Malaysian Ringgit rate update

[IncredibleHulk]

Chinatown Rates:-

Lunch Time :- S$100 -> RM243.40

Hulk:)

[FatMan]

Jurong Point 03/05/12 6.15pm $100 = RM$243.00

[asdfghjkl]

can i say Krangi MRT's rate is better than JB Custom (the two money changers before reaching City Square)?

changing this weekend.

[Kalv]

can i say Krangi MRT's rate is better than JB Custom ....?

Yes, all money changers at JB Custom/Sentral/City Square: SGD100 = RM240 - RM240.2

Best rate is at Arcade, Raffles Place. :) Cheers.

[asdfghjkl]

aiya.. auntie only wants to change $200.. dun need travel to arcade la.. hehe :p

[FujiSan]

Hi

Sing looks slidiing down again


Arcade 2.435

Peoples park 2.43

[asdfghjkl]

12:30AM 5/5/12

JB Sentral 240.2

Kranji 240.5

[AtlasShrugged]

aiya.. auntie only wants to change $200.. dun need travel to arcade la.. hehe :p

If you near north, can try Sembawang shopping centre B1

[AtlasShrugged]

Northpoint RM 243.00
Sembawang Shopping Centre RM243.70

[Goatslooter]

Today 1pm, JB Central Money Changer S$100=RM244.50, i changed S$500:)

[AtlasShrugged]

Today 1pm, JB Central Money Changer S$100=RM244.50, i changed S$500:)

So high rate?? That's good..

[Goatslooter]

So high rate?? That's good..

yesterday night i saw TV news was 2.45, the rate sh b around this! other money changers window shown 2.41, but this particular MC always Rm3 higher! but today even better extra 50 cents. :)

[joncheong]

Any good place in sg where ringgit can be changed back to SGD at good rates?

[fatty_leo]

The day before iirc junction 8 MC 2.43 ;)

[IncredibleHulk]

Money Changer in Peoples Park Complex, chinatown.

S$100 -> RM244.50 (Lunch Time)

Hulk:)

[Kalv]

Today, Lunch time at Arcade, Raffles Place: SGD100 = RM244.8. (Sheen International Exchange #02-04: RM 244.858 :p extra 5.8 cents!! )

Funan Centre: SGD100 = RM244. Cheers:D.

[diputs1269]

Tampines afternoon 244.3:)

[AtlasShrugged]

Sembawang Shopping Centre 244

[FujiSan]

yesterday night i saw TV news was 2.45, the rate sh b around this! other money changers window shown 2.41, but this particular MC always Rm3 higher! but today even better extra 50 cents. :)

yeah agree with you.i have changed with this particular MC previously after your post.Its generally better than other MCs

[dargonfly75]

Today 14 May 3.30pm Arcarde 2nd floor 2.447

5pm JB custom 2.412.

[JeffKL]

Today noon at Arcade sgd1 = RM2.452

[asdfghjkl]

JB Custom Spreading At 1 : 2.412

[Kalv]

.. Arcade sgd1 = RM2.452

JB Custom.. 1 : 2.412

Thanks for info. 1: 2.45 barrier broken - may go higher - if you believe technical. Already Upz U sometime back. :) Cheers.

[diputs1269]

Thanks for info. 1: 2.45[/dpiB] barrier [B]broken - may go higher - if you believe technical. Already Upz U sometime back. :) Cheers.

Cheers good news, hope can sustain and go higher :)

[Kalv]

Today, Lunch time at Arcade, Raffles Place: SGD100 = RM245.

Funan Centre: SGD100 = RM244.3. :) Cheers.

[FujiSan]

Hi


Arcade @ Noon 244.7

[scorelan]

Most places around Singapore is $244, inside jb city square $241...

[Goatslooter]

Central money changer at JB >> Rm244.5 Sat at 11.30:)

[AtlasShrugged]

Most places around Singapore is $244, inside jb city square $241...

Some $$ changer will display 241 but give higher...

[Goatslooter]

Some $$ changer will display 241 but give higher...

yes this is the biz strategy in JB! they normally give few bucks more than what they show at the counter window. betw Rm2~3. Pls dont judge the book by its cover. :)

[scorelan]

Okie, I see... Now I understand, thanks for the info... Cheers. 😊

[asdfghjkl]

reverse psychology.. make you feel you got discount and go back the next time.. ;)

[Goatslooter]

Okie, I see... Now I understand, thanks for the info... Cheers. 😊

so next time passes by if u see 241, just add 2~3 thats will be the actual amount you will get ! pls ask them first don't blindly follow the figure at the counter ! :D:D

[laifaiyee]

pls advise where is raffles arcade located. cannot find it.

[asdfghjkl]

the arcade is at raffles place. ;)

[rugalsc]

Great news! Can chiong more boleh massage :)

[AtlasShrugged]

JB After SHELL RM 244.70

[JeffKL]

Yesterday evening at arcade S$1=RM 244.9

[FujiSan]

Lunch time Arcade 2.45

[Madigras]

Can any bro enlighten me? I will be bringing sgd50k to genting gambling. Do I need to declare when entering Malaysia custom. I know spore custom no limit on the amt so long as declare. Then how abt Malaysian side?

[FujiSan]

Hi

warning board are placed before immigration

entry to malaysia 30 k sing/pax

[FujiSan]

Hi

sorry that is for exit from singapore

for entry to malaysia pls see link


http://lunaticg.blogspot.com/2010/02/how-much-money-can-i-bring-into.html

[Madigras]

Hi

sorry that is for exit from singapore

for entry to malaysia pls see link


http://lunaticg.blogspot.com/2010/02/how-much-money-can-i-bring-into.html

Okie. Thanks Bro for the link... Now I finally understand.

[ChinJialat]

U think RM can reach level of 2.5 ?

[Kalv]

Today, Lunch time at Arcade, Raffles Place: SGD100 = RM245.

Funan Centre: SGD100 = RM244.4. :) Cheers.

[bolehk]

26-May
Bedok Central
2.446 for > S$300

[AtlasShrugged]

Sembawang Shopping RM244.50

[FujiSan]

Hi

Arcade lunch time 245.2

[6600]

Woodlands Center - next to Woodlands check point
1st shop next to POSB ATM machine -

245 :-)

[Goatslooter]

Jb- central money changer Rm245.5 at 12.30pm, so far this is my best i can get recently, changed S$500.:p

[AtlasShrugged]

Jb- central money changer Rm245.5 at 12.30pm, so far this is my best i can get recently, changed S$500.:p

Very Good Rate:D

[Kalv]

Today, Lunch time at Arcade, Raffles Place: SGD100 = RM245.2.

Bugis: SGD100 = RM244. :) Cheers.

[canola123]

anyone can share the latest rate?
friday internet rate showed 2.47 already? i called one of them in arcade but was told 244.7 only

[Goatslooter]

over weekends the rate is not attractive! wait for monday.... u may get 246? if u get the right one !

[FujiSan]

Arcade lunchtime 2.452

[AtlasShrugged]

Arcade lunchtime 2.452

Rates should be much better....
Money changers holding back the rates??

