For the last few months, we have seen $ > INR rates plumetting around $39.10-39.20 (mid market rates). Currently, the mid market rates according to xe.com is around 39.80 PayPal updates the exchange rate daily and 2.5% currency conversion charges are applicable as usual. I think it's good time to withdraw from PayPal. Here's the live conversion rates link for those who need : http://www.xe.com/ucc/convert.cgi?template=crm1&Amount=1.00&From=USD&To=INR Hope the info is useful