What is the exchange rate of Payoneer?

The exchange rate of Payoneer is not fixed and varies depending on the market conditions. Payoneer uses the mid-market rate, which is the midpoint between the buy and sell prices of two currencies in the currency markets. However, it’s important to note that Payoneer also charges a conversion fee of up to 2% above the mid-market rate. This means that the actual rate you get for your money transfer could be lower than the mid-market rate. It’s always a good idea to check the current rate and fees on the Payoneer website or app before making a transfer.