Quant data.