diff --git a/app/components/UI/Bridge/components/QuoteSelectorView/QuoteList.test.tsx b/app/components/UI/Bridge/components/QuoteSelectorView/QuoteList.test.tsx
index bbc02441901..aed2f82a3a3 100644
--- a/app/components/UI/Bridge/components/QuoteSelectorView/QuoteList.test.tsx
+++ b/app/components/UI/Bridge/components/QuoteSelectorView/QuoteList.test.tsx
@@ -1,23 +1,57 @@
 import React from 'react';
 import { render } from '@testing-library/react-native';
 import { QuoteList } from './QuoteList';
-import { QuoteRowProps } from './QuoteRow';
+import { QuoteRowProps, QuoteRowViewProps } from './QuoteRow';
+import { useSelector } from 'react-redux';
+import { getDisplayCurrencyValue } from '../../utils/exchange-rates';
 
-jest.mock('./QuoteRow', () => ({
-  QuoteRow: ({ provider, quoteRequestId }: QuoteRowProps) => {
+const mockQuoteRowRenderCounts = new Map<string, number>();
+
+jest.mock('./QuoteRow', () => {
+  const ReactActual = jest.requireActual('react');
+
+  function MockQuoteRowView({
+    providerName,
+    quoteRequestId,
+  }: QuoteRowViewProps) {
     const { Text } = jest.requireActual('react-native');
+
+    mockQuoteRowRenderCounts.set(
+      quoteRequestId,
+      (mockQuoteRowRenderCounts.get(quoteRequestId) ?? 0) + 1,
+    );
+
     return (
       <Text testID={`quote-row-${quoteRequestId}`}>
-        {provider.name} - {quoteRequestId}
+        {providerName} - {quoteRequestId}
       </Text>
     );
-  },
+  }
+
+  return {
+    QuoteRowView: ReactActual.memo(MockQuoteRowView),
+  };
+});
+
+jest.mock('react-redux', () => ({
+  ...jest.requireActual('react-redux'),
+  useSelector: jest.fn(() => undefined),
+}));
+
+jest.mock('../../utils/exchange-rates', () => ({
+  getDisplayCurrencyValue: jest.fn(() => '$0.00'),
 }));
 
 jest.mock('../../hooks/useShouldRenderGasSponsoredBanner', () => ({
   useShouldRenderGasSponsoredBanner: jest.fn(),
 }));
 
+const mockUseSelector = useSelector as jest.MockedFunction<typeof useSelector>;
+const mockGetDisplayCurrencyValue =
+  getDisplayCurrencyValue as jest.MockedFunction<
+    typeof getDisplayCurrencyValue
+  >;
+
 describe('QuoteList', () => {
   const mockOnPress = jest.fn();
 
@@ -33,9 +67,23 @@ describe('QuoteList', () => {
 
   beforeEach(() => {
     jest.clearAllMocks();
+    mockQuoteRowRenderCounts.clear();
   });
 
   describe('rendering', () => {
+    it('selects currency data once for multiple rows', () => {
+      const quotes = [
+        createMockQuote({ quoteRequestId: 'quote-1' }),
+        createMockQuote({ quoteRequestId: 'quote-2' }),
+        createMockQuote({ quoteRequestId: 'quote-3' }),
+      ];
+
+      render(<QuoteList data={quotes} />);
+
+      expect(mockUseSelector).toHaveBeenCalledTimes(6);
+      expect(mockGetDisplayCurrencyValue).toHaveBeenCalledTimes(3);
+    });
+
     it('renders empty list when data is empty array', () => {
       const { queryByTestId } = render(<QuoteList data={[]} />);
 
@@ -96,6 +144,50 @@ describe('QuoteList', () => {
     });
   });
 
