Disclosed are methods and devices for converting mobile notifications to content using a local content exchange. In one embodiment, the method comprises receiving a request for content from a mobile application; querying a data store of available content, the data store of available content populated with one or more notifications received by other mobile applications installed on the mobile device; identifying a responsive notification for the request for content based on the querying, the content item identified based on bid parameters associated with the one or more notifications; and transmitting the responsive notification to the mobile application.