Recently our Malaysian Ringgit (MYR) currency has dropped dramatically when compared to United States (USD) currency. The XE currency converter website shown that $1 USD = RM3.86691 MYR as below.
During the afternoon, I have some chat with ex-colleague and she told me that she is currently handling Facebook page for some e-commerce website products. I guess it is true that every online marketer learn through trial and error as there is no exact "standard operating procedure" (SOP) on how to get sales and others stuff. Anyways, I would like to share the way on "How To Change Facebook Advertising USD Currency To Malaysian Ringgit" currency based on my experience as below. (The reason to change to MYR is due to our current currency conversion rate is expensive than USD if you use US dollar to advertise in Facebook)
Firstly, click https://www.facebook.com/ads/manager/account
Then select Account Settings tab as below.
In the Account Settings tab, select "Change Currency / Timezone" as below.
Then select the new currency and click "Create New Account" as below. (Please take note that you can backup your old advertising account first before proceed this)
After you had successfully create your new account, you can see there are two Facebook advertising account as below.
When you login back your old Facebook advertising account, it will show that it will deactivated soon as below. (Please make sure you don't have any outstanding balances)
However, you still can change back by updating the payment option or change back the currency and timezone in your new account as below.
Besides, you can also add Ad Account Roles in your Facebook Advertising admin as below.
That's all the guide on how to change Facebook's Ad USD currency to MYR currency. On the other hand, I just feel that there is not much changes when you change to USD or MYR when I see the estimated people reached figure. (Please note that every page is different for the estimated reach and below is just references.
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Est. People Reached
a) RM3 = 2,200 - 5,700 people
RM4 = 2,500 - 6,600 people
$1 USD = 2,500 - 6,600 people
b) RM3 = 1,200 - 3,300 people
RM4 = 1,600 - 4,300 people
$1 USD = 1,600 - 4200 people
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When I use RM30 budget or $7.80 USD, the result seems to be not much difference as below.
However, you can't spend RM1 in Malaysian currency because the minimum budget for boost post is RM3 per day as below.
The maximum spending for boost a post is RM3,190,000 and I don't think people will spend such money on a single post. One more thing to take note is about the Grid Tool as the explanation is shown below.
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You can test to upload it at the link >>> https://www.facebook.com/ads/tools/text_overlay before place order for your advertisement. This blog post is just sharing on what I discover on Facebook Advertising on the year 2015 because it is different from my past experience.
>.<
During the afternoon, I have some chat with ex-colleague and she told me that she is currently handling Facebook page for some e-commerce website products. I guess it is true that every online marketer learn through trial and error as there is no exact "standard operating procedure" (SOP) on how to get sales and others stuff. Anyways, I would like to share the way on "How To Change Facebook Advertising USD Currency To Malaysian Ringgit" currency based on my experience as below. (The reason to change to MYR is due to our current currency conversion rate is expensive than USD if you use US dollar to advertise in Facebook)
Firstly, click https://www.facebook.com/ads/manager/account
Then select Account Settings tab as below.
In the Account Settings tab, select "Change Currency / Timezone" as below.
Then select the new currency and click "Create New Account" as below. (Please take note that you can backup your old advertising account first before proceed this)
After you had successfully create your new account, you can see there are two Facebook advertising account as below.
When you login back your old Facebook advertising account, it will show that it will deactivated soon as below. (Please make sure you don't have any outstanding balances)
However, you still can change back by updating the payment option or change back the currency and timezone in your new account as below.
Besides, you can also add Ad Account Roles in your Facebook Advertising admin as below.
That's all the guide on how to change Facebook's Ad USD currency to MYR currency. On the other hand, I just feel that there is not much changes when you change to USD or MYR when I see the estimated people reached figure. (Please note that every page is different for the estimated reach and below is just references.
________________________________________
Est. People Reached
a) RM3 = 2,200 - 5,700 people
RM4 = 2,500 - 6,600 people
$1 USD = 2,500 - 6,600 people
b) RM3 = 1,200 - 3,300 people
RM4 = 1,600 - 4,300 people
$1 USD = 1,600 - 4200 people
________________________________________
When I use RM30 budget or $7.80 USD, the result seems to be not much difference as below.
However, you can't spend RM1 in Malaysian currency because the minimum budget for boost post is RM3 per day as below.
The maximum spending for boost a post is RM3,190,000 and I don't think people will spend such money on a single post. One more thing to take note is about the Grid Tool as the explanation is shown below.
_____________________________________
Ads that have more than 20% of text in their image won't be approved to run on Facebook or Instagram. Too much text can look like spam and make people think that your ad is low quality. Make sure to use the headline and body of your ad to tell people more about why you're advertising and what you want them to do. Learn more about Facebook's Advertising Guidelines.
Upload an image below to see how much text you're using. After you upload an image, we recommend marking five boxes on the grid in order to determine whether your creative is likely to be acceptable to show on Facebook or Instagram.
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I did faced an issue where it show's "Your ad wasn't approved because it uses too much text in its image or video thumbnail, which doesn't follow Facebook's Advertising Policies. Ad images or video thumbnails aren't allowed to include more than 20% text. You'll still be charged for any impressions or clicks your ad received before it was disapproved. You may upload your ad image to see why it is considered 20% text, or visit the Help Center to learn more."
I did faced an issue where it show's "Your ad wasn't approved because it uses too much text in its image or video thumbnail, which doesn't follow Facebook's Advertising Policies. Ad images or video thumbnails aren't allowed to include more than 20% text. You'll still be charged for any impressions or clicks your ad received before it was disapproved. You may upload your ad image to see why it is considered 20% text, or visit the Help Center to learn more."
You can test to upload it at the link >>> https://www.facebook.com/ads/tools/text_overlay before place order for your advertisement. This blog post is just sharing on what I discover on Facebook Advertising on the year 2015 because it is different from my past experience.
>.<