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Conversion Rate

This is a multi-currency field containing a calculated value that represents a factor that may be applied to the transaction amount to obtain the cardholder billing amount. The transaction amount is converted using daily conversion rates for the applicable currencies. Amounts are converted through U.S. dollars, or the Euro for currencies that are to be replaced by the Euro.

Currency conversion fees and Issuer-optional fees are then applied to the converted transaction amount to yield the cardholder billing amount. The conversion rate is then calculated from the cardholder billing amount and the original transaction amount.

Note: The resulting conversion rate may differ from published conversion rates because it reflects conversion fees and differences resulting from rounding.