[FujiSan]

Rates should be much better....
Money changers holding back the rates??

this rate is highest at arcade.remaining MCs are below this rate

official rate is much higher

think jb could be higher presently as some bros have changed recently.2.455

[AtlasShrugged]

this rate is highest at arcade.remaining MCs are below this rate

official rate is much higher

think jb could be higher presently as some bros have changed recently.2.455

But still low compared to online rate of 2.48+

[Goatslooter]

But still low compared to online rate of 2.48+

today at JB central money changer, i break my record high! managed to get 246.5 after nego with her up from 246.3. I grab another 1k shared with my buddy.:)

[AtlasShrugged]

today at JB central money changer, i break my record high! managed to get 246.5 after nego with her up from 246.3. I grab another 1k shared with my buddy.:)

Good rate....

[Goatslooter]

Good rate....

u can call before u go at +6073349988 look for Ms Low, if change few k there is a slightly better rate.:)

[AtlasShrugged]

u can call before u go at +6073349988 look for Ms Low, if change few k there is a slightly better rate.:)

Thanks for info.

[Kopi Tiam]

amk basement 2
2.44rm

[conBm]

today at JB central money changer, i break my record high! managed to get 246.5 after nego with her up from 246.3. I grab another 1k shared with my buddy.:)

Can you tell me the address of this moneychanger? Thanks! :)

[diputs1269]

amk basement 2
2.44rm

So fast below 2.45 :mad:

[AtlasShrugged]

So fast below 2.45 :mad:

Think the bank holds the rate bah.:mad:
Ideally now should be 2.465~2.47 as to online showing 2.48~2.49

Northpoint
RM 244.80

[otamay]

u can call before u go at +6073349988 look for Ms Low, if change few k there is a slightly better rate.:)

Good contact, hope she can maintain the good rate :D:)

[Goatslooter]

Can you tell me the address of this moneychanger? Thanks! :)

i dont know the address! many malay words I dont understand? but i know if you travel from custom direction when you reaches the traffic junction at pelangi shopping complex, just keep left and drive in to the slip road there are many money changes.....all the way till almost reaching the Crystal Crown Hotel, the last second money change is the one i mentioned call Central Money Changer...chinese call 中央。 if if you change at the last money changer the rate always at least 50 cents lower.....hope you can get the way!:)

[scorelan]

Saw at Clementi Mall $244.50

[HornyKeong]

Today at People's Park Complex $2.45 :rolleyes:

[AtlasShrugged]

i dont know the address! many malay words I dont understand? but i know if you travel from custom direction when you reaches the traffic junction at pelangi shopping complex, just keep left and drive in to the slip road there are many money changes.....all the way till almost reaching the Crystal Crown Hotel, the last second money change is the one i mentioned call Central Money Changer...chinese call 中央。 if if you change at the last money changer the rate always at least 50 cents lower.....hope you can get the way!:)

So CENTRAL is the name of money changer...
I thought is at JB Sentral...

[Goatslooter]

ok i managed to find the biz card, the actual name is:
JB Central Trading SDN. BHD.
110, Jalan Harimau Tarum, Taman Century 80250 JB, Johor.
tel: 07-3349988, fax : 07-3339232
Attn: Ms Low or Loh?

[AtlasShrugged]

ok i managed to find the biz card, the actual name is:
JB Central Trading SDN. BHD.
110, Jalan Harimau Tarum, Taman Century 80250 JB, Johor.
tel: 07-3349988, fax : 07-3339232
Attn: Ms Low or Loh?

Thanks for your info.

[Kalv]

Today, Lunch time at Arcade, Raffles Place: SGD100 = RM245.7.

Funan Centre: SGD100 = RM245. :) Cheers.

[AtlasShrugged]

Today, Lunch time at Arcade, Raffles Place: SGD100 = RM245.7.

Funan Centre: SGD100 = RM245. :) Cheers.

Northpoint RM245

[IncredibleHulk]

CK Money Changer in chinatown, you get $100 to RM245.50.

Hulk :)

[diputs1269]

CK Money Changer in chinatown, you get $100 to RM245.50.

Hulk :)

Good rate, appreciate your updates. Hope will the same tomorrow if not more :D

[canola123]

jb 2.45 last nite, doesn't seem to be going up.
all money xe seem holding their rate.
when drop. drop alot. sigh...

[Mercenary19]

Woodlands causeway 9/6/12 4pm S$100 = RM$245.50

[AtlasShrugged]

Sembawang Shopping Centre 245.50

[FatMan]

Jurong Point 11/06/12 6.45pm $100 = RM$245.50

[scorelan]

Clementi Mall at $245.50.

[canola123]

best rate today at Arcade 2nd floor 246.5

[AtlasShrugged]

JB Last night RM 246.00

[AtlasShrugged]

Today JB RM 246.50:D

[Loveboy30]

Today at Arcade best rate RM 2.468

[Mercenary19]

JB 13/6/12 3pm S$100 = RM$246.50

[Kalv]

Today, Lunch time at Arcade, Raffles Place: SGD100 = RM247. Highest so far. MAS letting S$ strengthen further.

Funan Centre: SGD100 = RM246.5

Penisnsula Plaza: SGD100 = RM246

Arcade always best - reliable trend indicator. :) Cheers.

[steelhorn]

Just went to change at Bedok Interchange, along the stretch where UOB Bank(opp Kentucky Restaurant) is SGD100=MYR247.

[AtlasShrugged]

Just went to change at Bedok Interchange, along the stretch where UOB Bank(opp Kentucky Restaurant) is SGD100=MYR247.

It is finally RM247.....

[JeffKL]

Today Arcade 2 p.m. SGD1 = RM246.5

[AtlasShrugged]

Northpoint RM 246

[IncredibleHulk]

Today Chinatown ----> $100 to RM247.50

Hulk:)

[AtlasShrugged]

Today Chinatown ----> $100 to RM247.50

Hulk:)

That's good news..:D

[StupicOne]

Reaching S$1 = RM$2.5 soon....

[asdfghjkl]

arcade has so many changer.. can share which one is good, don't need best to avoid Q. :o

[6600]

Yishun RM247.30 :-)

[Kalv]

Today, Lunch time at Arcade, Raffles Place: SGD100 = RM247.7

City Plaza (Tanjong Katong): SGD100 = RM247.2 :) Cheers.

[bolehk]

Evening time, Bedok central.

2.478 at min SGD300.

go go power ranger.. :D

[AtlasShrugged]

Northpoint 247.30
Looking at 250 soon...

[jbcheong123]

Fountain Money Changer - 248

[Lone_Wolf]

Fountain Money Changer - 248

22/06/12 @ 8pm
Toa payoh central = 247

[Mas Selamat]

Today AMK Hub
RN 24.70

[Goatslooter]

yesterday at Central Money Changer 248, grab 500.:eek:

[AtlasShrugged]

yesterday at Central Money Changer 248, grab 500.:eek:

Wait till 250 mah..:D

[Goatslooter]

Wait till 250 mah..:D

not easy to achieve 250.... so far 248 is my record ! may be next week go nego w Ms Low for slightly higher rate if i ch more than 1000?:eek:

[AtlasShrugged]

not easy to achieve 250.... so far 248 is my record ! may be next week go nego w Ms Low for slightly higher rate if i ch more than 1000?:eek:

Well...you nv know.
Esp their election is round the corner.

[shiokpleasure]

Well...you nv know.
Esp their election is round the corner.

shouldn't they down the exchange if election is near? moving it up only benefits singaporeans le.

[AtlasShrugged]

shouldn't they down the exchange if election is near? moving it up only benefits singaporeans le.

