Posted by Mayank on May 29, 2018 in International Payments

Before moving to Australia, I transferred money from my USD account to my AUD account over several months and I did this over several months (actually years). Why did I transfer money over several months and not just a single transaction? Well the answer is simple – I wanted to average out market volatility. As you can see from the AUD vs USD exchange rate graph below that exchange rate has been highly volatile and I would have been kickingRead More...

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