Alternatively, you can deposit the money from your PayPal account into your bank account in US dollars, in which case your bank will make the currency conversion. (Venmo accounts are always in US dollars as the service is only available in the US.) First, you can convert funds into US dollars in PayPal directly using your balance, in which case PayPal will make the currency conversion.
This can happen in one of two ways if your PayPal account is in any currency other than US dollars.
However, if you're planning on making a currency conversion at any point along the way, then the costs can stack up very fast. If you're planning on sending money from PayPal to Venmo in the same currency, then the process should be totally free. Sending From PayPal To Venmo: What To Avoid
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