Forex Trading at the Stars Cashier?
Another final table tonight, though a single $1 bounty and $5.36 for a 7th place finish is a rather modest addition to the bankroll. Speaking of which, I have had another look at my stated poker bankroll goals for this year - here's what I wrote about them in early January:
Originally posted by Harrier88
Currently, I have €3,807.32 on Stars. I'd say that if we hit 5K, that definitely would be a moment to stop saving up. Reaching that milestone would require me to make almost €1.2K in profit - is that realistic in 2025? Technically, I'd say it is... but it would require a very good year. Let's just say that reaching 4K means the year was not a failure, 4.5K means it was okay, and 5K is our big goal.
I keep good track of my results, and I should now be at $244.01 in MTT profits for the year, slightly offset by $64.48 in realized satellite losses, but still in profit overall. And yet, this is what my cashier shows right now:

The amount is lower than what I had at the beginning of the year, despite being in profit so far. It made me a little confused, and even a bit concerned when I first noticed. Have there been any transactions that I should know about?

It doesn't appear to be the case. So where did the money go?
I may have an answer. Remember that my account was originally in USD, but then got changed to EUR after the forced migration to the DE client two years ago. Rather than converting the whole bankroll right there, any new tournament buy-ins were supposed to still be paid in USD with the existing bankroll, while tournament winnings would be paid out in EUR, making the conversion a gradual process over time. Here's what the grand total currently looks like:

Clearly, there have been fluctuations in the relative value of these currencies. They can be easily looked up, for example here on Xe.com, which provided the source for the graph below (for once, I didn't create it myself):

Looks like the EUR has gained quite a bit of value in relation to the USD since the beginning of the year (1 EUR = 1.03534 USD on January 1st, according to the chart). And since my bankroll is displayed in EUR, the discrepancy can be easily explained by my roughly 1K USD not doing so well anymore. Having to fight not only the volatility of the deal, but also the volatility of the economy could make my bankroll goals quite challenging to reach.
Well, it seems like there is a conversion option in the cashier. Not sure if it would come with any extra fees.


At least the exchange rate seems to roughly correspond to the one found in my online source, assuming that the displayed value is simply rounded to the 2nd decimal place for the sake of better visibility. Would it be a good idea to convert the whole shebang to EUR right now? My financial literacy likely leaves a lot to be desired, but the graph above looks to me like the increase in relative value has slowed down by now, and may eventually reverse. So could now be a good point to get a decent value out of my USD?
I'm mostly just wondering these things out loud, I'm not really looking for "investment advice" over here. Especially without knowing about any potential fees, I guess I will just keep going as usual, and gradually convert my bankroll to EUR by slowly converting buy-ins to winnings. I should definitely keep all of this in mind while evaluating any current bankroll goals, however.