With so many strikes and anti govt sentiment going on, unless they scored really gd in election, if they lose 1~2 more states, that will affect the economy.
Oh ya I only analyse. No crystal ball to foresee future...Zun or not, I hold no responsibility

[coolbeng]

Premas jaya , Friday I change 248 . V gd rate

[Goatslooter]

today central money changer at Rm248.2

[Kalv]

Unbelievable!! Today (all MCs) at JB Sentral: SGD100 = RM244.2 :) Cheers.

[AtlasShrugged]

Unbelievable!! Today (all MCs) at JB Sentral: SGD100 = RM244.2 :) Cheers.

WTF??? U change or is it the display rate?
Few days ago display rate was 244 but actual rate was 248

[dargonfly75]

KL's Bukit Bintang money changer best rate is 247.6

[Kalv]

... display rate...
I always change at Arcade, Raffles Place. Believe Arcade is the best if convenient - lunching there. :) Cheers.

[AtlasShrugged]

I always change at Arcade, Raffles Place. Believe Arcade is the best if convenient - lunching there. :) Cheers.

Then should be something like RM248.20

[steelhorn]

Just changed SGD$1000 to MYR at: MYR$2.4785.
Location: Near Bedok Bus Interchange Newstand.
Will cheong JB more often if the rates keeps on getting better.

[IncredibleHulk]

Arcade this afternoon, $100 can changed from RM247.5 to RM247.85.

Hulk:)

[jbcheong123]

Fountain money changer at Marina square - 248

[JRthe6]

Bank Bumiputra in Suntec = 2.50. :p

[Kalv]

Bank Bumiputra in Suntec = 2.50.

Great - thanks. S$ still strengthening. Should visit JB more often. Wishing all a nice weekend. :) Cheers.

[Raytan]

Last nite at after the checkpoint shell turn right towards sentosa road 1-2.485

[Lone_Wolf]

Bank Bumiputra in Suntec = 2.50. :p

Bank Bumiputra offer money changing services now? :confused:

[JRthe6]

Bank Bumiputra offer money changing services now? :confused:

Bro Lone Wolf, I had to transfer S$1,000 to someone in Mersing. She only have account with Bank Bumiputra so I have to do the transfer through Bank Bumiputra in Suntec. But BB dun accept S$ so they converted my S$1,000 to ringgit before proceeding with the transfer. For my S$1,000 my friend received M$2,500 on her side. Hope that clarify.

Anyways thanks for upping my points.

[AtlasShrugged]

Bro Lone Wolf, I had to transfer S$1,000 to someone in Mersing. She only have account with Bank Bumiputra so I have to do the transfer through Bank Bumiputra in Suntec. But BB dun accept S$ so they converted my S$1,000 to ringgit before proceeding with the transfer. For my S$1,000 my friend received M$2,500 on her side. Hope that clarify.

Anyways thanks for upping my points.

TT rate is better than cash rate..
But I guess 2.50 is nt far frm here...:D

[shiokpleasure]

TT rate is better than cash rate..
But I guess 2.50 is nt far frm here...:D

Wa, then I'm ggoing to open a Malaysia maybank account. Then just TT there liao.

Confirm better rates?

[AMK HUB]

Lastest update
Location : AMK hub
RM 24.7

[Me Siam Bu]

hey datok how r u? long time no see

i heard now arcade $248

[AtlasShrugged]

Wa, then I'm ggoing to open a Malaysia maybank account. Then just TT there liao.

Confirm better rates?

TT Rate is better but U need take note of TT charges. Bank Varies.
U can go bank's online website to chk the TT /cash /credit card exchange rates.
Btw online rate is showing 2.51 nw. If SGD con't strengthening, we should see 250 this wk.

[steelhorn]

Hi all,
Just came back from JB.
Changed MYR$2.48 to SGD$1 at Tower Merlin this morning around 11.30am.
Cheers.

[scorelan]

Hi all,
Just came back from JB.
Changed MYR$2.48 to SGD$1 at Tower Merlin this morning around 11.30am.
Cheers.

Thanks for the updates... Ups u... :)

[diputs1269]

Hi all,
Just came back from JB.
Changed MYR$2.48 to SGD$1 at Tower Merlin this morning around 11.30am.
Cheers.

Good, slowly and steadily inchining towards 250::)

[FujiSan]

JB central 248

[katak]

TT Rate is better but U need take note of TT charges. Bank Varies.
U can go bank's online website to chk the TT /cash /credit card exchange rates.
Btw online rate is showing 2.51 nw. If SGD con't strengthening, we should see 250 this wk.

No exchange rate quoted for SGD to MYR (maybank or cimb singapore)
https://sslsecure.maybank.com.sg/cgi-bin/mbs/JSPscripts/mbb_rates/fx_rate.jsp
http://www.cimbbank.com.sg/index.php?ch=gen_rate&pg=gen_rate_forex&tpt=cimb_sg&tpt=cimb_sg

Also, don't forget about bank charges for TT
http://info.maybank2u.com.sg/personal/deposits-banking/bank-charges/sd-outward-remittance.aspx
http://www.cimbbank.com.sg/index.php?tpt=cimb_sg&ch=gen_fee&pg=gen_fee_category&category=71:135

The effective rate after taking into consideration of bank charges/etc may not be better than money changer rate.

[katak]

Bro Lone Wolf, I had to transfer S$1,000 to someone in Mersing. She only have account with Bank Bumiputra so I have to do the transfer through Bank Bumiputra in Suntec. But BB dun accept S$ so they converted my S$1,000 to ringgit before proceeding with the transfer. For my S$1,000 my friend received M$2,500 on her side. Hope that clarify.

Anyways thanks for upping my points.

How about the bank charges and related processing fees levied on the TT transaction? The final effective exchange rate should be lower.

I thought Bank Bumiputra already merged into CIMB many years ago. In Malaysia, the name change to CIMB.

Is there still Bank Bumiputra branch in Suntec ?

[Citizens]

Good, slowly and steadily inchining towards 250::)

It come down again. I change in Toa Payoh central behind Courts today at 247.20

[AtlasShrugged]

How about the bank charges and related processing fees levied on the TT transaction? The final effective exchange rate should be lower.

I thought Bank Bumiputra already merged into CIMB many years ago. In Malaysia, the name change to CIMB.

Is there still Bank Bumiputra branch in Suntec ?

No exchange rate quoted for SGD to MYR (maybank or cimb singapore)
https://sslsecure.maybank.com.sg/cgi-bin/mbs/JSPscripts/mbb_rates/fx_rate.jsp
http://www.cimbbank.com.sg/index.php?ch=gen_rate&pg=gen_rate_forex&tpt=cimb_sg&tpt=cimb_sg

Also, don't forget about bank charges for TT
http://info.maybank2u.com.sg/personal/deposits-banking/bank-charges/sd-outward-remittance.aspx
http://www.cimbbank.com.sg/index.php?tpt=cimb_sg&ch=gen_fee&pg=gen_fee_category&category=71:135

The effective rate after taking into consideration of bank charges/etc may not be better than money changer rate.

Banks Display table varies. But you can see the diff in Rates
yes you are right cos there will b a TT charge. Eg $20 for TT will b charged on the person sending.

Example, TT $1000, TT rate 2.50, Cash rate 2.490
Sender -$1020
Receiver +$2500

Unless your exchange rate diff can cover the TT diff, else better rate thru money changer.

