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Average Foreign Exchange Manager Salary in United States for 2026

A foreign exchange manager in United States earns about 148,300 USD a year. That's 57% above the national average of 94,500 USD.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in United States sit around 79,600 USD a year, while the very top stretches to 222,300 USD. Everything on this page is in United States dollar (USD, symbol $), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in United States, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

To turn a gross salary in United States into a take-home figure, use our United States salary after tax calculator, which works the latest tax brackets and contributions through the math for you.


How much does a foreign exchange manager make in United States?

Average salary
148,300 USD
12,358 USD per month
Lowest reported
79,600 USD
6,633 USD per month
Highest reported
222,300 USD
18,525 USD per month

A typical foreign exchange manager working in United States brings home around 12,358 USD a month before tax. Entry-level pay starts near 79,600 USD, and the top of the ladder reaches roughly 222,300 USD for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior foreign exchange manager working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around. For a cross-country comparison, see the foreign exchange manager salary in Palau or British Indian Ocean Territory, both of which pay in the same currency.


How foreign exchange manager pay ranges in United States

A good way to think about salary in United States is to look at the distribution rather than the headline average. Half of all foreign exchange managers in United States earn less than 137,100 USD a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 97,400 USD (the 25th percentile), and a quarter clear 163,800 USD (the 75th percentile). The middle 50% of foreign exchange managers sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 79,600 USD. The highest stretch to 222,300 USD, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

79,600
Low
137,100
Median
222,300
High
97,400
25th
163,800
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in USD

Foreign exchange manager pay by experience in United States

Years of experience is the single biggest lever on pay for a foreign exchange manager in United States, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical foreign exchange manager salary changes as you move through the career ladder.

  • 0-2 Years
    93,100 USD
  • 2-5 Years
    +24% from previous
    115,600 USD
  • 5-10 Years
    +32% from previous
    152,700 USD
  • 10-15 Years
    +19% from previous
    182,400 USD
  • 15-20 Years
    +10% from previous
    200,600 USD
  • 20+ Years
    +5% from previous
    211,200 USD

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 32%. That is the point at which a foreign exchange manager typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Foreign exchange manager pay by education in United States

Education sits alongside experience as one of the biggest factors driving foreign exchange manager pay in United States. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average foreign exchange manager salary in United States broken down by the highest level of education a worker has completed.

  • Bachelor's Degree
    119,700 USD
  • Master's Degree
    +54% from previous
    183,900 USD

Foreign exchange manager gender pay gap in United States

The gender pay gap is a stubborn feature of almost every labour market, and United States is no exception. Male foreign exchange managers in United States earn an average of 151,800 USD a year, while female foreign exchange managers earn around 142,300 USD. That works out to a 7% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Foreign Exchange Manager gender pay gap

6%

Men earn this much more than women on average in United States.

Men 151,800 USD
Women 142,300 USD

Pay raises for a foreign exchange manager in United States

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in United States sees a raise of about 12% every 16 months, which works out to roughly 9% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in United States, the national average raise is around 8% every 16 months.

By industry

Industries with the highest pay raises in United States:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
    2%
  • Construction
  • Education
    1%

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Foreign exchange manager bonus rates in United States

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

78%

78% of foreign exchange managers in United States reported a bonus of some kind in the past twelve months. That makes a foreign exchange manager a high-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 6% to 7% of base salary. The remaining 22% of foreign exchange managers reported no bonus at all over the same period.

Which careers pay bonuses in United States

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Foreign exchange manager: public vs private sector pay

Public-sector pay in United States is about 6% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

6%

Public-sector workers earn this much more than private-sector workers in United States on average.

Public sector 98,800 USD
Private sector 93,100 USD

Foreign exchange manager salary by city and region in United States

Foreign exchange manager pay is not even across United States. The chart below shows the highest-paying cities and regions in the dataset, followed by the full location table.

