As of May 18, 2021, the average salary for a Foreign Exchange Manager in the United States is $151,773 per year, which breaks down to an hourly rate of $73.
However, a Foreign Exchange Manager's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2025 Compensation Trend
AI-Powered HR
Smart Recruiting
A Foreign Exchange Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Foreign Exchange Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Foreign Exchange Manager | $146,828 |
| Intermediate Level Foreign Exchange Manager | $147,407 |
| Senior Level Foreign Exchange Manager | $149,339 |
| Specialist Level Foreign Exchange Manager | $151,658 |
| Expert Level Foreign Exchange Manager | $157,084 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Foreign Exchange Managers. For example, consider the average annual salaries in these key locations:
Your level of education can impact your salary potential. While many Foreign Exchange Managers enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Foreign Exchange Manager with a Associate's Degree is between $123,015 and $135,370).
Foreign Exchange Manager Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 48.0% |
| High School | 48.0% |
| Associates | 4.0% |
| Bachelors | 48.0% |
| Masters | 48.0% |
| Doctorate | 4.0% |
Understanding how a Foreign Exchange Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 18, 2021Promotions are the fastest way to increase your earnings. As a Foreign Exchange Manager, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Stock Loan Manager III | $107,103 | -29% |
| VP of Foreign Exchange Administration | $229,962 | 52% |
| Bond Trading Manager | $124,256 | -18% |
| Discount Brokerage Operations Manager | $106,628 | -30% |
Salaries for a Foreign Exchange Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $101,490 in 2023 to around $101,763 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Foreign Exchange Manager salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $101,490 |
| 2024 | $102,499 |
| 2025 | $101,763 |
| 2026 |
View More
|
| 2027 |
View More
|
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation PlanningHere are companies hiring for Foreign Exchange Manager and their salaries, click below for more details.
Ready to take the next step in your career? Browse thousands of current Foreign Exchange Manager job openings on our job board. Use the search bar below to find your perfect match.
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
A Foreign Exchange Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Foreign Exchange Manager earns the most in San Jose, CA, where the annual salary of a Foreign Exchange Manager is $191,431.
The highest pay for Foreign Exchange Manager is $190,628.
The lowest pay for Foreign Exchange Manager is $126,553.
Manages trading functions to meet corporate financial goals. Services clients on international business issues by developing forecasts of hedging exposures. Must stay current with financial developments in foreign economies that affect clients and the organization. May require a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
Salary.com's CompAnalyst platform offers:
