For a while I've had a couple of hundred US bucks sitting in my paypal account. I've been watching the conversion rate from US$ to AU$ - it dropped for a while there, but its coming back now, so I've been waiting for the right time to convert.
Today I checked the XE currency conversion rate and went into paypal to convert my moula - but there's a bit of a difference between the CURRENT conversion rate & paypals conversion rate!
XE shows US$ 1 = AU$ 1.49085
Paypal shows US$ 1 = AU$ 1.46
Now I know this isnt a huge amount of money, but consider if I have $1000 in US$ it suddenly looks like this...
XE shows US$ 1000 = AU$ 1490.85
Paypal shows US$ 1000 = AU$ 1461.62
And paypal is suddenly up $30 odd bucks on my money - on top of the fees they charge.
I know, I know - don't sweat the small stuff - and if you guys have seen my posts, you know I don't bitch about anything - but this one just got my goat!