Not really sure if this is a good place to ask this, but I couldn't find a better one, so anyway...

I want to add funds to my Paypal account, but by the looks of it there's no easy way to do so.  I've read in other places that what normally happens is you attach your credit card to your account and then they charge your card when you make a purchase.  There are a couple of reasons I'd rather not do this - first, I'd like to convert some cash to US dollars now while the exchange rate is good, and second, I usually only make really small purchases (like $10 a month for web hosting) and I don't want to pay a currency conversion fee every time.

Does anybody have any advice?

Or at the very least can anyone tell me what happens when you purchase on your credit card through Paypal - is the currency conversion done by Paypal or your bank and at what rate?

Any help would be appreciated!