Quote Originally Posted by Lint View Post
Rate at COB today was 0.9934

What annoys me is that the Paypal conversion rate actually dropped a whole cent over the weekend despite gains on the AUD on Thursday, Friday and Saturday (US trading). Which begs me to question how the heck they define their conversion rate? Do they take the spot value in the middle of US currency trading hours?

Hopefully it updates to something more reasonable tonight.
from my experience, if xe.com says something like $0.99US then paypal's conversion is always 2cents lower, so - $0.97