Yes @seizethecuttlefish the exchange rate is brutal. Out of a lovely $890 payment, I have got just £637.
I recently opened a Transferwise account, hoping to just keep some of the Ap payments in USD, transfer to Transferwise in USD and then transfer to my bank account from there, in bigger chunks (and with a better exchange rate). But Payoneer don't recognise Transferwise as a proper bank, so I can't do that. And Transferwise won't accept payments in from PayPal, so that route is closed too. 
Stupidly, I didn't pay for some Am** USD items from a USD balance I have sitting in PayPal, so that was my fault.
So those Am** purchases will end up being dragged through at least 2 lousy exchanges.