Paypal exchange rate ?

[cygnus]

Hi, does anyone know where can i find the details of the current Paypal exchange rate? Thanks.

[iceburn]

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

[STL]

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

[Adzma]

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.

[iceburn]

mine would be the most accurate but yes, agree with STL its a painful method

[cygnus]

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.

[jaydisc]

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.

[cygnus]

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..
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.

[jaydisc]

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

[cygnus]

it helps . Thanks (damn...just found that i overprized~!!! )