I pay $38 Usa for a item and it says $50.00 for conservation or some thing what does it mean.

[faisalkhan12]

hI, every one I pay $38. USA for an item on e-bay and it says $50 CDA for consersion what does it mean,

Thank you for your time.

Please any one explain.

Thank you for all.

From:

Faisal Khan.

[mcrlmn]

38.00 USD = 47.69 CAD

1 USD = 1.2550 CAD

It says 'conversion', as in 38.00 U.S. dollars (USD) converted to Canadian dollars (CAD).

Surely you've heard of currency exchange rate?

[rose-dee]

You aren't paying anything extra.  That $50 Cdn is the equivalent in Canadian dollars of the $38 US price shown in the listing.  

As the poster above pointed out, at the present time the Canadian dollar is worth under $0.80 US.  Put another way, for every $0.80 US you buy right now, you'll be paying about $1.00 in Canadian currency.  

My advice, if you don't like the disadvantageous US/Canadian currency difference, search on eBay for a Canadian seller offering the item(s) you want. 

[femmefan1946]

pierrelebel gave another poster this lesson in currency exchange.

For those who do not fully understand how converting currency with PayPal works, please allow me to give you an example using the conversion rates available at PayPal this morning (February 6th)

Starting with Cdn$ 100.00

we will convert to US$ and PayPal will give us US$ 78.18

Now we take the same value (US$ 78.18) and convert it back into Cdn$

PayPal will give us Cdn$ 94.88

Basically, for every Cdn$ 100.00 converted, the total fee collected by PayPal is $5.12 or 5.12%

You can do the same conversion starting with US$100.00 and get the same results: PayPal collects 5.12% conversion fee.

This fee is basically paid more or less equally by buyer and seller (2.56% each).

It can be avoided by Canadian buyers and sellers by making the transaction in Cdn$.