+  describe('memoization', () => {
+    it('does not re-render unchanged rows when one quote changes', () => {
+      // Arrange
+      const quotes = [
+        createMockQuote({
+          provider: { name: 'Lifi' },
+          quoteRequestId: 'quote-1',
+        }),
+        createMockQuote({
+          provider: { name: 'Socket' },
+          quoteRequestId: 'quote-2',
+        }),
+        createMockQuote({
+          provider: { name: 'Hop' },
+          quoteRequestId: 'quote-3',
+        }),
+      ];
+      const { rerender } = render(<QuoteList data={quotes} />);
+      const updatedQuotes = [
+        createMockQuote({
+          provider: { name: 'Lifi' },
+          quoteRequestId: 'quote-1',
+        }),
+        createMockQuote({
+          provider: { name: 'Socket' },
+          quoteRequestId: 'quote-2',
+          formattedTotalCost: '$101.00',
+        }),
+        createMockQuote({
+          provider: { name: 'Hop' },
+          quoteRequestId: 'quote-3',
+        }),
+      ];
+
+      // Act
+      rerender(<QuoteList data={updatedQuotes} />);
+
+      // Assert
+      expect(mockQuoteRowRenderCounts.get('quote-1')).toBe(1);
+      expect(mockQuoteRowRenderCounts.get('quote-2')).toBe(2);
+      expect(mockQuoteRowRenderCounts.get('quote-3')).toBe(1);
+    });
+  });
+
   describe('prop passing', () => {
     it('passes all props to QuoteRow components', () => {
       const quote = createMockQuote({
diff --git a/app/components/UI/Bridge/components/QuoteSelectorView/QuoteList.tsx b/app/components/UI/Bridge/components/QuoteSelectorView/QuoteList.tsx
index 73c2ca6c91d..bc402842adb 100644
--- a/app/components/UI/Bridge/components/QuoteSelectorView/QuoteList.tsx
+++ b/app/components/UI/Bridge/components/QuoteSelectorView/QuoteList.tsx
@@ -1,9 +1,51 @@
 import React from 'react';
-import { QuoteRow, QuoteRowProps } from './QuoteRow';
+import { useSelector } from 'react-redux';
+import { QuoteRowProps, QuoteRowView } from './QuoteRow';
+import { selectDestToken } from '../../../../../core/redux/slices/bridge';
+import { selectTokenMarketData } from '../../../../../selectors/tokenRatesController';
+import {
+  selectCurrencyRates,
+  selectCurrentCurrency,
+} from '../../../../../selectors/currencyRateController';
+import { selectNetworkConfigurations } from '../../../../../selectors/networkController';
+///: BEGIN:ONLY_INCLUDE_IF(keyring-snaps)
+import { selectMultichainAssetsRates } from '../../../../../selectors/multichain';
+///: END:ONLY_INCLUDE_IF(keyring-snaps)
+import { getDisplayCurrencyValue } from '../../utils/exchange-rates';
 
 interface Props {
   data: QuoteRowProps[];
 }
 
-export const QuoteList = ({ data }: Props) =>
-  data.map((quote) => <QuoteRow key={quote.quoteRequestId} {...quote} />);
+export const QuoteList = ({ data }: Props) => {
+  const destToken = useSelector(selectDestToken);
+  const evmMultiChainMarketData = useSelector(selectTokenMarketData);
+  const evmMultiChainCurrencyRates = useSelector(selectCurrencyRates);
+  const networkConfigurationsByChainId = useSelector(
+    selectNetworkConfigurations,
+  );
+  const currentCurrency = useSelector(selectCurrentCurrency);
+
+  let nonEvmMultichainAssetRates = {};
+  ///: BEGIN:ONLY_INCLUDE_IF(keyring-snaps)
+  nonEvmMultichainAssetRates = useSelector(selectMultichainAssetsRates);
+  ///: END:ONLY_INCLUDE_IF(keyring-snaps)
+
+  return data.map(({ provider, ...quote }) => (
+    <QuoteRowView
+      key={quote.quoteRequestId}
+      {...quote}
+      providerName={provider.name}
+      formattedReceiveAmountFiat={getDisplayCurrencyValue({
+        token: destToken,
+        amount: quote.receiveAmount,
+        evmMultiChainMarketData,
+        networkConfigurationsByChainId,
+        evmMultiChainCurrencyRates,
+        currentCurrency,
+        nonEvmMultichainAssetRates,
+      })}
+      destTokenSymbol={destToken?.symbol}
+    />
+  ));
+};
diff --git a/app/components/UI/Bridge/components/QuoteSelectorView/QuoteRow.test.tsx b/app/components/UI/Bridge/components/QuoteSelectorView/QuoteRow.test.tsx
index 2b958b99f57..c2ec4602b69 100644
--- a/app/components/UI/Bridge/components/QuoteSelectorView/QuoteRow.test.tsx
+++ b/app/components/UI/Bridge/components/QuoteSelectorView/QuoteRow.test.tsx
@@ -1,6 +1,6 @@
 import React from 'react';
 import { render, fireEvent } from '@testing-library/react-native';
-import { QuoteRow, QuoteRowProps } from './QuoteRow';
+import { QuoteRow, QuoteRowProps, QuoteRowView } from './QuoteRow';
 import { strings } from '../../../../../../locales/i18n';
 import { BridgeToken } from '../../types';
 import { CHAIN_IDS } from '@metamask/transaction-controller';
@@ -77,6 +77,12 @@ describe('QuoteRow', () => {
     });
   });
 
