Paypal conversion rate

[succilious]

Hello is there an offical 'currency converter'?

I want to see how many dollars are into pounds

If so can you please link it to me

Thank you

[dsz36 · Accepted solution]

Here is the answer: https://www.paypal-community.com/t5/About-Business-Archive/Published-currency-conversion-rates/m-p/9...

[MS71]

Hi,

That link doesn't correspond to what I'm seeing on my account. I don't see an option for 'manage currencies' or 'balance conversion' or 'payment conversion' ...

[Morvan1]

I'm having the same problem here, and tried various methods to no amout...

[dlark]

There is currently a class-action lawsuit on this starting in Ontario, Canada. 

I would highly recommend finding a law-firm willing to file a claim on similar facts (a customer has a right to deny PayPal forcing conversion through their system (+hidden 2.5% fees - hidden b/c they do not clarify what exchange rate are being used). 

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[joniver]

I think Paypal is a big sham and scam.
I hope I´m right about the deduction below: 

My thought is that Paypal steals enormous amounts by having lousy exhange rates. The advertise with "no fees", but thats just because they steal money through the conversion. I was trying to buy some guitars, and started looking into this. 
One guitar was: 

€1495, which in my bank converts to 14904 NOK

In Paypal 

14904 NOK converts to €1439. 45€ stolen by paypal. 
Now, to actually make the recipient get whats his, I need to add more to my intitial sum. 

15540=€1495 => 4.267% increase, which goes into Paypals pockets. 

Now, if I would use the "FREE" transfer between friends, I would use EUROs, but I would still get the horrible transaction rate, but its hidden.