PayPal USD to AUD Exchange Rates & Currency Deals

   

What is the PayPal Send Money conversion rate for USD to AUD?

The PayPal USD to AUD exchange rate is 1.4792. This is -3.7% compared to the latest USD-AUD mid-market rate 1.5366.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Australian dollar (AUD) rates from different sources before making a conversion.

The above PayPal - Dollar to Aussie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by PayPal and other foreign exchange providers against the latest USD-AUD mid-rate and the possible savings of using various providers. 

How do PayPal USD-AUD rates compare between providers?

Looking at the full USD to AUD - Send Money comparison table the provider with the best USD to AUD exchange rate is OFX at 1.5289, -0.5% from the latest mid-market rate 1.5366.

The next best is XE at 1.5274, -0.6% from the mid-rate.

Then Wise at 1.5266, which is -0.65% from the mid-rate.

The Western Union rate is 1.5213 which is -1% from the mid-rate.

Among the banks the Chase Bank rate is 1.427 at -7.1% the Wells Fargo Bank rate is 1.4178 at -7.7% and the Citibank rate is 1.4885 at -3.1% compared to the mid-rate 1.5366.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

 

Compare USD to AUD Transfer Rates