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Thread: Currency rates (added every week or two).

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  1. #1
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    16th Jul 2008
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    is it really only .02 cents? I swear its more like a full 2 cents.

  2. #2
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    24th May 2007
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    That's probably what he meant, as most currency conversions (banks, airports, paypal) adjust a couple cents/percent to make their profit, and some then add a fee on top just to be sure they make money.

  3. #3
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    29th Dec 2007
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    Sorry yes I meant a full 2 cents, but when looking at the rate it's presented as a ratio so an xe rate of 0.92 equates to a paypal rate of roughly 0.9

  4. #4
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    7th Jan 2010
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    Quote Originally Posted by llamatron View Post
    Sorry yes I meant a full 2 cents, but when looking at the rate it's presented as a ratio so an xe rate of 0.92 equates to a paypal rate of roughly 0.9
    That's how I figure it out roughly too, and it normally works well.
    Though the other day I paid for something with PayPal and even though XE said the rate was 0.93 PayPal charged it at 0.90.
    Not sure how that happened -_-

  5. #5
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    Official Currency rates can change suddenly, and it can take time for banks and paypal to adjust their own - kinda like the big banks with mortgage rates (quick to change when they go up, slow to change when they go down).

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