BTW JB Rate 248

[JRthe6]

How about the bank charges and related processing fees levied on the TT transaction? The final effective exchange rate should be lower.

I thought Bank Bumiputra already merged into CIMB many years ago. In Malaysia, the name change to CIMB.

Is there still Bank Bumiputra branch in Suntec ?

There is some fee to be paid but I dun know how much as it is calculated all in inside the S$1,000. All I know is I give the bank officer Sgd$1,000 and my friend received RM$2,500 in her bank account.

Bank Bumiputra is at Suntec Tower One #37 level. The whole floor belongs to them. :D

[katak]

There is some fee to be paid but I dun know how much as it is calculated all in inside the S$1,000. All I know is I give the bank officer Sgd$1,000 and my friend received RM$2,500 in her bank account.

Bank Bumiputra is at Suntec Tower One #37 level. The whole floor belongs to them. :D

Thanks. Look like the rate u got is more than 2.50 if it already included the related bank charges.

However, from the currency chart and the published rates at bank website for other currencies (as SGD/RM rate not available at bank's website), this rate is not possible as the bank TT rate normally cannot match the yahoo mid rate and sometime the money changer rate.

[Kalv]

Today, Lunch time at Arcade, Raffles Place: SGD100 = RM248.2

Funan Center : SGD100 = RM247.6 :) Cheers.

Today ..Toa Payoh Central behind Courts today at 247.20
Rates will vary with MCs depending on their overheads (rental etc)/profit margins etc. Arcade is a reliable trend indicator with > 12 MCs - competition very keen. :) Cheers.

[coolbeng]

Comfirm backed from JB, most exchange rate put 2.44 but can change 2.48 for min 100 sg dollar. Also ron 97 up by 20 cent to 3.00 liao. For bro out there who JB for Petrol, wash car and other happy biz.

[AtlasShrugged]

Comfirm backed from JB, most exchange rate put 2.44 but can change 2.48 for min 100 sg dollar. Also ron 97 up by 20 cent to 3.00 liao. For bro out there who JB for Petrol, wash car and other happy biz.

Thought is down to 2.60??

http://thestar.com.my/news/story.asp?file=/2012/7/5/nation/11608675&sec=nation
http://www.themalaysianinsider.com/malaysia/article/ron97-cheaper-by-20-sen-from-tomorrow/

[FatMan]

Jurong Point 5/07/12 5.15pm $100 = RM$247.70

[Goatslooter]

Central Money Changer at JB Rm248.2, grabbed $500.:D

[AtlasShrugged]

Central Money Changer at JB Rm248.2, grabbed $500.:D

Bro u high spender...Every now n then grab 500. Finish so fast?? Haha

[Goatslooter]

Bro u high spender...Every now n then grab 500. Finish so fast?? Haha

keep for my malaysia road trip.....once i drive up with family to Genting 1/2 will gone ? :D

[gwannabe7]

Where is central money changer? The rate is very hight compare to other money changer in sg

[AtlasShrugged]

keep for my malaysia road trip.....once i drive up with family to Genting 1/2 will gone ? :D

Haha...
250 reaching soon.... + petrol at 2.60..:D

[FujiSan]

Hi


chinatown 2.48

arcade 2.483

[Ninja_Assassin]

6/7/12 @ Toa Payoh Central S$105 = RM$250

[AtlasShrugged]

6/7/12 @ Toa Payoh Central S$105 = RM$250

The rate is damn lousy. Hope u didn't go for the change..
U short change yourself about RM10

[Goatslooter]

Where is central money changer? The rate is very hight compare to other money changer in sg

jb town near Crystal Crown Hotel second money changer from hotel, call +6073349988 for Ms Low for better rate, if change 1k above extra 20~50 cents will be given. Trust me this is only shop I go! all working ladies are friendly !:)

[Goatslooter]

S'pore TV news alr shown 2.5+....v soon JB will be reaching 249?:)

[AtlasShrugged]

S'pore TV news alr shown 2.5+....v soon JB will be reaching 249?:)

U can standby 1k already :D

[Goatslooter]

U can standby 1k already :D

yes, i will....i need more for my genting trip in Aug? :D

[robokin]

10/7/12 Noon , Taman Pelangi, $1 = RM2.485

[scorelan]

Clementi mall $248 :)

[Aladeen]

arcade 1 min ago 249.1

[IncredibleHulk]

Chinatown CK Money Changer $100 to RM249.20.

Hulk:)

[katak]

Arcade Money Changer at 2pm today: S$100 = RM250.00
Clementi Mall Money Changer : S$100 = RM248.50

[AtlasShrugged]

Arcade Money Changer at 2pm today: S$100 = RM250.00
Clementi Mall Money Changer : S$100 = RM248.50

Finally..........:D

[Kalv]

Arcade .. 2pm today: S$100 = RM250.00
..
Great - probably will go higher. Singapore/Malaysian Ringgit Exchange Rate Chart:





http://www.x-convert.com/chart/SGD-MYR




http://img2.uploadhouse.com/fileuploads/16339/16339728a7b067182db4a671b086cf8bb7ecc551.png




:) Cheers :D.

[diputs1269]

Arcade Money Changer at 2pm today: S$100 =

At last the long waited 250 wall broken :D Cheers :)

[eg5354]

At last the long waited 250 wall broken :D Cheers :)

The 250 wall has already sustain too long already, with no reinforcement in the concrete, it finally collapse.

Actually malaysian ringgit did not devalue, against other currency it is still strong. It is just that sing dollar is appreciating, therefore exchange rate against the ringgit tends to be higher.

Sing dollar has been very stable and strong for the past years against most of the currency and no doubt it will continue to appreciate further.

With alot of foreign reserve and extremly low interest rate, value of sing dollar may continue to rise against other currency. :)

[canola123]

yestereday arcade at 2.5

[asdfghjkl]

With alot of foreign reserve and extremly low interest rate, value of sing dollar may continue to rise against other currency.

why USD with no FX reserve keeps on surging? :o

[Lone_Wolf]

The 250 wall has already sustain too long already, with no reinforcement in the concrete, it finally collapse.

Actually malaysian ringgit did not devalue, against other currency it is still strong. It is just that sing dollar is appreciating, therefore exchange rate against the ringgit tends to be higher.

Sing dollar has been very stable and strong for the past years against most of the currency and no doubt it will continue to appreciate further.

With alot of foreign reserve and extremly low interest rate, value of sing dollar may continue to rise against other currency. :)

It will continue to rise to 2.55 end of this year and return to 2.4 in 2013. :D

[JRthe6]

It will continue to rise to 2.55 end of this year and return to 2.4 in 2013. :D

Then I must change more ringgit before 2013 :D

[IncredibleHulk]

Chinatown CK Money Changer $100 to RM250.00.

Hulk

[Kalv]

Today, Lunch time at Arcade, Raffles Place: SGD100 = RM250

City Square - Serangoon: SGD100 = RM248 :) Cheers.

[imax88]

Today, Lunch time at Arcade, Raffles Place: SGD100 = RM250

City Square - Serangoon: SGD100 = RM248 :) Cheers.

Tks for the info. :D

nat day coming time to change some ringgit!!

