diff --git a/suite-common/trading/src/__tests__/testUtils.tsx b/suite-common/trading/src/__tests__/testUtils.tsx
index 71cb56d045..d23ec2dc90 100644
--- a/suite-common/trading/src/__tests__/testUtils.tsx
+++ b/suite-common/trading/src/__tests__/testUtils.tsx
@@ -1,10 +1,15 @@
-import { ReactNode } from 'react';
-import { Provider } from 'react-redux';
-
 import { combineReducers } from '@reduxjs/toolkit';
-import { RenderHookOptions, renderHook } from '@testing-library/react';
 
-import { configureMockStore } from '@suite-common/test-utils';
+import {
+    RenderHookOptions,
+    configureMockStore,
+    renderHookWithStoreProvider,
+} from '@suite-common/test-utils';
+import {
+    FiatRatesState,
+    WalletSettingsState,
+    initialWalletSettingsState,
+} from '@suite-common/wallet-core';
 
 import { TradingState, initialState, tradingCommonReducer } from '../reducers/tradingCommonReducer';
 import { regional } from '../regional';
@@ -21,8 +26,16 @@ export type TradingTestState = {
     };
 };
 
+export type TradingTestStateWithWalletSettings = {
+    wallet: {
+        trading: TradingState;
+        settings: WalletSettingsState;
+        fiat: FiatRatesState;
+    };
+};
+
 type RenderHookWithTradingStoreOptions<Props> = RenderHookOptions<Props> & {
-    preloadedState?: Partial<TradingTestState>;
+    preloadedState?: Partial<TradingTestStateWithWalletSettings> | Partial<TradingTestState>;
 };
 
 /**
@@ -50,6 +63,21 @@ export const createTradingTestState = (
     },
 });
 
+export const createTestStateWithWalletSettings = (
+    overrides: Partial<TradingTestStateWithWalletSettings['wallet']> = {},
+): TradingTestStateWithWalletSettings => ({
+    wallet: {
+        trading: initialState,
+        settings: initialWalletSettingsState,
+        fiat: {
+            current: {},
+            lastWeek: {},
+            historic: {},
+        },
+        ...overrides,
+    },
+});
+
 /**
  * Creates a partial BuyInfo state for testing.
  *
@@ -156,17 +184,21 @@ export const renderHookWithTradingStore = <Result, Props = unknown>(
         reducer: combineReducers({
             wallet: combineReducers({
                 trading: tradingCommonReducer,
+                settings: (state = { localCurrency: 'usd' }) => state,
+                fiat: (
+                    state = {
+                        current: {},
+                        lastWeek: {},
+                        historic: {},
+                    },
+                ) => state,
             }),
         }),
         preloadedState: preloadedState || createTradingTestState(),
     });
 
