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How to convert USD to PHP Paypal funds?

Due to several changes in the Paypal policies, we also have to update our process in receiving Paypal funds.

For you as our clients, you will now need to convert your USD or other currency Paypal funds to PHP before sending us the funds.

This guide will teach you how to convert USD to PHP Paypal funds.

We need to get to the currency converter/manager to be able to convert your Paypal funds to another currency.

1.) While in you Paypal home page, you can click on Profile.

How to convert USD to PHP Paypal funds Profile

2.) Then click on My money

How to convert USD to PHP Paypal funds my money

3. ) Then click on Currencies

How to convert USD to PHP Paypal funds currencies

4.) You should be on the currency manager now and this is how it should look like. In the left side you should see your balance in currencies that you have. You can add and set your primary currency here. On the right side you should see the currency converter which we will be using.

How to convert USD to PHP Paypal funds currency converter

 

5.) In the currency converter make sure you selected Balance conversion. Then select From U.S Dollars (or AUD, EURO, etc…) to Philippines Peso Balance. Then enter the amount you want to convert and press calculate. It should then show you the conversion rate and the equivalent of the amount you just entered. You can commit the conversion by clicking continue and submit in the next page.

How to convert USD to PHP Paypal funds currency converter

This is how to convert USD to PHP Paypal funds, or any other currency. If you can see currency converter in your Paypal home page, then you can click  that to get to the currency converter page directly. But this shortcut in  not available in all Paypal accounts.

How to convert USD to PHP Paypal funds currency converter shortcut

 

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Bien

Founder at Peso Exchanger
Eldest brother of 6 brothers, father of 2 daughters, husband to 1 loving wife, programmer, gamer, entrepreneur, freelancing advocate, financial planner, practical spender except on food, anime lover, and your internet savvy friend. I want to help build/convert more freelancers, independent workers, entrepreneurs in our country(Philippines).

2 Responses so far.

  1. Monette says:

    Thank you.. This is very helpful. I was able to convert my $ balance to Php and then withdraw it and transfer to my debit account… God bless you!

  2. cheska says:

    hello Good Day! I am new in Paypal and while reading this I am a bit confused. Should I convert usd to php first before withdrawing?

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    Exchange Rate(PHP)
    How to use:
    If you request an exchange from a different currency (USD, AUD, ... ), please put the exchange rate (to PHP) in the "Exchange Rate" Field otherwise leave it as it is.
    For withdrawal service, put the amount you are going to send in to the "Send" Field, and press "Calculate Receivable Amount".
    For funding service, put the amount you want to receive in the "Receive Field", and press "Calculate Send".
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