What is the current Payoneer dollar rate?
The Payoneer dollar rate is not a fixed value and can fluctuate based on the current foreign exchange market. Payoneer uses the mid-market rate, which is the midpoint between the buy and sell prices of two currencies on the global market. However, it’s important to note that Payoneer also charges a conversion fee, which can be up to 2% above the mid-market rate. Therefore, the effective rate you receive for your dollars can be lower than the mid-market rate. It’s always a good idea to check the current rates and fees directly on the Payoneer platform before making any transactions.