Home > Salary > India > Banking Foreign Exchange Clerk
A banking foreign exchange clerk is responsible for executing foreign currency transactions on behalf of clients. They work within the foreign exchange department of a bank or financial institution, facilitating the buying and selling of currencies to meet customer needs. Their main duties include processing transactions, ensuring accuracy of exchange rates, providing information and advice to clients, and maintaining records of all transactions. They may also be involved in monitoring market trends and analyzing currency movements to assist clients in making informed decisions.
Estimated Yearly Salary: 1,752,452 INR
Estimated Monthly Salary: 146,038 INR
Estimated Weekly Salary: 33,701 INR per week
Estimated Hourly Salary: 843 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 140,880 INR
Estimated Weekly Salary: 32,511 INR per week
Estimated Hourly Salary: 813 INR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 19,516 USD
Estimated Monthly Salary: 1,626 USD
Estimated Weekly Salary: 375 USD per week
Estimated Hourly Salary: 9 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 1,752,452 INR
Estimated Monthly Salary: 146,038 INR
Estimated Weekly Salary: 33,701 INR per week
Estimated Hourly Salary: 843 INR per hour
By working as Banking Foreign Exchange Clerk a person can save up to 731 USD per month or 8,774 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for Banking Foreign Exchange Clerk
Last revision of data: 2025-01-04
Data as of 2025
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Banking Foreign Exchange Clerk salary in India
Average Yearly Salary of Banking Foreign Exchange Clerk in India is approximately 1,752,452 INR (19,516 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Banking Foreign Exchange Clerk do?
A banking foreign exchange clerk is responsible for executing foreign currency transactions on behalf of clients. They work within the foreign exchange department of a bank or financial institution, facilitating the buying and selling of currencies to meet customer needs. Their main duties include processing transactions, ensuring accuracy of exchange rates, providing information and advice to clients, and maintaining records of all transactions. They may also be involved in monitoring market trends and analyzing currency movements to assist clients in making informed decisions.
Skills: Banking, Foreign Exchange, Currency Transactions, Client Services, Financial Institutions, Market Analysis
Job industry: Banking
Job industry: Banking
How much does Banking Foreign Exchange Clerk make?
Salary details
How much does Banking Foreign Exchange Clerk make?Estimated Yearly Salary: 1,752,452 INR
Estimated Monthly Salary: 146,038 INR
Estimated Weekly Salary: 33,701 INR per week
Estimated Hourly Salary: 843 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,690,560 INREstimated Monthly Salary: 140,880 INR
Estimated Weekly Salary: 32,511 INR per week
Estimated Hourly Salary: 813 INR per hour
Last revision of data: 2024-01-09Banking Foreign Exchange Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 19,516 USD
Estimated Monthly Salary: 1,626 USD
Estimated Weekly Salary: 375 USD per week
Estimated Hourly Salary: 9 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Banking Foreign Exchange Clerk job salary compared to average salary in India.
Comparison shows that a person working as Banking Foreign Exchange Clerk in India earns on average:
0.95 times the average salary (or 95% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Banking Foreign Exchange Clerk job salary compared to average salary in India.
Comparison shows that a person working as Banking Foreign Exchange Clerk in India earns on average:
0.95 times the average salary (or 95% of average salary).
Is Banking Foreign Exchange Clerk a well paid job?
Yes, our data show that Banking Foreign Exchange Clerk is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Banking Foreign Exchange Clerk?
High salary for Banking Foreign Exchange Clerk would be somewhere between 1,927,697 INR and 2,541,055 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Banking Foreign Exchange Clerk in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 1,752,452 INR
Estimated Monthly Salary: 146,038 INR
Estimated Weekly Salary: 33,701 INR per week
Estimated Hourly Salary: 843 INR per hour
By working as Banking Foreign Exchange Clerk a person can save up to 731 USD per month or 8,774 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Banking Foreign Exchange Clerk
Pakistan is 1,374 USD
China is 11,196 USD
Nepal is 6,398 USD
Bangladesh is 2,455 USD
Afghanistan is 5,220 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in India
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7. Urologist
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Data as of 2025Random salary:
Talent partner (2,404,052 INR per year, pre-tax.)
Funding analyst (1,013,971 INR per year, pre-tax.)
Assistant health information management (him), director (1,910,070 INR per year, pre-tax.)
Pump installer (1,013,971 INR per year, pre-tax.)
Nurse manager operating room (3,816,008 INR per year, pre-tax.)
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