Exchange Rates different from Current $ to PKR Rate

I tried to send money to my bank account in Pakistan. And as we know dollar price to PKR has hit to 140+ yesterday. But Payoneer is still showing 136 as exchange rate. Any thoughts on this

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  • EdwinPayoneerEdwinPayoneer Posts: 356Confirm Email, Member, Administrator ✭✭✭✭✭✭✭

    Hi @adilmalik393 . Which rates were you viewing when you saw them over 140? It is important to remember that we use the current most mid market rate for transfers when currency is being converted.

    There is also the 2% fee for conversion which factors into the final amount you see.

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