Visa (V) Exchange Rate Effect (2009 - 2026)
Visa's Exchange Rate Effect came in at -$96 million for fiscal Q4 2026 (quarter ended Sep 30, 2026), compared with $4 million a year earlier.
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Analysis
Visa (V) Exchange Rate Effect (2009 - 2026) Analysis & Trends
For FY2026 (ended Sep 30, 2026), Visa's Exchange Rate Effect was -$362 million.
- Going back by fiscal year, Exchange Rate Effect was $420 million in FY2025 (+9.9%), $382 million in FY2024 (-39.9%), $636 million in FY2023 and -$1.29 billion in FY2022.
- The five-year range for quarterly Exchange Rate Effect is -$562 million (fiscal Q4 2022) to $692 million (fiscal Q1 2023).
- Business Quant data shows V's Exchange Rate Effect at -$110 million (Q3 2026), -$190 million (Q2 2026) and $34 million (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 691.47 Bn | 691.47 Bn | - | -96.00 Mn |
| 2 | Mastercard | 563.07 Bn | 563.07 Bn | - | -11.00 Mn |
| 3 | Wise | 10.86 Bn | 10.86 Bn | - | 718.40 Mn |
| 4 | Remitly Global | 5.06 Bn | 2.72 Bn | 307.34 Mn | -914,000.00 |
| 5 | Western Union | 1.91 Bn | -2.10 Bn | 336.50 Mn | - |
| 6 | International Money Express | 273.40 Mn | -346.75 Mn | - | 113,000.00 |
| 7 | Currenc | 131.25 Mn | -120.04 Mn | 3.70 Mn | - |
| 8 | Sentage Holdings | 4.77 Mn | 689,111.05 | - | - |
| 9 | American Express | 214.16 Bn | 13.64 Bn | - | 30.00 Mn |
| 10 | Capital One Financial | 126.74 Bn | 126.74 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -96.00 Mn |
| Jun 30, 2026 | -110.00 Mn |
| Mar 31, 2026 | -190.00 Mn |
| Dec 31, 2025 | 34.00 Mn |
| Sep 30, 2025 | 4.00 Mn |
| Jun 30, 2025 | 659.00 Mn |
| Mar 31, 2025 | 265.00 Mn |
| Dec 31, 2024 | -508.00 Mn |
| Sep 30, 2024 | 308.00 Mn |
| Jun 30, 2024 | -50.00 Mn |
| Mar 31, 2024 | -176.00 Mn |
| Dec 31, 2023 | 300.00 Mn |
| Sep 30, 2023 | -208.00 Mn |
| Jun 30, 2023 | 16.00 Mn |
| Mar 31, 2023 | 136.00 Mn |
| Dec 31, 2022 | 692.00 Mn |
| Sep 30, 2022 | -562.00 Mn |
| Jun 30, 2022 | -420.00 Mn |
| Mar 31, 2022 | -111.00 Mn |
| Dec 31, 2021 | -194.00 Mn |
API Access
Visa 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=V&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "ticker": "V", "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=V&period=max&api_key=YOUR_API_KEY");
const data = await res.json();