Visa (V) Exchange Rate Effect (2009 - 2026)
Visa's Exchange Rate Effect came in at -$110 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with $659 million a year earlier.
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Analysis
Visa (V) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Visa reported Exchange Rate Effect of -$262 million; for FY2025 (ended Sep 30, 2025), it was $420 million, up 9.9% from FY2024.
- Exchange Rate Effect carries a five-year compound annual growth rate of -0.9% (FY2020 to FY2025).
- Going back by fiscal year, Exchange Rate Effect was $382 million in FY2024 (-39.9%), $636 million in FY2023, -$1.29 billion in FY2022 and -$37 million in FY2021.
- 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 -$190 million (Q2 2026), $34 million (Q1 2026) and $4 million (Q4 2025) in the three fiscal quarters before Q3 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 | -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 |
| Sep 30, 2021 | -129.00 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();