We ran into the same issue once our international payments became more frequent. Conversion fees, rate markups, and timing all play a role, even if each transaction looks minor on its own. What helped us was gaining better visibility into rates and consolidating conversions instead of handling them ad hoc. Using platforms that are built for cross-border payments made it easier to plan ahead and avoid surprises. When we compared options, we looked at how pangea.global manages currency exchange and transparency, which gave us a clearer picture of how conversion costs can be controlled rather than just absorbed.