So, on the same day, I made a screenshot of the withdrawal amount in US$ and of the amount I’d have gotten if I had withdrawn in € and then went to PP to check what they’d have forwarded to my account for the same US$ amount and did the math.
Fiverr: USD 1,18 = €1
Paypal: USD 1,15 = €1*
first Google hit for €>US$: USD 1,12 = 1€ (this is from today, though, a few days after the fact, as I didn’t find the time then, but it’s probably been similar)
This means, for an amount of US$500, you’d get
€ 423,73 from Fiverr
€ 434,78 from Paypal
€ 445,91 hypothetical Googled course, depending on your bank
For the US$500 from our example, I’d get € 11,05 more from PayPal than from Fiverr, so, sadly, the new feature seems … well, pretty useless. At least if you withdraw to PayPal, don’t know about Payoneer.
*I don’t know if PP’s exchange rate is the same for all € countries but I assume it won’t be too different
The loss through exchange, by the way, at least in my country, is even more annoying, as for your tax declaration, for earnings in a foreign currency, you need to apply a rate published monthly by the ministry of finance, which is more like the Googled rate, i.e., you have to claim you earned more than you actually got …