PayPal Currency Converter-Find Exact Exchange Rate Before Withdrawing

Saurabh Didwania    Internet, Tips and Tricks

Are you a PayPal users and withdraw amount in some local banks. Before withdrawing the amount, you can check the current exchange rate on PayPal ,through ‘Currency Converter’ available on PayPal.

Remember that the exchange rate on PayPal always remain lower than the exact exchange rate of currency.

For example, Current exchange rate (Dated 12/12/2009)  for US dollars into Indian INR,

1 US Dollar = 46.48800 Indian Rupee (INR)

PayPal exchange rate for US dollars into Indian Rupee INR,

1 US Dollar = 45.05470 Indian Rupee (INR)

See the screenshot below:

To find out the current PayPal exchange rate, follow the below steps:

1. Login to your PayPal account

2. Click on ‘Withdraw’ under ‘My Account’ tab

3. Select the option to withdraw your amount.

4. Now you need to fill the amount of withdrawal, at the bottom of that window you can see a link as ‘Currency Converter’

5. Click on Currency Converter to open the converter in a new window

6. Enter the amount for conversion, tat window will show you the current PayPal conversion exchange rate

Here is the screenshot of PayPal Currency Converter:

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