facebookUSD is going up. Any best ways to get good usd exchange rate, than converting SGD to USD on IBKR? - Seedly

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Anonymous

05 Dec 2021

General Investing

USD is going up. Any best ways to get good usd exchange rate, than converting SGD to USD on IBKR?

Best ways to get good usd exchange rate

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I think if ur investing for the long term, interest rate fluctuations won't matter that much if you dollar cost average. However, if you wish to take advantage of cheaper rates or if you are converting huge amounts, can consider converting a larger sum upfront when rates are low if you have excess cash on hand

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