PayPal Currency Converter

You can find PayPal’s latest currency exchange rates in the currency calculator section of your PayPal wallet page (Manage Currencies page). Following are the steps:

1. Log in to your PayPal account.
2. Click the 'My Account' tab.
3. Click 'Profile' at the top of the page.
4. Click 'Currency Balances' under the 'Financial Information' column.
5. Enter the requested information and click 'Calculate'.

PayPal charges a percentage of the total transaction value along with a minimal fixed fee for every transaction.

PayPal charges fees when you send money or receive e-commerce payment. However, there is no charge when you pay from PayPal balance.

There are basically three types of PayPal accounts - Personal account, Business account and Premier account. Additionally, there is also a student account that is monitored under any of the three accounts mentioned.

Yes, you can open a PayPal account without a bank account. However, you will have to link your bank account or debit/credit card to transfer and receive funds.

Yes, to convert currency in PayPal, perform the following steps:

1. Log in to your PayPal account.
2. Click on "Profile" at the top of the page.
3. Click "Currency Balances" under "Financial Information" tab.
4. Enter the amount to convert in the "Currency Exchange" field.
5. Choose a currency you want to convert to.
6. Click "Calculate" to preview the conversion results.
7. Click "Review Exchange"/"Continue" to accept the conversion.
8. Confirm the transfer by clicking Exchange Currency.

2.5% - As documented in PayPal's User Agreement (Section 8.5 - Additional Fees), a currency conversion fee of 2.5% is charged.

PayPal fees for international transfer:

• Cross-Border Transaction: 0.3% - 2% of transaction amount depending on the destination country
• Fixed fee for transfer: This varies depending on currency, it's generally less than $1
• Exchange rate: Depending on the type of the transaction, 2.5% or 3% on top of the wholesale rate