[katak]

Clementi Mall Money Changer at noon today : S$100 = RM249.00

[justl00king]

Good rates, the spas in JB must be crowded! :p

[shiokpleasure]

Shiok ah!!!! Buy house in jb then everyday can call girl. :p

[thonglover]

Money Changer at Yew Tee Shopping Centre - $100 -> RM250.

[robokin]

JB City, Noon, $100 = RM249.50

[Goatslooter]

JB central money changer @249.5. I grabbed 1k. :D

[AtlasShrugged]

JB central money changer @249.5. I grabbed 1k. :D

Haha.....Seems like going higher..

[Goatslooter]

Haha.....Seems like going higher..

yesterday is the highest? not bad today! at least i broke my record high 248.2 again,.,...once break 250? i think MY Gov sure will interrupt ??:confused:

[asdfghjkl]

those changed @250 --> the MC changed at an even better rate for themselves.. :o

[AtlasShrugged]

those changed @250 --> the MC changed at an even better rate for themselves.. :o

Ya. They need make some $$ to cover their rental n manpower.

[AtlasShrugged]

yesterday is the highest? not bad today! at least i broke my record high 248.2 again,.,...once break 250? i think MY Gov sure will interrupt ??:confused:

Today broke 2.52 online... n return to 2.51+
Those good money changers rate should be around 2.50~2.505 soon...unless monday U turn...

MY gov interrupt?? Not likely they can't fend themselves with the election now. You think they got time & resources to interrupt?

[eg5354]

why USD with no FX reserve keeps on surging? :o

US economy is different from the rest. Even they do not have reserve, but their currency is widely accepted by the world as they are the global investor investing lots of money worldwide.

US currency over the years against the sing dollar has devalue alot and not surging.

From Feb 2009 it was at its peak at US $1 to S$1.55

During July 2011 it devalue again US $1 to S$1.37

Now just one year later July 2012 US dollar drop again to US $1 to S $1.27.

I believe in future if the US economy is down, the rate might go down to 1 is to 1.

[eg5354]

It will continue to rise to 2.55 end of this year and return to 2.4 in 2013. :D

2.55 possible, may even be more.

Believe this time the ringgit may not bounch back so much to 2.4.

Maybe will drop back to 2.45 the lowest and may stabilise at the 2.50 mark.

The rate of 2.4 -2.45 fluctuating has been going on for quite sometime already. Spore economy is fast developing as compare to msia and seems to reach another level. :)

[AtlasShrugged]

US economy is different from the rest. Even they do not have reserve, but their currency is widely accepted by the world as they are the global investor investing lots of money worldwide.

US currency over the years against the sing dollar has devalue alot and not surging.

From Feb 2009 it was at its peak at US $1 to S$1.55

During July 2011 it devalue again US $1 to S$1.37

Now just one year later July 2012 US dollar drop again to US $1 to S $1.27.

I believe in future if the US economy is down, the rate might go down to 1 is to 1.

Totally agreed. Waiting for that day...

[GanDuaLiap]

2.50 already very good already, go there really save bigtime. But wonder will it ever be like RMB 1 to 5?

[FatMan]

Jurong Point13/07/12 9pm $100 = RM$249.20

[scorelan]

Thanks for the updates bro... Cheers...

[BoinKING]

now is a ringgit grab..
if you are not gonna change a big amount, suggest just change in singapore..
if want better rates in large amounts, can go over to source and immediately open up a savers account, withdraw small amounts from atm and use card to pay for the rest.

Please do it with at least a few guys and in daytime around 12pm..

The situation over there is getting messy, alot of power struggles for the election.... every man for himself, esp now when its gonna hari raya.. police will be extra motivated to work also..

[AtlasShrugged]

now is a ringgit grab..
if you are not gonna change a big amount, suggest just change in singapore..
if want better rates in large amounts, can go over to source and immediately open up a savers account, withdraw small amounts from atm and use card to pay for the rest.

Please do it with at least a few guys and in daytime around 12pm..

The situation over there is getting messy, alot of power struggles for the election.... every man for himself, esp now when its gonna hari raya.. police will be extra motivated to work also..

Hari Raya + Election = 'Motivation' Haha

[LiKiSi]

I am heading up to JB tomorrow and some friends told me not to safe in JB because they mark SG cars. It that true?????? So better to change here in SG???? I always thought we'll get a bit more better rates across the border. Can bros please advise thanks

[Lone_Wolf]

Hari Raya + Election = 'Motivation' Haha

Too many Singaporeans crossing over to live there has raised the cost of living for the locals. One of the residents there complained to me that the wet market now refuses to sell fresh fish to her as the fishmonger can get a higher price selling to the Singaporean makciks who now patronizes the market.

I did a comparison with some relatives living in other parts of Malaysia and the cost of living is easily 40-80% higher in JB than elsewhere in Malaysia. :mad:

[AtlasShrugged]

Too many Singaporeans crossing over to live there has raised the cost of living for the locals. One of the residents there complained to me that the wet market now refuses to sell fresh fish to her as the fishmonger can get a higher price selling to the Singaporean makciks who now patronizes the market.

I did a comparison with some relatives living in other parts of Malaysia and the cost of living is easily 40-80% higher in JB than elsewhere in Malaysia. :mad:

Ya. But I think most of the blame should be placed on the locals instead of Singaporeans. They themselves set double standard cos of greed.. The vicious cycle goes on n they themselves get suck in. Rather than look at mirror and say I AM GREEDY, it is easier to push to someone else. Foreigners can always pack and go when place is 'over-priced'.

[Kalv]

Singapore Economy has shrunken by 1.1% in Quarter 2 - worse than expected. Risk of a technical recession has increased. MAS may ease back to a modest and gradual Singapore dollar appreciation. Wishing all a nice Weekend. :) Cheers.






http://img1.uploadhouse.com/fileuploads/16354/1635461198c8654d5ec8879390777b76f4aff763.png








Singapore/Malaysian Ringgit Exchange Rate Chart: http://www.x-convert.com/chart/SGD-MYR?period=1m

[KatoeyLover69]

Report from ChannelNewsAsia dated 13 July 2012 :-

S'pore money changers run out of Malaysian ringgit

SINGAPORE - Some money changers in Singapore on Friday ran out of Malaysian ringgit notes after the favourable exchange rate sparked strong interest from buyers taking the chance to stretch their dollar by picking up ringgit on the cheap.

The Singapore dollar is trading at one to 2.51 Malaysian ringgit, after hitting a 14-year high against the Malaysian currency this week.

The ringgit is under pressure as Malaysia's general election looms and as investors exit emerging Asian markets for safer assets.

Sim Moh Siong, a currency strategist at Bank of Singapore, said: "I think part of the under-performance could be due to the drop in commodity prices, especially in terms of crude oil and palm oil. That seems to be an overhang on the ringgit."

Currency analysts said the ringgit could weaken further this year, on risks from Malaysia's upcoming general election.

This could push the Singapore dollar to 2.55 versus the ringgit within the year, before moderating to 2.45 by end-2013.

Saktiandi Supaat, who is head of currency research at Maybank, said: "It's a reflection also of how market participants see Malaysian assets and also the tolerance level of Bank Negara in terms of allowing some flexibility in the ringgit.

"The ringgit has fluctuated or reacted more than the Singapore dollar to Eurozone and global risks such as growth issues. The structural issues on Singapore dollar restrict the way it reacts."

Global economic uncertainty has caused investors to pull money out of riskier assets like emerging-Asia currencies as they opt for safe haven assets like the US dollar.

