What is the
PayPal Send Money conversion rate for INR to USD?
The PayPal INR to USD exchange rate is 0.0113. This is -3.5% compared to the latest INR-USD mid-market rate 0.011704.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Indian rupee (INR) to US dollar (USD) rates from different sources before making a conversion.
The above
PayPal - Rupee to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
PayPal and other foreign exchange providers against the latest INR-USD mid-rate and the possible savings of using various providers.
How do PayPal INR-USD rates compare between providers?
Looking at the
full comparison table
the best INR to USD exchange rate is 0.0116 from Wise, -0.89% from the mid-market rate 0.011704. The next best rate is 0.0115 from WorldRemit, -1.7% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
Compare INR to USD Transfer Rates