Hi, does anyone know where can i find the details of the current Paypal exchange rate? Thanks.
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Hi, does anyone know where can i find the details of the current Paypal exchange rate? Thanks.
You could simply do a send money trial...type someone's email address, an amount, currency type and try it out BUT DON'T click PAY :P
I hate that ambiguity too. I normally minus 2.5 cents on the US, and 1.5 pence on the GBP official exchange rates (the two I most commonly use) and that's pretty accurate with paypal exchange rates
Or you can do what Daniel suggests but that's a massive pain
Alternatively there's always XE.com which provides an extremely up-to-date (refreshed each minute) exchange rate. Unfortunately PayPal's isn't quite as advanced, meaning sometimes you pay less and sometimes you pay more then XE's given price.
mine would be the most accurate but yes, agree with STL its a painful method
thanks iceburn but thats really troublesome (thu at last i m still stick with this method)
I don't really understand STL's method by how just adding cents and pounds ???
have to pay a huge amount for me, so now keep checking when s the best time. :D
I'm fairly certain that PayPal uses the standard rate but tacks on an additional 1-2% conversion fee. I'm also fairly certain that the additional amount they add on is documented on their site.
i know about the conversion fee..Quote:
Originally Posted by jaydisc
but have no idea their rate is a fixed rate? ??
What if the real rate is close to 1:1 then?
That will cause huge lost to buyer/seller while just benefits paypal itself.
They use the standard wholesale rate (you can get from oanda.com) and add 2.5% on top of that to cover themselves. A standard credit card adds about 1.5% so that's not too bad.
You could always just use PayPal's public currency converter ;-)
https://www.paypal.com/au/cgi-bin/we...rrency-generic
it helps . Thanks (damn...just found that i overprized~!!! :eek:)