The Singapore dollar has also been attracting these investors.

It has appreciated 2.5 per cent against the Thai baht and Indonesian rupiah this year.

Lee Chen Hoay, an investment analyst at Phillip Futures, said: "Because of the Eurozone crisis, it has increased the risk aversion in the market. And you even see things like Switzerland and Denmark being able to issue bonds at negative yield.

"So that means investors are willing to pay more money to get less, to protect their capital. And Singapore, being the only Southeast Asian currency with triple A, has an increased appeal."

Analysts said that should the Singapore dollar continue strengthening versus the ringgit, Singapore companies with operations in Malaysia could see profits take a hit.

However, Malaysian companies with operations in Singapore may see currency gains as they repatriate profits.
----- KaytoeyNewsNetwork

[KatoeyLover69]

If JB is not safe and is a "dangerous" why S'poreans send their old parents to stay in "Old Folks Homes" in JB ???

Report from The New Paper dated 11 July 2012 :-

More S'poreans heading to Johor nursing homes

For some Singaporeans, growing old means living across the Causeway - in a nursing home in Johor Baru.

Home operators there say about 10 percent of their clients are now Singaporeans and they are getting more enquiries from Singapore families.

Many moved their seniors or disabled relatives up north, citing more affordable care.

Some, like Mr Tan Ah Song, 70, found a better living environment there.

Yet, others, like 85-year-old Madam Minah and 90-year-old Madam Yee, had no choice.

Just who are these Singaporeans living their twilight years in another land?

What are their stories?
----- KatoeyNewsNetwork

[IncredibleHulk]

CK Chinatown and Peoples Park Complex $100 -> RM249.30.
Peoples Park Centre $100 -> RM249.50.

Hulk:)

[eg5354]

I always thought we'll get a bit more better rates across the border. Can bros please advise thanks

Not exactly. Really depends on what currency you are changing. If you talk about changing to rupiah, then it is much better rate to change in indonesia. :p

However, if you want to change to ringgit, then arcade building at raffles place certainly give the best rate so far. The display exchange rate by JB money changer in town area is always about roughly 4 ringgit lesser than the rate display at arcade building money changers.

Example if JB money changer display rate is rm245 then the exchange rate at arcade building will be about rm249. The majority of JB money changers at most will add rm3 to their display rate e.g. rm245 + rm3 = rm248

There are many money changers at arcade building level 1 & 2, so when there is alot of competition, the customers are the one who benefited the most from the exchange rate as they will try to give the best rate in town to attract customers. ;)

[asdfghjkl]

so where does the MCs in the arcade get their currencies from? interested to be involved in this business.

[adonis]

Sis asdfghjkl, the money changing business in Singapore is dominated by local Indian money changers. Many of them are Indian Muslims. They transfer money using some sort of "hawala" system. They telephone their friends in the money changer business and say exchange this amount of money for this rate, we'll reimburse you the amount later. Their business is based on trust and long term connections. They do courier large sums of money over from Malaysia. One of them wears a money belt under his clothes. The other is his chaperone. This is one of their weak points.

[KatoeyLover69]

Report from The New Straits Times dated 17 July 2012 :-

New Malaysian banknotes now in circulation

SUBANG JAYA: The new Malaysian banknotes went into circulation yesterday and shoppers at Mydin USJ were the first to get their change in the new notes.

Beginning today, other supermarkets would have their cash machines filled with new banknotes, said a Bank Negara Malaysia officer here yesterday.

The officer said the new banknotes would co-circulate with the existing ones, which remained as legal tender.

The public will be able to obtain new banknotes through normal transactions.

The new series come in denominations of RM1, RM5, RM10, RM20 and RM100, while the RM50 note has been issued since December 2007.

The RM20 banknote is reintroduced and polymer substrate is used for the RM1 and RM5 notes.

The officer said all relevant parties had been told to calibrate their machines to accept the new banknotes.

The new banknotes are themed "Distinctively Malaysia", inspired by the country's culture, heritage and nature.

The new banknotes' enhanced security features include shadow image, clear window, watermark portrait with pixel and highlighted numerals, colour shifting security thread, micro lens thread, perfect see-through register and coloured glossy patch.

One of Mydin USJ's early shoppers, Dahlia Zainudin, said the new banknotes were nice to look at and creatively-designed.

Another shopper, Mohammad Azam Ikhsan, said the notes were distinctively Malaysian and unique.
----- KatoeyNewsNetwork


See photo of the new banknotes and read more at :
http://www.nst.com.my/nation/general/new-banknotes-now-in-circulation-1.108582#ixzz20rh7vV2e

[AtlasShrugged]

Sis asdfghjkl

I didn't know is a she....

[eg5354]

Report from The New Straits Times dated 17 July 2012 :-

New Malaysian banknotes now in circulation

SUBANG JAYA: The new Malaysian banknotes went into circulation yesterday and shoppers at Mydin USJ were the first to get their change in the new notes.

Beginning today, other supermarkets would have their cash machines filled with new banknotes, said a Bank Negara Malaysia officer here yesterday.

The officer said the new banknotes would co-circulate with the existing ones, which remained as legal tender.

The public will be able to obtain new banknotes through normal transactions.

The new series come in denominations of RM1, RM5, RM10, RM20 and RM100, while the RM50 note has been issued since December 2007.

The RM20 banknote is reintroduced and polymer substrate is used for the RM1 and RM5 notes.

The officer said all relevant parties had been told to calibrate their machines to accept the new banknotes.

The new banknotes are themed "Distinctively Malaysia", inspired by the country's culture, heritage and nature.

The new banknotes' enhanced security features include shadow image, clear window, watermark portrait with pixel and highlighted numerals, colour shifting security thread, micro lens thread, perfect see-through register and coloured glossy patch.

One of Mydin USJ's early shoppers, Dahlia Zainudin, said the new banknotes were nice to look at and creatively-designed.

Another shopper, Mohammad Azam Ikhsan, said the notes were distinctively Malaysian and unique.
----- KatoeyNewsNetwork


See photo of the new banknotes and read more at :
http://www.nst.com.my/nation/general/new-banknotes-now-in-circulation-1.108582#ixzz20rh7vV2e

Actually I would love to have new bank notes as it is clean.

Just use a microscope and look at a piece of old cash note say maybe one ringgit note. To your horror, you will be shocked to see there are million of bacteria crawling around the note. :eek:

Many people said the most dirty cash notes are ren min pi currency. It contain the most bacteria as compare to the other countries notes. :eek:

Maybe customer in china after fxxx already never wash hand and pay to the PRC WL. :o

The bigger notes should be quite clean as handle by less people. :)

[diputs1269]

Actually I would love to have new bank notes as it is clean.

Just use a microscope and look at a piece of old cash note say maybe one ringgit note. To your horror, you will be shocked to see there are million of bacteria crawling around the note.

Many people said the most dirty cash notes are ren min pi currency. It contain the most bacteria as compare to the other countries notes. :eek:

Maybe customer in china after fxxx already never wash hand and pay

Shocking info, must be more careful from now on. Btw JB 249.5 yesterday :mad:

[Kalv]

Today, Lunch time at Thomson Plaza: SGD100 = RM247

Lousy - see chart below. High/Expensive Rental - Thomson Area. :) Cheers.


