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why is paypal currency converter allways more than Google?

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emilybieman
Contributor
Posted on

In paypal receipt:

From amount $251.95 AUD

To amount $172.15 USD

 

Google says it is $241.06

 

screenshot of currency coversion showing as 10 dollars less than payopal actually charged today.jpg

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why is paypal currency converter allways more than Google?

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kernowlass
Esteemed Advisor

@emilybieman 

 

google give a like for like currency exchange BUT if you are buying or trading in another currency then you would never get that rate.

For eg, the rate may be one rate but if i am going on holiday and buying a currency to go with then it will be a lot lower.


Advice is voluntary.
Kudos / Solution appreciated.

View solution in original post

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Solved

why is paypal currency converter allways more than Google?

Options
Go to solution
kernowlass
Esteemed Advisor

@emilybieman 

 

google give a like for like currency exchange BUT if you are buying or trading in another currency then you would never get that rate.

For eg, the rate may be one rate but if i am going on holiday and buying a currency to go with then it will be a lot lower.


Advice is voluntary.
Kudos / Solution appreciated.

View solution in original post

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