  • Phoenix
  • Houston
  • California
  • Los Angeles
  • New York (city)
  • Chicago
  • San Antonio
  • New York (region)
  • Dallas
  • San Jose
LocationTypeAverageMedianRange
PhoenixCity187,500 USD176,300 USD97,600-283,500 USD
HoustonCity183,900 USD187,500 USD86,600-286,700 USD
CaliforniaRegion183,900 USD171,300 USD94,800-275,800 USD
Los AngelesCity183,900 USD171,300 USD96,500-276,200 USD
New York (city)City182,400 USD192,600 USD84,800-286,700 USD
ChicagoCity180,500 USD193,400 USD83,400-286,700 USD
San AntonioCity180,500 USD180,500 USD91,700-280,400 USD
New York (region)Region177,200 USD191,100 USD80,500-282,500 USD
DallasCity177,200 USD172,300 USD92,900-272,900 USD
San JoseCity176,300 USD183,900 USD85,500-272,900 USD
FloridaRegion176,300 USD160,600 USD95,100-263,900 USD
San DiegoCity175,200 USD191,500 USD81,000-280,400 USD
VirginiaRegion172,300 USD183,900 USD81,000-272,800 USD
San FranciscoCity172,300 USD172,300 USD84,300-268,200 USD
TexasRegion172,300 USD172,300 USD84,300-268,200 USD
WashingtonRegion172,300 USD175,200 USD86,100-267,900 USD
GeorgiaRegion172,200 USD184,700 USD83,700-274,700 USD
PennsylvaniaRegion172,200 USD177,100 USD84,600-272,500 USD
PhiladelphiaCity172,100 USD164,100 USD92,900-263,700 USD
DenverCity169,700 USD175,200 USD82,300-265,800 USD
IndianapolisCity169,700 USD175,100 USD79,600-268,200 USD
ArizonaRegion167,100 USD171,300 USD81,400-262,300 USD
New JerseyRegion167,100 USD163,500 USD84,600-257,700 USD
MichiganRegion166,600 USD156,200 USD90,600-252,400 USD
OhioRegion165,900 USD158,700 USD84,300-252,400 USD
MissouriRegion165,900 USD165,900 USD83,300-257,700 USD
SeattleCity165,900 USD172,300 USD79,600-259,700 USD
IllinoisRegion165,900 USD157,600 USD88,400-253,400 USD
JacksonvilleCity164,100 USD165,900 USD79,000-252,400 USD
South CarolinaRegion163,800 USD153,700 USD88,300-250,600 USD
LouisianaRegion161,300 USD150,100 USD86,600-243,000 USD
MinnesotaRegion160,700 USD172,100 USD71,900-254,400 USD
KentuckyRegion160,700 USD152,900 USD81,300-243,000 USD
North CarolinaRegion160,700 USD165,900 USD75,900-250,600 USD
IndianaRegion160,600 USD172,200 USD73,500-255,000 USD
AustinCity160,600 USD146,900 USD86,100-243,000 USD
DetroitCity158,900 USD161,300 USD78,500-245,400 USD
MassachusettsRegion158,700 USD157,600 USD79,500-245,600 USD
TennesseeRegion158,700 USD165,900 USD76,000-250,600 USD
WisconsinRegion157,600 USD148,300 USD84,600-235,300 USD
ArkansasRegion156,200 USD152,700 USD78,700-241,000 USD
AlabamaRegion156,200 USD142,300 USD83,000-235,300 USD
MarylandRegion156,200 USD160,700 USD75,900-243,000 USD
OregonRegion153,700 USD163,500 USD72,000-245,600 USD
MemphisCity152,900 USD158,700 USD73,300-239,000 USD
Washington D.C.City152,900 USD161,300 USD70,600-241,000 USD
OklahomaRegion152,900 USD142,100 USD83,800-229,600 USD
KansasRegion152,900 USD152,900 USD76,800-235,300 USD
MississippiRegion152,900 USD158,700 USD73,300-239,000 USD
BostonCity152,700 USD164,100 USD71,400-241,800 USD
Oklahoma CityCity152,700 USD156,200 USD77,000-239,000 USD
ColoradoRegion151,800 USD164,100 USD69,200-238,200 USD
IowaRegion151,800 USD156,200 USD70,500-235,300 USD
New MexicoRegion151,800 USD140,200 USD78,700-229,000 USD
HawaiiRegion151,800 USD152,700 USD73,500-233,800 USD
BaltimoreCity150,100 USD153,700 USD72,800-233,600 USD
UtahRegion150,100 USD142,300 USD76,900-226,100 USD
Las VegasCity148,300 USD134,700 USD78,400-222,300 USD
MinneapolisCity148,300 USD142,300 USD76,000-225,500 USD
NevadaRegion147,900 USD153,700 USD69,400-229,600 USD
ConnecticutRegion146,900 USD152,700 USD71,800-232,500 USD
AtlantaCity146,900 USD146,700 USD77,000-227,600 USD
Rhode IslandRegion146,700 USD140,200 USD73,500-222,700 USD
Kansas CityCity142,300 USD141,000 USD72,000-218,100 USD
SacramentoCity142,300 USD132,000 USD76,800-216,600 USD
MiamiCity142,100 USD139,100 USD73,100-218,500 USD
NebraskaRegion142,100 USD128,400 USD76,800-213,800 USD
West VirginiaRegion142,100 USD139,100 USD73,100-215,100 USD
OaklandCity142,100 USD142,300 USD69,800-218,700 USD
New OrleansCity142,100 USD139,100 USD70,600-218,500 USD
VermontRegion141,000 USD127,600 USD77,000-210,400 USD
DelawareRegion141,000 USD141,000 USD70,900-218,500 USD
District of ColumbiaRegion140,700 USD132,000 USD73,200-212,500 USD
AlaskaRegion140,700 USD148,300 USD64,800-218,100 USD
Long BeachCity140,200 USD151,800 USD66,100-223,700 USD
New HampshireRegion140,200 USD146,700 USD68,200-222,300 USD
IdahoRegion139,100 USD137,100 USD69,700-211,200 USD
MaineRegion138,700 USD146,700 USD64,800-215,100 USD
TampaCity134,700 USD128,200 USD73,100-206,100 USD
MontanaRegion134,700 USD128,400 USD71,700-206,100 USD
South DakotaRegion134,700 USD147,900 USD63,100-213,800 USD
WyomingRegion134,100 USD146,700 USD63,200-211,200 USD
OrlandoCity134,100 USD141,000 USD64,600-210,400 USD
KentCity132,000 USD139,100 USD64,500-210,600 USD
ClevelandCity132,000 USD137,100 USD64,800-206,300 USD
CincinnatiCity130,500 USD127,600 USD66,100-199,700 USD
North DakotaRegion130,400 USD130,400 USD66,700-205,400 USD
HonoluluCity128,200 USD119,700 USD65,700-193,400 USD
VancouverCity125,400 USD114,900 USD66,400-185,900 USD
BristolCity124,500 USD132,000 USD57,200-195,200 USD
Iowa CityCity121,800 USD114,600 USD65,500-184,700 USD


