Tsk. Tsk. Paypal and conversion rates

Qacer

Platinum Member
Apr 5, 2001
2,721
1
91
I tried ordering an item from a Canadian store via Paypal. According to Paypal, this is their conversion rate of USD to CAD as of October 26, 2007: PayPal Conversion Rate. But then I checked Yahoo and displayed the currency rates for the past 5 days and this is what I got. According to it, the rates never went down to PayPal's rate levels. What gives PayPal?

 

Ns1

No Lifer
Jun 17, 2001
55,420
1,600
126
10/20/2007 0.97080
10/21/2007 0.96730
10/22/2007 0.96730
10/23/2007 0.97320

10/24/2007 0.97250
10/25/2007 0.96850
10/26/2007 0.96760
Average (7 days): 0.96960
High: 0.98230
Low: 0.96130

I agree with you, they're trying to hose you.
 

Viper GTS

Lifer
Oct 13, 1999
38,107
433
136
Obviously you've never done much money changing. You're always paying fees for the privilege.

Viper GTS