+  describe('memoization', () => {
+    it('memoizes QuoteRowView', () => {
+      expect(QuoteRowView).toHaveProperty('$$typeof', Symbol.for('react.memo'));
+    });
+  });
+
   describe('rendering', () => {
     it('renders provider name', () => {
       // Act
diff --git a/app/components/UI/Bridge/components/QuoteSelectorView/QuoteRow.tsx b/app/components/UI/Bridge/components/QuoteSelectorView/QuoteRow.tsx
index 759272b2c4a..be8b8f45190 100644
--- a/app/components/UI/Bridge/components/QuoteSelectorView/QuoteRow.tsx
+++ b/app/components/UI/Bridge/components/QuoteSelectorView/QuoteRow.tsx
@@ -38,108 +38,133 @@ export interface QuoteRowProps {
   receiveAmount?: string;
 }
 
-export const QuoteRow = ({
-  selected,
-  provider,
-  isLowestCost,
-  formattedTotalCost,
-  onPress,
-  quoteRequestId,
-  loading,
-  receiveAmount,
-}: QuoteRowProps) => {
-  const theme = useTheme();
-  const destToken = useSelector(selectDestToken);
-  const formattedReceiveAmountFiat = useDisplayCurrencyValue(
+export interface QuoteRowViewProps extends Omit<QuoteRowProps, 'provider'> {
+  providerName: string;
+  formattedReceiveAmountFiat: string;
+  destTokenSymbol?: string;
+}
+
+export const QuoteRowView = React.memo(
+  ({
+    selected,
+    providerName,
+    isLowestCost,
+    formattedTotalCost,
+    formattedReceiveAmountFiat,
+    destTokenSymbol,
+    onPress,
+    quoteRequestId,
+    loading,
     receiveAmount,
-    destToken,
-  );
-  const formattedReceiveAmount = useMemo(
-    () =>
-      receiveAmount && receiveAmount !== '0' && destToken
-        ? formatAmountWithLocaleSeparators(
-            limitToMaximumDecimalPlaces(parseFloat(receiveAmount)),
-          )
-        : receiveAmount,
-    [receiveAmount, destToken],
-  );
+  }: QuoteRowViewProps) => {
+    const theme = useTheme();
+    const formattedReceiveAmount = useMemo(
+      () =>
+        receiveAmount && receiveAmount !== '0' && destTokenSymbol
+          ? formatAmountWithLocaleSeparators(
+              limitToMaximumDecimalPlaces(parseFloat(receiveAmount)),
+            )
+          : receiveAmount,
+      [receiveAmount, destTokenSymbol],
+    );
 
