exchange rate calculation

shaarif
Member Posts: 1 ✭
Hello.
I have a little confusion related to the Payoneer conversion rate. I am transferring my USD balance from Payoneer to my local bank in Pakistan.
now on http://www.xe.com/, the exchange rate is USD 1$= PKR 165.8 Rs. but on Payoneer in the withdrawal tab. It is showing that the Exchange rate: 1.00 USD = 162.5624 PKR.
I am also aware that Payoneer charges 2% for the conversion, but can't figure out how it is charging.
could anybody show me the math why it is 162.5624 instead of 165.8 PKR?
I have a little confusion related to the Payoneer conversion rate. I am transferring my USD balance from Payoneer to my local bank in Pakistan.
now on http://www.xe.com/, the exchange rate is USD 1$= PKR 165.8 Rs. but on Payoneer in the withdrawal tab. It is showing that the Exchange rate: 1.00 USD = 162.5624 PKR.
I am also aware that Payoneer charges 2% for the conversion, but can't figure out how it is charging.
could anybody show me the math why it is 162.5624 instead of 165.8 PKR?
0
Answers
-
@shaarif Hello,
If you do have further questions regarding the fees being charged for any transfers, we recommend you getting in contact with our support center directly via the link below:
https://payoneer.custhelp.com/
Thank you.
0
This discussion has been closed.

Categories
- 21.8K All Categories
- 2.6K Getting Started
- 18 Read Before Posting
- 2.5K Meet and Greet
- 16.2K Official Support Community
- 13 News and Announcements
- 2K Popular Questions and Tips
- 13.9K Ask The Community
- 129 Payoneer Mobile App
- 985 Industry Discussions
- 732 Freelancers
- 115 Affiliates
- 137 eCommerce and Online Selling
- 2.4K Local Communities
- 888 Payoneer in Bangladesh
- 372 Payoneer in India
- 1.1K Payoneer in Pakistan
- 12 Payoneer Mobilizers- Events and Meetups