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Exchange Rates for RM
- Thread starter crystal_tiong
- Start date
Don't know much about the market rate for goats and cows, how about chicken?
Thanks for update.
You all talking about the chicken, cow and goat in your own family. So what is the market rate now?
RM is not going to buy any cow, goat or chicken these days...at this rate, it might as well barter for dried chicken shit manure by kg.
RM is not going to buy any cow, goat or chicken these days...at this rate, it might as well barter for dried chicken shit manure by kg.
You talking about the chicken in your own family is a dried chicken?
Try to TT from banks. Nowadays they are comparable to remittance or money exchange outlets. The widely fluctuating exchange rate makes these outlets more conservative in giving better rates.
You just have to set up a free saving account with a bank in JB. It is safer to bring across cash this way and you only draw what you need as ATMs are ubitiquous and it costs only $1 RM if you use other banks' ATMs.
I'm using DBS now and there is no fee until end of this year.
When yr personal wealth dive down 30%, anything goes.
You are speaking for yourself right?
Hmm I cant really feel much price increase in anything... most probably because I am saving about RM 10,000 a month for my business due to currency exchanges so little things like food grocies etc I cant feel the pinch.
I have CIMB Singapore and CIMB Malaysia accounts and do Internet transfer with no fees, the exchange rate not so good though, now only 3.04 whereas can get more at money changers in JB. However it is more convenient as my CIMB atm card can draw cash and use as debit card.
Save RM10000 a month? You are disgusting bro
Wow do I detect a hint of sarcasm?;-) He missed out a zero lah
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What? That means he save RM100,000 a month? That's even more disgusting! LOL!
The spread at DBS is smaller. I believe you can get minimally 3.05 now. It's probably promotion period as its TT service to Malaysia is a relatively new product.
Thanks bro. I have done transfer using DBS and also CIMB Sg to CIMB My; mostly for small amount or for urgent cash, specially CIMB since it's instant. But I still find the MCs give better rates. So, for larger amounts, I'll go to the MC.
I would say that when the rates are changing very fast usually the banks will be much more competitive and give a better rate then the money changers.
But if the external rates are changing at a much slower rate then the opposite is true. Money changers would be much better.
Probably it's because the money changers needs some time to clear their older stock before they can offer the new rates.
But if the external rates are changing at a much slower rate then the opposite is true. Money changers would be much better.
Probably it's because the money changers needs some time to clear their older stock before they can offer the new rates.
With TT and market news, I can get better rates in the comfort of my house. Using remittance or money changer is very tedious for me.
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