How long will the exchange rate stay like this?
Every time I need dollars, it just keeps going up. How is everyone handling currency exchange?
7 answers
Fr, I just sigh every time I see it lol
Using something like Travel Wallet or Hana Travelog gets you a better exchange rate, and it's better than exchanging money at a bank counter. If you're not in a rush, look into those options.
Got a source? All that rising/falling talk is just rumors from YouTube.
I exchange currency in small amounts whenever I need to. If I do it all at once and can’t time it right, it messes with my head... So splitting it roughly 3:3:4 at least puts my mind a bit more at ease.
I don't really have much use for dollars unless I'm traveling or studying abroad, and even then, if I pay by card, it's charged at the exchange rate on the payment date, so I wonder whether there's any point in worrying about when to exchange. I only carry a little cash for genuine emergencies.
Well, that's a bit... No one knows 'how long this will go on,' and everyone's just talking based on gut feeling, aren't they? If it's an evidence-based prediction, at least bring a link.
Everyone who tries to predict exchange rates has been wrong, right? Last year they said it would go down the next year, and look where we are now. I feel like the answer is just to exchange money when you need it. After waiting for the right timing and watching it rise even more several times, I've given up.