Dollar vaule is going on decreasing...Unable to withdraw from PayPal..

Last I checked, the conversion rate for my currency was 1.39 USD. This has decreased from the normal 1.41+ and etc. I think it's best to draw, lest the amount decreases even more..

If you hardly needed money, maybe you can withdrawn now.. But, if you don't, just wait until $ value increasing again. By the way you have $300 in your paypal account... Wow, that's great! Where did you get it?? I don't have a single $ yet right now, neither in my paypal and alertpay...lmao anyway, just make rite decision for you! Good luck!

That's the dilemma of using paypal! We can't rejoice the uprising of our own currency hehe. I think the decline will pass sometime in near future. Check if you can hold on till then :) I have merely $10 in my account and hey that's not much so no question of withdrawing it

I agree with Astonysh. The dollar will continue to fall. There is too much instability in global markets. There has been discussion in the UN about a one world currency. Of course, that's quite a ways off in the future, but, at some point the dollar will no longer be the global currency of "choice". If it does happen to gain some strength, it will be short-lived. I'm not an expert or anything. I just happen to spend some time reading up on the subject. I'm an American but I happen to be living in Argentina right now. I think Argentina may well be one of the few remaining countries in the world that actually keeps the dollar up! lol. Good for people with dollars, bad for Argentines. The exchange here has been hovering at about 4 to 1. Meaning 1 US dollar gives you 4 Argentine pesos. There are worthwhile investments you could make so as to, at least, preserve what you've got. Personally, I wouldn't be waiting or relying on an increased value of the dollar. MHO

wow, congratulations on your 300 $ worth account. it would have been better if you have posted your country of residence here. but by the way it's better to with draw now than in the future.

hi mylotter, ya i too noticed that , we cant do anything for that ..After 2010 the dollar rate will start increasing , so that time you can withdraw it.. And more over its depend upom the us economical wealth.. only solution wait and see..

This is not very serious problem with us dollar. In fact last year, it did go down a lot but then again it came back to its strength. So I do not think that you should withdraw your money through paypal right now. I think tha if you can wait for few weeks only, you will get better value for your money as Dollar will have much better value then. US economy is now in much better shape and it has come out of that depression and so surely Dollar will become much stronger in due course of time. So it would be better to wait for few weeks.

The same problem here also. I just went to your profile to see if you are from India. I have around fifty dollars in my Paypal. I have saved the money to buy gifts for my family on Christmas. It seems the ruppee value against dollar is reducing and I am unable to withdraw the money. I have one more month to wait, but at least I need the money by first week of December.

As long as the fools in Washington, D.C. think printing money with nothing to back it up is the right thing to do, our currency will lose its value. China, who has been buying our debt, has decided it will no longer do so, but they are pushing to have THEIR currency take the place of the dollar as the national currency. Take your money out NOW or risk losing it all. Whether you take it out or not, however, it will eventually be worthless at the rate we are going. In a normal year in the past, our government printed a few billion dollars, mostly to replace money already in circulation and very little for new money. We have in the past year printed TRILLIONS of dollars to make everything better. It is not working. Our currency is being downgraded day by day because if we do not have anything to back up the money we print, it is worthless.

I think our currency versus dollar will be increase if the current president is not cover up the real situation in the country. The deficit of the government will likely to manipulate also the situation and says that economy is strong when in fact the truth is not...It is better if your not withdraw yet because there is a time it will increase again due to ended recession in the United State of America..

I have notice that. The US dollar is getting weaker with my currency. If it keeps going then it may not be worth keeping up with online earning sites. But still, for what I am doing, it is almost money for nothing, even though the pay is not high at all. I suppose, if the american dollar becomes weaker, then it would be a good idea for austrailans to travel over to america.

hello hmrk, This last month, the amount that i have withdrawn is actually eighteen dollars and it left me with almost little in the Philippine peso conversion. i would have want it to remain in paypal how ever, the problem is that i need to save it in my bank and i can't just let it stay since my bank balance is so small and little.well, the advantage there is that if you're gonna buy or purchase something, it's going to be a lot lower than before.

Hi hmrk, it depends upon how long u can postpone the usage. U can consider bringing it down to ur country and keeping it in gold. The effect would be same as u holding it and waiting for it to rise again about an year and a half later. But there is some peace of mind when u know u already have controlled any possibility of further reduction in values, isn't it? BTW - disclaimer - I am no expert in forex trade. U r advised to consult better consultants. :)

If you hardly needed money, maybe you can withdrawn now.. But, if you don't, just wait until $ value increasing again. By the way you have $300 in your paypal account... Wow, that's great! Where did you get it?? I don't have a single $ yet right now, neither in my paypal and alertpay...lmao anyway, just make rite decision for you! Good luck!

A lot of people would like to know the answer to the same question, you could make a lot of money speculating on currency if you knew which way the currency would go up or down. Fortunes are made and lost on currency speculation. You also have to consider what the amount of interest you are losing by having it sit in PayPal. PayPal does not pay interest on that outstanding balances you have deposited. The interest rates are very low now so it is not as much a consideration. For example when the interest rates was 5% if you left it in PayPal for six months you would lose two and half percent interest by letting it sit there. The dollars that are sitting there would have to appreciate by 2-1/2% just to break even. The stock markets and currencies seem to go up on a whim, if there is a storm in the Gulf of Mexico oil prices go up, when oil prices go up our Canadian dollar goes up because we produce a lot of oil here in Canada. The best time to withdraw the money would've been a few weeks ago and I suspect the dollar will slide a little bit more before it stabilizes. You can withdraw it now and cut your losses or wait for the next cycle, but remember you are losing interest on that money too, although today's rates there is not much interest to lose. I guess it depends on how desperate you are going to need the money in the near future.

In the long term, the value will drop. The US government has been printing billions on billions of dollars, which undoubtedly will lower the value of the dollar. However, as to when, or how quickly that will happen, is a bit hard to know. It also depends on India's economy will do. India has moved more towards Capitalism and free-market, and thus it's economy is increasing. That will also make the US dollar worth less compared to India currency. Unless you sense the India economy will decline soon, I would likely pull money out now.

Whether you need the money now or later is a matter of little importance. More important is, how you are putting your money to use. Just letting the dollars idling in the Paypal account is a crime, to put it mildly. You are wasting your money, man. Whether the dollar goes up or down is secondary, keep taking the money and invest in at least short term fixed deposits if you do not need the money at present. Keeping the money idle in paypal gives you nothing extra. Use your head, not your heart, my dear

The falling US Dollar is great for me as we import a lot of products from the USA. It now costs us a lot less to order the same things that we did a six months ago, which helps our business greatly! I also have a couple of hundred dollars in Paypal in USD from affiliate earnings, but that is only a small amount compared to the thousands that I save from the US Dollar being low! Personally I hope and believe that it will fall further!

I am American, and I do use the dollar as my currency. However, that said, if I were you I think I would go ahead and withdrawl at least some of the money now because if you wait to withdrawl it until later, it is really like you are gambling with your money to a certain extent. I do see glimmers of hope that the economy here in the states is getting better, but that doesn't mean that the value of the US Dollar is going to recover overnight. It took several months for us to end up in the situation that we are in now and it is going to take us at least that long, if not longer to get back to where we once were.

if you are not in a hurry for money, don't withdraw. Just wait till the value of $ increases. otherwise just withdraw for your minimal requirements.