Salary Data

Banking Foreign-Exchange Dealer Salary

How much does a Banking Foreign-Exchange Dealer make in the United States?
Get the insights on the salary, benefits, education, and job description.
Salary Data for Banking Foreign-Exchange Dealer

$117,440 (USD)/yr

$56 (USD)/hr

$26,753 (USD)/yr

$115,865 (USD)/yr

$56 (USD)/hr

$26,753 (USD)/yr

Job Description
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.
The average banking foreign-exchange dealer salary in United States is $117,440 or an equivalent hourly rate of $56. In addition, they earn an average bonus of $26,753. Salary estimates based on salary survey data collected directly from employers and anonymous employees in United States.
Compensation Data Based on Experience

$81,840 (USD)

$145,998 (USD)

Education

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Salary Potential

$136,145 (USD)

16 %

Based on our compensation data, the estimated salary potential for Banking Foreign-Exchange Dealer will increase 16 % over 5 years.

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About The Data
The above data is a sample of data available in ERI's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. If you need to calculate competitive levels of salaries, incentives and total compensation by industry, organization size and salary planning date, please view a demonstration version of ERI's Salary Assessor, which is used by the majority of the Fortune 500 for salary survey data and compensation planning.
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