Paypal use retail exchange rates for the transactions involving currency conversion.Suppose current exchange rates of USD to INR is 52.71 then paypal exchange rates for USD to INR will be near about INR 51 per USD. Paypal currency conversion rates are determined on "At what rates paypal buy country specific currency"
You can check the current paypal exhange rates while withdrawing money to your bank account using withdrawal option.
To check the Live exchange rates of Paypal just follow the steps below:
- Login to your Paypal Account.
- Click on withdraw Tab.
- Click Withdraw to bank Account
- Enter Amount and select bank account from drop down menu.
- Initiate the withdraw and you will see exact amount in INR you are going to get in your bank account.
NOTE: withdrawal to bank account in india takes about 5-7 days excluding saturday and sunday.
If you want to get any information regarding paypal or any other payment processor feel free to comment.
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Online exchange money in PayPal Exchange
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