-  return (
-    <TouchableOpacity onPress={() => onPress(quoteRequestId)}>
-      <Box
-        paddingVertical={3}
-        paddingHorizontal={4}
-        backgroundColor={
-          selected
-            ? BoxBackgroundColor.BackgroundMuted
-            : BoxBackgroundColor.BackgroundDefault
-        }
-        gap={2}
-        flexDirection={BoxFlexDirection.Row}
-        justifyContent={BoxJustifyContent.Between}
-        alignItems={BoxAlignItems.Center}
-      >
-        <Box gap={1}>
+    return (
+      <TouchableOpacity onPress={() => onPress(quoteRequestId)}>
+        <Box
+          paddingVertical={3}
+          paddingHorizontal={4}
+          backgroundColor={
+            selected
+              ? BoxBackgroundColor.BackgroundMuted
+              : BoxBackgroundColor.BackgroundDefault
+          }
+          gap={2}
+          flexDirection={BoxFlexDirection.Row}
+          justifyContent={BoxJustifyContent.Between}
+          alignItems={BoxAlignItems.Center}
+        >
+          <Box gap={1}>
+            <Box
+              gap={1}
+              flexDirection={BoxFlexDirection.Row}
+              alignItems={BoxAlignItems.Center}
+            >
+              <Skeleton hideChildren={loading}>
+                <View>
+                  <Text
+                    fontWeight={FontWeight.Medium}
+                    variant={TextVariantDS.BodyMd}
+                  >
+                    {providerName}
+                  </Text>
+                </View>
+              </Skeleton>
+              <View>
+                {isLowestCost && !loading && (
+                  <TagBase
+                    shape={TagShape.Rectangle}
+                    textProps={{
+                      variant: TextVariant.BodySM,
+                      style: { fontWeight: 500 },
+                      color: theme.colors.success.default,
+                    }}
+                    severity={TagSeverity.Success}
+                  >
+                    {strings('bridge.lowest_cost')}
+                  </TagBase>
+                )}
+              </View>
+            </Box>
+            <Skeleton hideChildren={loading}>
+              <Text
+                variant={TextVariantDS.BodySm}
+                color={TextColor.TextAlternative}
+              >
+                {strings('bridge.total_cost')}: {formattedTotalCost}
+              </Text>
+            </Skeleton>
+          </Box>
           <Box
+            justifyContent={BoxJustifyContent.Center}
+            alignItems={BoxAlignItems.End}
             gap={1}
-            flexDirection={BoxFlexDirection.Row}
-            alignItems={BoxAlignItems.Center}
           >
             <Skeleton hideChildren={loading}>
-              <View>
-                <Text
-                  fontWeight={FontWeight.Medium}
-                  variant={TextVariantDS.BodyMd}
-                >
-                  {provider.name}
-                </Text>
-              </View>
+              <Text
+                variant={TextVariantDS.BodyMd}
+                fontWeight={FontWeight.Medium}
+              >
+                ~ {formattedReceiveAmount} {destTokenSymbol}
+              </Text>
+            </Skeleton>
+            <Skeleton hideChildren={loading}>
+              <Text
+                variant={TextVariantDS.BodySm}
+                color={TextColor.TextAlternative}
+              >
+                ~ {formattedReceiveAmountFiat}
+              </Text>
             </Skeleton>
-            <View>
-              {isLowestCost && !loading && (
-                <TagBase
-                  shape={TagShape.Rectangle}
-                  textProps={{
-                    variant: TextVariant.BodySM,
-                    style: { fontWeight: 500 },
-                    color: theme.colors.success.default,
-                  }}
-                  severity={TagSeverity.Success}
-                >
-                  {strings('bridge.lowest_cost')}
-                </TagBase>
-              )}
-            </View>
           </Box>
-          <Skeleton hideChildren={loading}>
-            <Text
-              variant={TextVariantDS.BodySm}
-              color={TextColor.TextAlternative}
-            >
-              {strings('bridge.total_cost')}: {formattedTotalCost}
-            </Text>
-          </Skeleton>
-        </Box>
-        <Box
-          justifyContent={BoxJustifyContent.Center}
-          alignItems={BoxAlignItems.End}
-          gap={1}
-        >
-          <Skeleton hideChildren={loading}>
-            <Text variant={TextVariantDS.BodyMd} fontWeight={FontWeight.Medium}>
-              ~ {formattedReceiveAmount} {destToken?.symbol}
-            </Text>
-          </Skeleton>
-          <Skeleton hideChildren={loading}>
-            <Text
-              variant={TextVariantDS.BodySm}
-              color={TextColor.TextAlternative}
-            >
-              ~ {formattedReceiveAmountFiat}
-            </Text>
-          </Skeleton>
         </Box>
-      </Box>
-    </TouchableOpacity>
+      </TouchableOpacity>
+    );
+  },
+);
+
+export const QuoteRow = ({ provider, ...props }: QuoteRowProps) => {
+  const destToken = useSelector(selectDestToken);
+  const formattedReceiveAmountFiat = useDisplayCurrencyValue(
+    props.receiveAmount,
+    destToken,
+  );
+
+  return (
+    <QuoteRowView
+      {...props}
+      providerName={provider.name}
+      formattedReceiveAmountFiat={formattedReceiveAmountFiat}
+      destTokenSymbol={destToken?.symbol}
+    />
   );
 };