# Currency conversion (/payouts/currency-conversion)

View a list of countries with currency conversion restrictions that may affect your PayPal payouts. Understand exclusions and limitations by region.



This page lists countries with currency conversion exclusions and restrictions that might affect your payout.

## Exclusions [#exclusions]

The following is a list of countries, by region, where payouts currency conversion isn't available.

### Asia [#asia]

You won't be able to convert payouts into the following countries' currencies.

* China
* India
* South Korea
* Taiwan
* Thailand
* Turkey

### Caribbean and Latin America [#caribbean-and-latin-america]

You can send `USD` to the following countries. The recipient can withdraw their balance in local currency from their bank.

#### Caribbean [#caribbean]

* Anguilla
* Antigua and Barbuda
* Aruba
* Bahamas
* Barbados
* Bermuda
* British Virgin Islands
* Cayman Islands
* Falkland Islands
* Grenada
* Jamaica
* Montserrat
* Netherlands Antilles
* Saint Vincent and the Grenadines
* Suriname

#### Latin America [#latin-america]

* Argentina
* Bolivia
* Chile
* Colombia
* Costa Rica
* Dominican Republic
* Ecuador
* El Salvador
* Guatemala
* Guyana
* Honduras
* Nicaragua
* Panama
* Paraguay
* Peru
* Uruguay
* Venezuela

## Restrictions [#restrictions]

The following table lists the countries with currency restrictions that affect payouts.

| Country  | Currency code | Restrictions                                                                                                                                                                                                                                                                                                                                              |
| -------- | ------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Brazil   | `BRL`         | Brazilian users: This currency is supported as a payment and balance for                 in-country PayPal accounts only. <br /><br />If the recipient is not from Brazil,                 then PayPal converts funds into the primary currency of the recipient's                 account. The currency conversion rate includes PayPal's spread or fee. |
| Malaysia | `MYR`         | Malaysian users can:                 Send payments in `MYR` to other Malaysian users.Send payments in currencies other than `MYR` to all users.                 Malaysian users can't:                 Send payments that require exchange to or from `MYR`.Send `MYR` balances to non-Malaysian users.                                                   |

## Automatic [#automatic]

PayPal can automatically exchange payments to and from any of the following currencies:

| Currency             | Currency code | Notes                                                |
| -------------------- | ------------- | ---------------------------------------------------- |
| Australian dollar    | `AUD`         |                                                      |
| Canadian dollar      | `CAD`         |                                                      |
| Euro                 | `EUR`         |                                                      |
| Mexican peso         | `MXN`         |                                                      |
| Pound sterling       | `GBP`         |                                                      |
| United States dollar | `USD`         |                                                      |
| Swiss franc          | `CHF`         |                                                      |
| Swedish krona        | `SEK`         |                                                      |
| Polish złoty         | `PLN`         |                                                      |
| Norwegian krone      | `NOK`         |                                                      |
| Hungarian forint     | `HUF`         | Zero-digit currency — no decimal places or fractions |
| Danish krone         | `DKK`         |                                                      |
| Czech koruna         | `CZK`         |                                                      |
| Israeli Shekel       | `ILS`         |                                                      |
| Hong Kong dollar     | `HKD`         |                                                      |
| New Zealand dollar   | `NZD`         |                                                      |
| Indonesian rupiah    | `IDR`         |                                                      |
| Philippine peso      | `PHP`         |                                                      |
| Japanese yen         | `JPY`         | Zero-digit currency — no decimal places or fractions |
| Singapore dollar     | `SGD`         |                                                      |
| Taiwan New Dollar    | `TWD`         | Zero-digit currency — no decimal places or fractions |