An exchange rate lets you calculate how much currency you can buy for a certain amount of money or how much money you must spend for a certain amount of the currency.

Learn how to calculate an exchange rate and to use an exchange rate to determine the amount of foreign currency you should receive.

And unlike some other calculators, PayPal's stays up-to-date with the exact conversion rates, which can change daily. Here's how to find and use PayPal's currency calculator.