Many of you, like me, will live in a country other than the US. Given that USD is used for nearly everything it greatly effects my income when the transferred from paypal into my bank account. At times the AUD and USD have been $1 for $1, other times I've got $1.50 for $1 USD (which is a big deal when converting thousands of dollars a month) Do you take advantage of good exchange rates or simply transfer it when need be? How do you know when it will get better or get worse? I've looked around, I can't seem to find any places where articles a written about where the exchange rate is going (I'd assume there would be some, the same how people write about where they think a certain share is going0
I only transfer my fund to my bank when the exchange rate is in my favor You can check the future predicted value of currency at forex-tsd