What is the exchange rate for Payoneer?

Payoneer’s exchange rate is determined by the mid-market rate, which is the midpoint between the buy and sell prices of two currencies in the currency markets. However, Payoneer also charges a conversion fee of up to 2% above the mid-market rate. This means that if you’re converting money from one currency to another, you’ll receive slightly less than the mid-market rate. It’s important to note that exchange rates fluctuate constantly due to changes in the currency markets, so the rate you get may differ from the rate you see at the time of your transaction.