Home > Salary > Monaco > 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: 161,146 EUR
Estimated Monthly Salary: 13,429 EUR
Estimated Weekly Salary: 3,099 EUR per week
Estimated Hourly Salary: 77 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,015 EUR
Estimated Weekly Salary: 3,003 EUR per week
Estimated Hourly Salary: 75 EUR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 161,279 USD
Estimated Monthly Salary: 13,440 USD
Estimated Weekly Salary: 3,102 USD per week
Estimated Hourly Salary: 78 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 161,146 EUR
Estimated Monthly Salary: 13,429 EUR
Estimated Weekly Salary: 3,099 EUR per week
Estimated Hourly Salary: 77 EUR per hour
By working as Banking Foreign Exchange Clerk a person can save up to 5,997 USD per month or 71,961 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 Monaco, see costs of living in Monaco.
Estimated Yearly Salary for Banking Foreign Exchange Clerk
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Banker 1 (107,221 EUR per year, pre-tax.)
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Banking Foreign Exchange Clerk salary in Monaco
Average Yearly Salary of Banking Foreign Exchange Clerk in Monaco is approximately 161,146 EUR (161,279 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: 161,146 EUR
Estimated Monthly Salary: 13,429 EUR
Estimated Weekly Salary: 3,099 EUR per week
Estimated Hourly Salary: 77 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 156,177 EUREstimated Monthly Salary: 13,015 EUR
Estimated Weekly Salary: 3,003 EUR per week
Estimated Hourly Salary: 75 EUR per hour
Last revision of data: 2024-01-06Banking Foreign Exchange Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 161,279 USD
Estimated Monthly Salary: 13,440 USD
Estimated Weekly Salary: 3,102 USD per week
Estimated Hourly Salary: 78 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Compare salary to other countries
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Country:
Salary comparison to National average
Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Banking Foreign Exchange Clerk job salary compared to average salary in Monaco.
Comparison shows that a person working as Banking Foreign Exchange Clerk in Monaco earns on average:
0.95 times the average salary (or 95% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Banking Foreign Exchange Clerk job salary compared to average salary in Monaco.
Comparison shows that a person working as Banking Foreign Exchange Clerk in Monaco 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 177,261 EUR and 233,662 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Banking Foreign Exchange Clerk in Monaco?
Living in Monaco the approximate monthly expenses are: 7,443 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: 161,146 EUR
Estimated Monthly Salary: 13,429 EUR
Estimated Weekly Salary: 3,099 EUR per week
Estimated Hourly Salary: 77 EUR per hour
By working as Banking Foreign Exchange Clerk a person can save up to 5,997 USD per month or 71,961 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 Monaco, see costs of living in Monaco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: France, Italy. 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
France is 39,988 USD
Italy is 32,731 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 Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Banker 1 (107,221 EUR per year, pre-tax.)
Infrastructure analyst (260,819 EUR per year, pre-tax.)
Tractor operator (76,752 EUR per year, pre-tax.)
Senior business intelligence (bi), analyst (243,800 EUR per year, pre-tax.)
Camp counselor (54,178 EUR per year, pre-tax.)
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