Aug 9, 2021 03:25:58 AM by Mawra W
Okay so Google shows the currency (USD to PKR) exchange rate as 1 usd=164 pkr, while Upwork shows it as 1 usd=157 pkr. Just wanted to know which one is correct. Thanks in advance!
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Aug 9, 2021 03:26:49 AM by Goran V
Hi Mawra,
Difference in exchange rates is not something Upwork can control. When a bank converts a transaction, they will mark up the interbank rate to buy or sell a currency. Online calculators will not take into consideration the mark up that is applied. Since rates constantly change throughout any given day, the rate you received is the rate offered by our bank at the time your specific transaction was processed. Thank you.
Aug 9, 2021 03:26:49 AM by Goran V
Hi Mawra,
Difference in exchange rates is not something Upwork can control. When a bank converts a transaction, they will mark up the interbank rate to buy or sell a currency. Online calculators will not take into consideration the mark up that is applied. Since rates constantly change throughout any given day, the rate you received is the rate offered by our bank at the time your specific transaction was processed. Thank you.
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