Which rate does Gifto use to convert money from X to Y currency?

To make it competitive and accurate, all our pricing is based or pegged to the original currency of the merchant/brand. For e.g US brand will be pegged to US Dollar (USD), Japanese to Yen and so on.
When converting values for any gift card vouchers for global use, we use exchange rates from CurrencyAPI.

When Sending top up transactions, some mobile operators may have their own exchange rates to convert in their local currencies. It varies with every mobile operator/country.