{"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"current_only","held_since":null,"gaps":[],"covered":[],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","release_published":"2026-11-01T16:41:30Z","checked_at":"2026-10-26","checked_against":"EUR-Lex"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/definitions/psd2/reference-exchange-rate","url":"https://www.headlesslaw.com/definitions/psd2/reference-exchange-rate","title":"reference exchange rate","family":"definition","work_id":null,"status":"in_force","force_status":null,"date_state":"current","requested_date":null,"as_of":"2026-11-01","applies_from":null,"application":null,"version_label":"PSD2 Article 4, point (27) · Consolidated version of 17 January 2025","check":{"against":"EUR-Lex","on":"2026-10-26"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02015L2366-20250117","valid_from":null,"valid_until":null,"revision":null,"content_id":null,"change_date":null,"nearest_versions":[],"first_text_date":null,"correction_applies":false,"versions":[],"version_url":null,"revision_url":null,"versions_url":null,"relations_url":null,"source_line":null,"attribution":null},"provenance":{"official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02015L2366-20250117","check":{"result":"matched","checked_at":"2026-10-26","against":"EUR-Lex"},"repo_path":"spaces/definitions/psd2/reference-exchange-rate.md","body_sha256":"5933687ccd56c5a7fcdd219649a56f4c0a2e7fc68ffc801e97acafd62f5e6eae"},"units":[],"markdown":"---\ntitle: \"reference exchange rate\"\ntype: definition\nstatus: Published\nsource: \"PSD2 Article 4, point (27)\"\ndefined_term: \"reference exchange rate\"\nsource_regulation: \"PSD2\"\nsource_reference: \"Article 4, point (27)\"\nsource_node: \"eu.psd2.article.4.subparagraph.1.point.27\"\ncross_regime_auto_link: false\ninline_links: pending\ntext_version: \"Consolidated version of 17 January 2025\"\nsource_url: \"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02015L2366-20250117\"\ncheck_status: matched\nverified: true\nlast_checked: 2026-10-26\n---\n\n*In force · PSD2 Article 4, point (27) · Consolidated version of 17 January 2025 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02015L2366-20250117)*\n\n## Definition\n\n> **(27)** ‘**reference exchange rate**’ means the exchange rate which is used as the basis to calculate any currency exchange and which is made available by the payment service provider or comes from a publicly available source;\n\n## Source\n\n[PSD2, Article 4, point (27)](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02015L2366-20250117).\n"}