PayPal Currency Conversion Calculator
Use this calculator to estimate how much a recipient will receive after PayPal's currency conversion fees are applied to an international payment or currency exchange.
Understanding PayPal's Currency Conversion
When you send money internationally via PayPal, or receive money in a different currency than your primary balance, PayPal performs a currency conversion. This conversion isn't always at the mid-market rate you see on Google or financial news sites. Instead, PayPal typically adds a margin on top of the wholesale exchange rate, which acts as their conversion fee.
This fee usually ranges from 3% to 4.5% of the converted amount, depending on the specific currencies involved and the transaction type. For instance, if you send USD and the recipient receives EUR, PayPal will use an exchange rate that is less favorable than the true mid-market rate, effectively taking a cut from the total amount.
Our PayPal Currency Conversion Calculator helps you estimate the final amount a recipient will receive after these conversion fees are applied. By inputting the amount you wish to convert, the sender's and recipient's currencies, the exchange rate you expect (or PayPal's quoted rate), and the typical PayPal conversion fee percentage, you can get a clearer picture of the actual funds transferred.
How to Use This Calculator:
- Amount to Convert: Enter the initial amount you are sending or converting in the sender's currency.
- Sender's Currency: Input the three-letter code for the currency you are sending from (e.g., USD, GBP, CAD).
- Recipient's Currency: Input the three-letter code for the currency the recipient will receive (e.g., EUR, JPY, AUD).
- Exchange Rate: This is crucial. Find the current exchange rate for 1 unit of the sender's currency to the recipient's currency. For example, if 1 USD equals 0.92 EUR, enter 0.92. You can often find PayPal's specific exchange rate on their platform before confirming a transaction.
- PayPal Conversion Fee (%): Enter the percentage PayPal charges for currency conversion. This is usually around 3% to 4.5%. If you're unsure, 3.5% is a common estimate.
- Click "Calculate Conversion" to see the estimated amount the recipient will receive.
Example Calculation:
Let's say you want to send 100 USD to someone who will receive EUR. The current mid-market exchange rate is 1 USD = 0.92 EUR. PayPal's conversion fee is estimated at 3.5%.
- Amount to Convert: 100 USD
- Exchange Rate: 0.92
- PayPal Conversion Fee: 3.5%
- Converted Amount (before fees): 100 USD * 0.92 = 92.00 EUR
- PayPal Conversion Fee Amount: 92.00 EUR * (3.5 / 100) = 3.22 EUR
- Total Amount Recipient Will Receive: 92.00 EUR – 3.22 EUR = 88.78 EUR
This calculator helps you account for these fees upfront, so there are no surprises when sending or receiving international payments through PayPal.
" + "Converted Amount (before fees): " + convertedAmountBeforeFees.toFixed(2) + " " + recipientCurrency + "" + "PayPal Fee Amount: " + paypalFeeAmount.toFixed(2) + " " + recipientCurrency + "" + "Total Amount Recipient Will Receive: " + totalAmountReceived.toFixed(2) + " " + recipientCurrency + ""; }