Monitor Exchange Rates & Timing Monitoring the rate of exchange and their timing is favourable to maximise your forex gains. Forex apps and tools can be used to track rates in real-time.
Multi-Currency Forex Cards Multi-currency forex cards offer several benefits and a better exchange rate is one of them. Other benefits are security, easy loading, zero markup fee, etc.
Currency Hedging Currency Hedging is another useful tip to maximise forex gains. It refers to setting up regular international transfers through services that allow you to lock in exchange rates.
Avoid High-Cost Transactions Check transaction fees & commissions beforehand, as they vary widely. Consider international student bank accounts for lower fees and better exchange rates to find the best deals when transferring money.