Question

PayPal: Calculate exchange rates - this is how it works

Answer 1

How to check the exchange rate for your PayPal transaction
1st step:
2nd step:
3rd step:
4th step:
Quick guide: View PayPal exchange rates

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In this article you will learn more about the exchange rates of the payment service provider PayPal..

Image: <span> Nopparat Khokthong / Shutterstock.com </span>

If you want to send money internationally using your PayPal account, certain exchange rates apply. PayPal offers a currency converter, with the help of which the currency conversion is done quickly. In this article we will show you how to check the exchange rates for your transaction on PayPal.

How to check the exchange rate for your PayPal transaction

Please note that when paying by credit card you are not bound to the PayPal exchange rate, but can use the exchange rate of your credit card provider. However, this is not displayed to you on PayPal, so you have to ask your credit card provider for it.

Follow our step-by-step instructions or take a look at the brief instructions .

1st step:

Visit the PayPal Help Center . Under the link provided you will find help on currency conversion as well as a currency converter with which you can easily calculate your transaction in a foreign currency.

2nd step:

First select the region of origin and destination in the currency converter . You then also need to specify the source and target currency .

3rd step:

In the next step you choose whether you want to pay for purchases on the Internet or whether the money will go to friends or acquaintances . This affects the fee to be paid to PayPal. In the last step, enter the desired amount to be transmitted . Click " Submit " to calculate .

4th step:

Your transaction amount is now displayed below the currency converter and already includes any fees that may be incurred .

Quick guide: View PayPal exchange rates

1. Use the PayPal Help Center and scroll down a bit to reach the currency converter .
2. Now select both the starting and target region and the currency in which you are paying. Then you specify the foreign currency that the payee will receive.
3. Indicate below whether you are paying for goods and services or sending the money to friends or acquaintances . Now enter the desired amount .
4. The PayPal exchange rate will then be displayed including all applicable fees. In this way, you know exactly how much money you have to pay for the desired target amount in the foreign currency.

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