A few weeks ago the Australia dollar dropped at around US$0.58 because of the impact of the COVID19 pandemic. The market was very volatile and I took advantage of this situation and withdrew $1800 USD into my bank account. The exchange rate at the time was 1.655111 so this converted to $2,979.20 AUD – this is a really good exchange rate and I’ve never seen it this good hence the reason why I decided to withdraw that amount. I still left some USD$ in the account in case the USD dropped further. This money was earned from Building Affiliate Stores and earning a commission from each referral.
So if you receive payments in USD into your PayPal account, I would start looking at what the exchange rate is and then withdraw a certain amount.
WHEN DO YOU THINK IT”S THE BEST TIME TO WITHDRAWL USD FROM YOUR PAYPAL ACCOUNT?
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I am an entrepreneur based in Sydney Australia. I was born in Vietnam, grew up in Italy and currently residing in Australia. I started my first business venture Advertise Me from a random idea and have never looked back since. My passion is in the digital space, affiliate marketing, fitness and I launched several digital products. You will find these on the portfolio page.
I’ve decided to change from a Vegetarian to a Vegan diet and started a website called Veggie Meals.
I started this blog so I could leave a digital footprint of my random thoughts, ideas and life in general.
If any of the articles helped you in any way, please donate. Thank you for your help.
Affiliate Compensated: there are some articles with links to products or services that I may receive a commission.