-    const wrapper = ({ children }: { children: ReactNode }) => (
-        <Provider store={store}>{children}</Provider>
-    );
-
     return {
-        ...renderHook(callback, { wrapper, ...options }),
+        ...renderHookWithStoreProvider(callback, { store, ...options }),
         store,
     };
 };
diff --git a/suite-common/trading/src/hooks/__tests__/useTradingFiatValues.test.ts b/suite-common/trading/src/hooks/__tests__/useTradingFiatValues.test.ts
new file mode 100644
index 0000000000..912abe8481
--- /dev/null
+++ b/suite-common/trading/src/hooks/__tests__/useTradingFiatValues.test.ts
@@ -0,0 +1,284 @@
+import { CryptoId, FiatCurrencyCode } from 'invity-api';
+
+import { NetworkSymbol } from '@suite-common/wallet-config';
+import { initialWalletSettingsState } from '@suite-common/wallet-core';
+import { Rate, Timestamp } from '@suite-common/wallet-types';
+import { getFiatRateKey } from '@suite-common/wallet-utils';
+
+import {
+    TradingTestStateWithWalletSettings,
+    createTestStateWithWalletSettings,
+    renderHookWithTradingStore,
+} from '../../__tests__/testUtils';
+import {
+    TradingFiatRatesProps,
+    TradingFiatRatesReturn,
+    useTradingFiatValues,
+} from '../useTradingFiatValues';
+
+// Mock crypto IDs for testing
+const BITCOIN_CRYPTO_ID = 'bitcoin' as CryptoId;
+const ETHEREUM_CRYPTO_ID = 'ethereum' as CryptoId;
+
+const createMockRate = (rate: number, symbol: NetworkSymbol = 'btc'): Rate => ({
+    rate,
+    lastTickerTimestamp: 1000000 as Timestamp,
+    lastSuccessfulFetchTimestamp: Date.now() as Timestamp,
+    isLoading: false,
+    error: null,
+    ticker: {
+        symbol,
+    },
+});
+
+const getPreloadedState = () => {
+    const btcRate = createMockRate(50000);
+    const fiatRateKey = getFiatRateKey('btc', 'usd');
+
+    return createTestStateWithWalletSettings({
+        fiat: {
+            current: {
+                [fiatRateKey]: btcRate,
+            },
+            lastWeek: {},
+            historic: {},
+        },
+    });
+};
+
+const renderUseTradingFiatValues = (
+    props: TradingFiatRatesProps,
+    preloadedState: TradingTestStateWithWalletSettings = createTestStateWithWalletSettings(),
+) => renderHookWithTradingStore(() => useTradingFiatValues(props), { preloadedState });
+
+describe('useTradingFiatValues', () => {
+    describe('returns null when required parameters are missing', () => {
+        it('should return null when cryptoId is undefined', () => {
+            const { result } = renderUseTradingFiatValues({
+                cryptoId: undefined,
+                fiatCurrency: 'usd' as FiatCurrencyCode,
+                amount: '100',
+            });
+
+            expect(result.current).toBeNull();
+        });
+
+        it('should return null when fiatCurrency is undefined', () => {
+            const { result } = renderUseTradingFiatValues({
+                cryptoId: BITCOIN_CRYPTO_ID,
+                fiatCurrency: undefined,
+                amount: '100',
+            });
+
+            expect(result.current).toBeNull();
+        });
+
+        it('should return null when amount is undefined', () => {
+            const { result } = renderUseTradingFiatValues({
+                cryptoId: BITCOIN_CRYPTO_ID,
+                fiatCurrency: 'usd' as FiatCurrencyCode,
+                amount: undefined,
+            });
+
+            expect(result.current).toBeNull();
+        });
+
+        it('should return null when all parameters are missing', () => {
+            const { result } = renderUseTradingFiatValues({});
+
+            expect(result.current).toBeNull();
+        });
+    });
+
+    describe('returns correct values for native tokens', () => {
+        it('should calculate fiat value for Bitcoin', () => {
+            const preloadedState = getPreloadedState();
+
+            const { result } = renderUseTradingFiatValues(
+                {
+                    cryptoId: BITCOIN_CRYPTO_ID,
+                    fiatCurrency: 'usd' as FiatCurrencyCode,
+                    amount: '1',
+                },
+                preloadedState,
+            );
+
+            expect(result.current).not.toBeNull();
+            expect(result.current?.fiatValue).toBe('50000.00');
+            expect(result.current?.symbol).toBe('btc');
+            expect(result.current?.accountBalance).toBe('1');
+            expect(result.current?.tokenAddress).toBeUndefined();
+        });
+
+        it('should calculate fiat value for Ethereum', () => {
+            const ethRate = createMockRate(3000, 'eth');
+            const fiatRateKey = getFiatRateKey('eth', 'eur');
+
+            const preloadedState = createTestStateWithWalletSettings({
+                settings: {
+                    ...initialWalletSettingsState,
+                    localCurrency: 'eur',
+                },
+                fiat: {
+                    current: {
+                        [fiatRateKey]: ethRate,
+                    },
+                    lastWeek: {},
+                    historic: {},
+                },
+            });
+
+            const { result } = renderUseTradingFiatValues(
+                {
+                    cryptoId: ETHEREUM_CRYPTO_ID,
+                    fiatCurrency: 'eur' as FiatCurrencyCode,
+                    amount: '2.5',
+                },
+                preloadedState,
+            );
+