Foreign Exchange Manager in United States: FAQs

  • How much does a foreign exchange manager make per month in United States?

    A foreign exchange manager in United States earns about 12,358 USD a month before tax, based on an annual average of 148,300 USD.

  • What's the salary range for a foreign exchange manager in United States?

    Entry-level foreign exchange managers in United States start near 79,600 USD. Top-end pay reaches around 222,300 USD. The middle 50% of earners sit between 97,400 and 163,800 USD.

  • Is the median foreign exchange manager salary in United States higher or lower than the average?

    The median is 137,100 USD, lower than the average of 148,300 USD. Half of foreign exchange managers in United States earn below the median, half earn above it.

  • What's the gender pay gap for foreign exchange managers in United States?

    Men working as a foreign exchange manager in United States earn around 7% more than women on average (151,800 vs 142,300 USD a year).

  • Do foreign exchange managers in United States get bonuses?

    About 78% of foreign exchange managers in United States reported a bonus in the past 12 months. Reported bonuses ranged from 6% to 7% of base salary.

  • Do foreign exchange managers earn more in the public or private sector in United States?

    In United States, the public sector pays a foreign exchange manager about 6% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do foreign exchange managers in United States get a pay raise?

    A foreign exchange manager in United States sees a raise of around 12% every 16 months, equivalent to roughly 9% a year.