Singapore/Malaysian Ringgit Exchange Rate Chart: http://www.x-convert.com/chart/SGD-MYR?period=14d

[Dirk Kuyt]

Today, Lunch time at Thomson Plaza: SGD100 = RM247

Lousy - see chart below. High/Expensive Rental - Thomson Area. :) Cheers.


Singapore/Malaysian Ringgit Exchange Rate Chart: http://www.x-convert.com/chart/SGD-MYR?period=14d

Is the exchange rate falling again?
When will be old notes be ORD?

[AtlasShrugged]

is the exchange rate falling again?
When will be old notes be ord?

jb rm249.50

[Dirk Kuyt]

jb rm249.50

Luckily I changed a couple of days ago at 250.40 :D

[asdfghjkl]

I believe in future if the US economy is down, the rate might go down to 1 is to 1.

I believe in my lifetime I would see RMB 1 = SGD 1 :eek:

http://3.bp.blogspot.com/-srhZIBiOdlw/TwTp6amXG9I/AAAAAAAAAX4/ovCwvkdq_9E/s1600/20120103_JPM_reserve.png

[eg5354]

Report from The New Straits Times dated 17 July 2012 :-

New Malaysian banknotes now in circulation


Normally when a country does not have enough fund to use, it will start printing money, then the value of the currency will drop. :(

Unless printing money is a replacement, new note replaced old note or else tomorow you will get shock to see the rate becomes S$1 = RM3. :eek:

[asdfghjkl]

A country can also print money when it has more than enough money.. below is the statistics for Singapore's total money supply reported so far.

2012 (S$M)

Jan 455,057.0
May 460,546.2
------------------------
Increase of S$5.5B YTD.. :eek:

[eg5354]

I believe in my lifetime I would see RMB 1 = SGD 1 :eek:

http://3.bp.blogspot.com/-srhZIBiOdlw/TwTp6amXG9I/AAAAAAAAAX4/ovCwvkdq_9E/s1600/20120103_JPM_reserve.png

Bro asdfghjkl,

You really have good foresight. The reserve currency status which was shown in your link actually reflects the rise of the european nation economy in the last few centuries. :)

Portugal - during the 15th century, they are very advance and prosperous. Melaka was their colony at that time.

Spain - during the 16th and 17th century, they are very well off and trade with many countries. Philipine was their colony at that time.

Netherlands - during the 18th century, the Dutch are very ambitious people and expanded their trade in southeast asia making them very wealthy. Indonesia was their colony at that time.

France - during the 18th and 19th century, the french economy was very powerful. Vietnam was their colony at that time. Ho chi min city with lots of french designed buildings.

Britain - during the 19th and 20th century, Britain led the industrial revolution (they started the mass production) and dominated the European and world economy. They are also the global leader in international banking, entrepreneurship, and trade at that time. Singapore, Malaysia and Hongkong were their colonies at that time.

United states - During the 20th and 21st century, the economy of the US is the world's largest. They are also the world's largest manufacturer, leader in scientific research and technology innovation. Philipines was their colony at that time.

So who's the next economy superpower ? of course you're rite, the factory of the world or the most populated country or the awaken dragon. It has recently replaced japan as the world 2nd largest economy in the world. The woman from there has also make geylang to be more lively.... :p

Now S$1 = RMB 5

I doubt you will see RMB 1 = SGD 1 because the govt of china does not want to appreciate the RMB, afraid that money become big already later export product become difficult because nobody want to buy expensive goods. :D

[asdfghjkl]

I doubt you will see RMB 1 = SGD 1 because the govt of china does not want to appreciate the RMB, afraid that money become big already later export product become difficult because nobody want to buy expensive goods.

thanks for spending the time to reply. you would realize that for the above countries, when their currencies were the world reserve, the latter were strong. nobody wants a weak currency to be the reserve currency.

by the way, China imported 315 mt of Au for the first five months of 2012 alone and this is even more Au than the entire holding of the UK at 310 mt.

[KatoeyLover69]

DON'T YOU GUYS FEEL THE PINCH: The sad value of the Ringgit

Written by Lim Sue Goan

The Prime Minister has invited the public to post suggestions for the 2013 Budget to his blog and I believe that many would ask questions of personal concern. However, the best approach would be a proper financial management to help the national economy out of plight.

It is timely for Datuk Seri Najib Razak to advice officials of the Finance Ministry to properly manage the country's economy. The country is having a fiscal deficit for the 15th consecutive year, the priority should then be on striking a fiscal balance and reducing the deficit, or the debt will continue to increase and the country might end up in bankruptcy, like Greece.

Stock market record high but ringgit depreciating

The Malaysian stock market has repeatedly hit record highs, but the ringgit has been depreciating.

The strength of a country's currency reflects its economic strength and competitiveness, as the currency exchange rate fluctuations are determined by the currency's supply and demand. If everyone has no confidence and sell them, the exchange rate will fall.

For example, after world's factory China was recognised as the world's second largest economy, the yuan has been rising dramatically and it is expected to become one of the world's three major currency in five years.

The ringgit recently depreciated to record low of 2.5 against the Singapore dollar. Malaysians working in Singapore were so excited whereas local importers suffered the bitterness.

Malaysians used to spend strong ringgit in Singapore during the good old days but the situation changed. Singaporeans have now become "rich men" in Malaysia.

Net capital exporter for 5 years running

It was reported that Malaysia has become a net capital exporter for five consecutive years. In the first quarter this year, Malaysian companies had invested RM 16.9 billion abroad, an increase of nearly 15% compared to RM14.7 billion in the final quarter of last year. The outflow of capital has intensified the depreciation of the ringgit.

There are many reasons for the outflow of money. In addition to the lack of confidence, the repeatedly delayed general election, the deterioration of local investment environment and the reduction of business opportunities have all caused enterprises and businesses to invest abroad.

It is baffling that if the country's economy is really as good as described by political leaders, why aren't the funds inflowing, but outflowing? Particularly when other countries are lowering their interest rates, Bank Negara still keeps our interest rate at 3%. It might be because investors are not optimistic about Malaysia's economic outlook.

The outflow of capital will affect the Economic Transformation Programme (ETP) and thus, Najib announced the establishment of a RM1 billion Domestic Investment Strategic Fund to promote domestic direct investment. However, the tax structure is unreasonable, particularly the high corporate tax is a barrier to the efforts of attracting investment. Thailand adjusted its corporate tax from 30% to 23% this year, and 20% next year. Since we are unable to make ends meet, we are not able to cut corporate tax.

Revenue bottleneck but expenditure rising without check

The biggest shortcoming of the government's financial management is, the revenue has reached a bottleneck, while the expenditure is rising rapidly. After the fall of international crude oil prices, oil revenues will shrink. Only less than 10% of employees are currently paying income tax, but political expenditure has been increasing day by day due to the delayed general election. Therefore, the deficit is more likely to expand rather than reduce.

The country is currently facing other problems, including the global economic slowdown in which even China is unable to escape. The strange global climate is also brewing another round of food crisis.

In the month of Ramadan, the seventh lunar month and before the 2013 Budget is tabled on September 28, the market is expected to be sluggish. Let's see how Najib is going to stimulate the economy.

-Sin Chew Daily
----- KatoeyNewsNetwork

[pendragon_sg]

billions being qouted (loss or earned) nowadays are the new normal to govts and companies ... millions are small change


A country can also print money when it has more than enough money.. below is the statistics for Singapore's total money supply reported so far.

