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?
