If the Yield is given monthly, how is the Yield received calculated?

Yield is calculated based on the average daily balance for 1 month, where the balance calculated is the balance at 10:00 WIB. This average balance will be multiplied by the monthly Yield calculated based on APY (0.63% for regular Pluang users, and 3.38% for Pluang Plus users) based on 360 days.

Since the USD balance is calculated up to 2 decimals ($0.01), you will only get a yield starting from $0.01 and the yield you get will be rounded down to the nearest two decimals/cents.

Yield distribution will be given on the 5th of each month, and will be received in the following month. For example:

Calculation formula:
(30/360) x 0,63% = 0,0525%

$ 1.000,00 x 0,0525% = $0,53

The yield that will be obtained on the 5th of the following month is worth $ 0,53
 

Calculation formula:

(30/360) x 3,38% = 0,2817%

$ 10.000,00 x 0,2817% = $28,17

The yield that will be obtained on the 5th of the following month is worth $30,25
 

Note: The Yield calculation is an estimate and may change assuming that you do not make any deposits, transactions, or withdrawals throughout the year.

To see the Yield you get, you can see it on the USD Balance transaction history page as in the example below:

 

 

In February, the yield given will be part of the USD cash balance and will be calculated in the average balance that can get yield the next day. If for 360 days, user B does not make any purchases or sales of USD or transactions with USD, then in the following year B will have a balance of $10.363

The above calculation is an estimate and does not guarantee the Yield that will be received. The APY amount can change with or without prior notice.