exchange rate USD - EUR

MassimoGenco
MassimoGenco Member Posts: 1 ✭
in Ask The Community
Good evening, I wanted to know how the exchange rate is calculated, since the minimum exchange rate of the last month between USD and EUR is 0.8291, but your exchange rate is below this amount.

sure of your prompt and comprehensive answer, I give you my most cordial greetings.

Answers

  • Adam_Payoneer
    Adam_Payoneer Administrator Posts: 1,021 ✭✭✭✭✭✭✭
    edited June 2020

    HI there,

    The rates are calculated based on the market rate at the time of the transfer, which is considered the best bang for your buck from a consumer stand point. You can check out the rates with trusted sites to get an accurate rate mention on the Payoneer blog.

    The rates you see in the withdraw tab appear to be lower only because the fee for the withdrawal is calculated in it. This fee can be up to 2% of the amount you are withdrawing.

    I hope this answer brings some clarity to your inquiry.

    Happy and willing to answer general questions.

    For any inquiries directly associated to your Payoneer account, please contact Payoneer's Customer Care Support Center.

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