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Inconsistent conversation rate USD to PKR

tahir500 Member Posts: 1
Recently I use mobile app to withdraw money. I was converting from usd to pkr. The conversation rate I got in mobile app is 111rs but when I check it in web application, it was 113 pkr.
Why is there difference in both web and mobile app??

Secondly the actual rate is 115rs. You can check that on xe site.
Why is payoneer not updating their conversion rate accordingly??


  • [Deleted User]
    [Deleted User] Posts: 1,147
    edited June 2020

    The currency conversion rate we use is the one used by Mastercard. In general, you can use the MasterCard Currency Conversion tool for an estimate and if you cannot find your currency you can use . Keep in mind that the rate changes every hour according to the market rate.