Currency rates (added every week or two).

[5FDP]

Check the paypal exchange rate though if paying using that method. I always find them to be lower than the official exchange rate.

[MV75]

Check the paypal exchange rate though if paying using that method. I always find them to be lower than the official exchange rate.

That's because the "exchange rate" is an average of the true buy/sell rate. It's easier to straight report the average rather than both seperate rates.

[llamatron]

Check the paypal exchange rate though if paying using that method. I always find them to be lower than the official exchange rate.

For the USA subtract about .02 cents from the XE rate to get roughly what Paypal will be using.

[Lint]

is it really only .02 cents? I swear its more like a full 2 cents.

[griffin]

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.

[llamatron]

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

[DarkHyren]

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 -_-

[griffin]

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).