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Banking Foreign-Exchange Dealer Salary in Newport, United Kingdom
How much does a Banking Foreign-Exchange Dealer make in Newport, United Kingdom?
£68,587 (GBP)/year
Average Bonus
£15,624 (GBP)
per Year
Total Compensation
£83,291.12
Entry Level
£47,796
Median
£67,667
Senior Level
£77,435
As of July, 23, 2026, the average banking foreign-exchange dealer gross salary in Newport, United Kingdom is £68,587 or an equivalent hourly rate of £33. In addition, banking foreign-exchange dealers earn an average bonus of £15,624. An entry level banking foreign-exchange dealer with 1-3 years of experience earns an average salary of £47,796. At the higher end of the pay range, a senior level banking foreign-exchange dealer with 8+ years of experience earns an average salary of £77,435. Salary estimates are based on salary survey data collected directly from employers in Newport, United Kingdom.
Data powered by ERI
Salary Potential for a Banking Foreign-Exchange Dealer
Explore the estimated salary growth for a Banking Foreign-Exchange Dealer in Newport, United Kingdom for up to 5 years. The estimated salary of a Banking Foreign-Exchange Dealer will be £70,759 in 1 year and £80,159 in 5 years.
View Salary by Year
Estimated Salary
£73,001
Average Growth
6.4%
The estimated salary for a Banking Foreign-Exchange Dealer in 2 years is £73,001, which is 6.4% average growth. This information is based on ERI's compensation database.
Typical Banking Foreign-Exchange Dealer Education
This chart displays the highest level of education for Banking Foreign-Exchange Dealers.
- 0% of Banking Foreign-Exchange Dealers have less than a High School Diploma
- 48% of Banking Foreign-Exchange Dealers have a High School Diploma
- 19% of Banking Foreign-Exchange Dealers have an Associate's Degree
- 33% of Banking Foreign-Exchange Dealers have a Bachelor's Degree
- 0% of Banking Foreign-Exchange Dealers have a Master's Degree
- 0% of Banking Foreign-Exchange Dealers have a Doctorate Degree
The typical field of study for a Banking Foreign-Exchange Dealer is Finance.
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Banking Foreign-Exchange Dealer Salaries in Other Locations
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View moreCost of Living in Newport, United Kingdom
The cost of living in Newport, United Kingdom is 7% lower than the national average.
7% lower
than the national average
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Frequently Asked Questions
What does a Banking Foreign-Exchange Dealer do?
Negotiates purchase and sale of foreign exchange drafts on foreign exchange market and calculates US dollar equivalents. Maintains bank's balances on deposit in foreign banks to ensure foreign exchange position, and negotiates prices at which such exchanges shall be purchased and sold, based on demand, supply, and stability of currency. Determines foreign exchange rates, referring to international bank market rate.
How much does a Banking Foreign-Exchange Dealer make in Newport, United Kingdom?
The average salary for a Banking Foreign-Exchange Dealer is £68,587 per year or £32.97 per hour in Newport, United Kingdom. Top earners have reported making up to £77,435. However, the typical pay range in Newport, United Kingdom is between £47,796 and £77,435 annually.
What is the salary trajectory for a Banking Foreign-Exchange Dealer?
Banking Foreign-Exchange Dealer is projected to see a 16.9 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Banking Foreign-Exchange Dealer salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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