+            expect(result.current).not.toBeNull();
+            expect(result.current?.fiatValue).toBe('7500.00');
+            expect(result.current?.symbol).toBe('eth');
+            expect(result.current?.tokenAddress).toBeUndefined();
+        });
+
+        it('should return correct network decimals for Bitcoin', () => {
+            const preloadedState = getPreloadedState();
+
+            const { result } = renderUseTradingFiatValues(
+                {
+                    cryptoId: BITCOIN_CRYPTO_ID,
+                    fiatCurrency: 'usd' as FiatCurrencyCode,
+                    amount: '1',
+                },
+                preloadedState,
+            );
+
+            expect(result.current?.networkDecimals).toBe(8);
+        });
+    });
+
+    describe('handles fiat rate unavailability', () => {
+        it('should return null fiatValue when rate is not available', () => {
+            const preloadedState = createTestStateWithWalletSettings({
+                fiat: {
+                    current: {},
+                    lastWeek: {},
+                    historic: {},
+                },
+            });
+
+            const { result } = renderUseTradingFiatValues(
+                {
+                    cryptoId: BITCOIN_CRYPTO_ID,
+                    fiatCurrency: 'usd' as FiatCurrencyCode,
+                    amount: '1',
+                },
+                preloadedState,
+            );
+
+            expect(result.current).not.toBeNull();
+            expect(result.current?.fiatValue).toBeNull();
+            expect(result.current?.fiatRate).toBeUndefined();
+        });
+    });
+
+    describe('handles shouldSendInSats option', () => {
+        it('should convert amount to satoshis when shouldSendInSats is true', () => {
+            const preloadedState = getPreloadedState();
+
+            const { result } = renderUseTradingFiatValues(
+                {
+                    cryptoId: BITCOIN_CRYPTO_ID,
+                    fiatCurrency: 'usd' as FiatCurrencyCode,
+                    amount: '1',
+                    shouldSendInSats: true,
+                },
+                preloadedState,
+            );
+
+            expect(result.current).not.toBeNull();
+            // 1 BTC = 100,000,000 satoshis
+            expect(result.current?.formattedBalance).toBe('100000000');
+            expect(result.current?.accountBalance).toBe('1');
+        });
+
+        it('should not convert amount when shouldSendInSats is false', () => {
+            const preloadedState = getPreloadedState();
+
+            const { result } = renderUseTradingFiatValues(
+                {
+                    cryptoId: BITCOIN_CRYPTO_ID,
+                    fiatCurrency: 'usd' as FiatCurrencyCode,
+                    amount: '1',
+                    shouldSendInSats: false,
+                },
+                preloadedState,
+            );
+
+            expect(result.current).not.toBeNull();
+            expect(result.current?.formattedBalance).toBe('1');
+            expect(result.current?.accountBalance).toBe('1');
+        });
+    });
+
+    describe('fiatRatesUpdater function', () => {
+        it('should return fiatRatesUpdater function', () => {
+            const preloadedState = getPreloadedState();
+
+            const { result } = renderUseTradingFiatValues(
+                {
+                    cryptoId: BITCOIN_CRYPTO_ID,
+                    fiatCurrency: 'usd' as FiatCurrencyCode,
+                    amount: '1',
+                },
+                preloadedState,
+            );
+
+            expect(result.current).not.toBeNull();
+            expect(typeof result.current?.fiatRatesUpdater).toBe('function');
+        });
+
+        it('should return null when fiatRatesUpdater is called with undefined value', async () => {
+            const preloadedState = getPreloadedState();
+
+            const { result } = renderUseTradingFiatValues(
+                {
+                    cryptoId: BITCOIN_CRYPTO_ID,
+                    fiatCurrency: 'usd' as FiatCurrencyCode,
+                    amount: '1',
+                },
+                preloadedState,
+            );
+
+            const updaterResult = await result.current?.fiatRatesUpdater(undefined);
+            expect(updaterResult).toBeNull();
+        });
+    });
+
+    describe('return value structure', () => {
+        it('should return all expected properties', () => {
+            const preloadedState = getPreloadedState();
+
+            const { result } = renderUseTradingFiatValues(
+                {
+                    cryptoId: BITCOIN_CRYPTO_ID,
+                    fiatCurrency: 'usd' as FiatCurrencyCode,
+                    amount: '1',
+                },
+                preloadedState,
+            );
+
+            const returnValue = result.current as TradingFiatRatesReturn;
+            expect(returnValue).toHaveProperty('fiatValue');
+            expect(returnValue).toHaveProperty('fiatRate');
+            expect(returnValue).toHaveProperty('accountBalance');
+            expect(returnValue).toHaveProperty('formattedBalance');
+            expect(returnValue).toHaveProperty('symbol');
+            expect(returnValue).toHaveProperty('networkDecimals');
+            expect(returnValue).toHaveProperty('tokenAddress');
+            expect(returnValue).toHaveProperty('fiatRatesUpdater');
+        });
+    });
+});