One of the simple money hacks is, try to get the best exchange rate while converting from another currency.
It is very crucial if you are a blogger, freelancer, online business owner, or affiliate marketer who get paid in the different currencies.
The easiest way to get the best rate is to set up exchange rate alerts. This way you will get notified about the highest rates. And you will be receiving your money at the time when the rate is high.
If it seems interesting to you, read on. In this post, I’ll show you 3 ways to get exchange rate alerts to find the best time to withdraw your money.
Let’s check the tools.
Rate Tracker is my favorite tool to get the exchange rate notifications. It’s very easy to use. Just set rate alters and it will send notifications to your inbox based on your criteria.
This tool is powered by Transferwise. If you are not aware of Tranferwise, it’s a money transfer service that gives you the real exchange rate.
Now let’s see how to use Rate Tracker tool to get exchange rate alters.
1. At first, go to the tool page.
2. Then set two currencies for which you want to get the rate notifications.
3. Then select the criteria. You can get rate alerts for the daily exchange rate, or when the rate goes above a specific rate, or when rate reaches a two-week high.
4. Finally, enter your email address and click on “Get rate alerts” button.
That’s it. From now, you will get the notifications based on your preferences.
However, you can set several rate alerts for several currencies and criteria.
XE Currency is the most downloaded foreign exchange app. You can see over 180 currencies conversion rates with live exchange rates from this app.
The great thing about the app is, you can create exchange rate alerts for the pair of currency that you want to watch. And you’ll be notified when the price is triggered.
Just install the app and create alerts from “Rate Alerts.”
It has app for both Android and iPhone.
It’s a similar tool like Rate Tracker. But it only offers a few currency. You can get exchange rate alerts on a daily or weekly basis. You can even select a rate so that you can get notified when it’s reached the rate.
It’s very simple to use. Just go to tool page and select your currencies. Then enter your email address and select the alert type and click on ‘Set up rate alert’ button.
That’s it. Now you’ll be notified exchange rate in your inbox.
So these are the tools that you can use to get exchange rate alerts. If you are not sure which on to use, I’d recommend you to use Rate Tracker.
I’ve been using it for a while. And it helps me to get the best rates.
I hope this tools will help you increase your earnings or savings. BTW, if you know any other tools, please share with us via comment.