Paypal Calculator Exchange Rate

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PayPal Exchange Rate Calculator

USD EUR GBP CAD AUD
EUR USD GBP CAD AUD
var calculatePaypalExchange = function() { var amountToSend = parseFloat(document.getElementById("amountToSend").value); var sendCurrency = document.getElementById("sendCurrency").value; var receiveCurrency = document.getElementById("receiveCurrency").value; var exchangeRate = parseFloat(document.getElementById("exchangeRate").value); var paypalFeePercentage = parseFloat(document.getElementById("paypalFeePercentage").value) / 100; var fixedFee = parseFloat(document.getElementById("fixedFee").value); var resultDiv = document.getElementById("result"); resultDiv.innerHTML = ""; // Clear previous results if (isNaN(amountToSend) || isNaN(exchangeRate) || isNaN(paypalFeePercentage) || isNaN(fixedFee)) { resultDiv.innerHTML = "Please enter valid numbers for all fields."; return; } if (amountToSend <= 0) { resultDiv.innerHTML = "Amount to send must be a positive number."; return; } if (exchangeRate <= 0) { resultDiv.innerHTML = "Exchange rate must be a positive number."; return; } // Calculate the amount after exchange var amountAfterExchange = amountToSend * exchangeRate; // Calculate PayPal fees based on the amount being sent in the sending currency // PayPal fees are typically charged on the amount being sent. var feeOnAmount = amountToSend * paypalFeePercentage; var totalFee = feeOnAmount + fixedFee; // The user wants to send 'amountToSend'. PayPal takes its fee from this amount before conversion. // However, most calculators assume the user wants to RECEIVE a certain amount, or send a clear amount. // Let's assume the user inputs the amount they WISH to send from their account. // So, the fees are calculated on this amount. var netAmountAfterFees = amountToSend – totalFee; // The amount that gets converted is the net amount after fees var finalAmountReceived = netAmountAfterFees * exchangeRate; // Display the results var outputHTML = "

Calculation Details:

"; outputHTML += "Amount you intend to send: " + amountToSend.toFixed(2) + " " + sendCurrency + ""; outputHTML += "Exchange Rate: 1 " + sendCurrency + " = " + exchangeRate.toFixed(4) + " " + receiveCurrency + ""; outputHTML += "PayPal Fee:"; outputHTML += "
    "; outputHTML += "
  • Percentage Fee (" + (paypalFeePercentage * 100).toFixed(2) + "% of " + amountToSend.toFixed(2) + " " + sendCurrency + "): " + feeOnAmount.toFixed(2) + " " + sendCurrency + "
    • "; outputHTML += "
  • Fixed Fee: " + fixedFee.toFixed(2) + " " + sendCurrency + "
    • "; outputHTML += "
  • Total Fee: " + totalFee.toFixed(2) + " " + sendCurrency + "
    • "; outputHTML += "
"; outputHTML += "Net amount converted: " + netAmountAfterFees.toFixed(2) + " " + sendCurrency + ""; outputHTML += "You will receive: " + finalAmountReceived.toFixed(2) + " " + receiveCurrency + ""; resultDiv.innerHTML = outputHTML; };

Understanding PayPal Exchange Rates and Fees

When you send money internationally using PayPal, the platform handles currency conversion for you. However, this convenience comes with specific exchange rates and fees that can impact the final amount received by the recipient.

How PayPal Exchange Rates Work

PayPal uses its own exchange rates, which are often less favorable than the interbank rates (the rates banks use when trading currencies with each other). The exchange rate PayPal offers typically includes a margin (a markup) on top of the current market rate. This margin is how PayPal makes a profit on currency conversions.

The exchange rate you see on the PayPal platform at the time of the transaction is the rate that will be applied. It's crucial to check this rate before confirming your transaction, especially for significant amounts.

PayPal Transaction Fees for Currency Conversion

In addition to the exchange rate margin, PayPal also charges fees for international transactions involving currency conversion. These fees generally consist of:

  • Percentage Fee: A percentage of the amount being sent. This percentage can vary by region and account type, but is often around 4.4%.
  • Fixed Fee: A small fixed fee, which also varies depending on the currencies involved and the country of origin. For many common currency pairs, this might be around $0.30 USD or its equivalent.

These fees are usually deducted from the amount you send before the currency conversion takes place. This means both the exchange rate margin and the fees work together to reduce the final amount the recipient receives.

Using the PayPal Exchange Rate Calculator

Our PayPal Exchange Rate Calculator is designed to help you estimate the total cost of sending money internationally with PayPal. By inputting the amount you wish to send, your sending currency, the receiving currency, the current exchange rate, and PayPal's standard fee structure (percentage and fixed fee), you can get a clear picture of:

  • The total fees PayPal will charge.
  • The net amount that will be converted.
  • The estimated amount the recipient will receive in their local currency.

Example: Let's say you want to send $100 USD to a friend in Europe who receives EUR. You find out the current market exchange rate is roughly 1 USD = 0.92 EUR. PayPal's exchange rate might be slightly different, but for this example, let's use your provided rate. PayPal's typical fees are 4.4% + $0.30 USD.

  • Amount to Send: $100.00 USD
  • Sending Currency: USD
  • Receiving Currency: EUR
  • Exchange Rate: 1 USD = 0.92 EUR
  • PayPal Fee %: 4.4%
  • PayPal Fixed Fee: $0.30 USD

Calculation:

  • Percentage Fee: 4.4% of $100.00 = $4.40 USD
  • Total Fee: $4.40 + $0.30 = $4.70 USD
  • Net Amount Converted: $100.00 – $4.70 = $95.30 USD
  • Amount Received in EUR: $95.30 USD * 0.92 EUR/USD = 87.68 EUR

This calculator helps you anticipate these figures and make informed decisions when planning international payments via PayPal.

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