2012 (S$M)

Jan 455,057.0
May 460,546.2
------------------------
Increase of S$5.5B YTD.. :eek:

[pendragon_sg]

Rates in Bukit Bintang on Tuesday 11am till 10pm as seen in various outlets along Bukit Bintang area

100SGD changed to RM

241.9 - money changer (before lunch)
245.2 - hong leong bank money changer (before lunch)
both side by side

249.2 - sungei wang shopping centre (inside) money changer (after 2pm)

249.6 to 249.9 at various money changers along bukit bintang between 8.30pm to 10pm

[bolehk]

bedok, 19-jul, afternoon

> S$500........... 249.7

[ruchucky]

today chinatown 249.8:D

[LinxiSteven]

bedok, 19-jul, afternoon

> S$500........... 249.7



Pai Say Bro,

May I ask, Bedok where sia?

[Loveboy30]

Arcade best rate today is S$1.00 = RM 2.497

[Kalv]

Today, Lunch time at Arcade, Raffles Place: SGD100 = RM249.7. TT rate (Remittance) : SGD100 = RM250.

City Plaza - Tanjong Katong: SGD100 = RM247 (Lousy). :) Cheers.



Singapore/Malaysian Ringgit Exchange Rate Chart: http://www.x-convert.com/chart/SGD-MYR?period=14d

[scorelan]

Today, Lunch time at Arcade, Raffles Place: SGD100 = RM249.7. TT rate (Remittance) : SGD100 = RM250.

City Plaza - Tanjong Katong: SGD100 = RM247 (Lousy). :) Cheers.



Singapore/Malaysian Ringgit Exchange Rate Chart: http://www.x-convert.com/chart/SGD-MYR?period=14d

Thanks for the updates...:)

[CLA-Nui]

So close , nothing touch 2.5 yet.

[Goatslooter]

7pm JB central money changer >> 249.7, broken my record high 249.5. another 500 less in my pocket.:D

[Peterho1]

Go Arcade today 6pm+++ it 250 :D:D

[AtlasShrugged]

Go Arcade today 6pm+++ it 250 :D:D

Welcome to the Malaysia Thread. :D

[AtlasShrugged]

7pm JB central money changer >> 249.7, broken my record high 249.5. another 500 less in my pocket.:D

Haha soon 1k gone too :D

[Goatslooter]

Haha soon 1k gone too :D

the lady told me i missed the 250 highest this week, 2 days in this week? wondering which day? mon-thurs? :eek:

[Dirk Kuyt]

the lady told me i missed the 250 highest this week, 2 days in this week? wondering which day? mon-thurs? :eek:

Saw on tonite's news bulletin moneychangers in Singapore are running out of ringgit. :D

[AtlasShrugged]

the lady told me i missed the 250 highest this week, 2 days in this week? wondering which day? mon-thurs? :eek:

Likely Wed/Thurs Cos online rates at 2.52.
Don't worry you will get your chance :D

[Kalv]

the lady told me ...missed the 250 highest this week, ... which day? ..

Wednesday 11.7.12. Rate coming down - See chart (click on) : http://www.x-convert.com/chart/SGD-MYR?period=14d

Wishing all a nice weekend. :) Cheers.







http://img7.uploadhouse.com/fileuploads/16377/163770300132e48f401a0ad341be842f153d42d1.png

[AtlasShrugged]

SEMBAWANG SHOPPING CENTRE B1
SGD100=RM250
15mins ago!!!!

[Goatslooter]

wow, 250? :confused:

[diputs1269]

Yes 250 Bedok near interchange this afternoon min to change is Sin 300:D

[AtlasShrugged]

wow, 250? :confused:

YES. If you live north, can go there and change.

[KatoeyLover69]

Singaporeans snap up Malaysian property as ringgit weakens

By Clara Chooi
July 22, 2012

KUALA LUMPUR, July 22 — More Singaporeans are streaming across the Causeway to buy up property in Malaysia, taking advantage of the weakening ringgit which has fallen by 2.7 per cent in the past year to reach a 14-year low against the Singapore dollar.

Singapore’s Straits Times (ST) reported today figures from Malaysia Property Inc — an agency that promotes Malaysia’s real estate abroad — showing that the total transaction value of real estate here had spiked by 28 per cent last year to RM137.8 billion from RM107.4 billion in 2010.

Of the total, the paper said, two per cent were foreign investments.

Noting the trend, local agents have also been increasing efforts to lure Singaporeans into investing in the Malaysian property market through heavy advertising, roadshows and road trips for potential buyers to visit sites.

Citing property agency HSR’s overseas department head Donna Lim, the daily reported that the number of exhibition visits from Singaporeans alone had seen a sharp incline from last year.

Property agent Propnex was cited as saying that Singaporeans had purchased 50 units through them in the second quarter of the year, double the amount purchased in the first quarter.

Leisure Farm Singapore head Peter Lim said Singaporeans had bought 35 units in Johor’s Iskandar region over the past two months, compared to merely a dozen in the first two months of last year.

“The weakening Malaysian ringgit, the lure of owning landed property and familiarity with the country are reasons they (Singaporeans) cite for looking north,” the daily wrote.

But although the capital of Kuala Lumpur continues to have its lure, Singaporean investors are finding better familiarity with Johor and are particularly attracted to the state’s bustling Iskandar region.

Citing Malaysia Property Inc, ST reported that in the first half of 2010 alone, foreigners made up only four per ent of Johor’s property transactions for purchases above RM1 million.

“In the corresponding period last year, however, that figure shot up to 25 per cent,” the paper wrote. “Much of the demand has been generated by the buzz over the Iskandar region, earmarked by the Malaysian government as a major growth area for the country.”

According to Edwin Tan, director of the Paragon Residences @ Straits View Malaysia project in Iskandar, Singaporeans booked 116 units during a roadshow earlier this month while only 54 bookings were made by Malaysians.

Apart from Johor, the ST reported that many Singaporeans have also been venturing further up north in Malaysia to scout for potential investments in Malacca, Kuala Lumpur and Penang.

Hunza Properties senior marketing and sales manager Lily Tan was cited as saying that Singaporeans account for some 15 per cent of the firm’s unit sales in its newest condominium Gurney Paragon in Penang.

The weakening of the ringgit against the Singapore dollar is expected to further stimulate demand. It has fallen by 2.7 per cent in the past year to reach a 14-year low against the Singapore dollar,”
----- KatoeyNewsNetwork

[101Brother]

Singaporeans snap up Malaysian property as ringgit weakens

By Clara Chooi
July 22, 2012

KUALA LUMPUR, July 22 — More Singaporeans are streaming across the Causeway to buy up property in Malaysia, taking advantage of the weakening ringgit which has fallen by 2.7 per cent in the past year to reach a 14-year low against the Singapore dollar.



Brother, u all join to buy few shop lot and built as the budget hotel lah....i surely will support your hotel business with daily guarantee 10 room...hehe

[westendgirl]

checked north point could not get 2.50. slightly lower at 2.49.

[scorelan]

CHOA CHU KANG LOT 1 money changer $249.86...:)

[shazidan]

It was 2.5 at Pj Forex at BB Plaza KL.

[steelhorn]

Just came back form JB. Rates at one of the $$ exchane near UOB Bank along Jln Wong Ah Fook MYR$2.48 to SGD$1.00.
Change abit, went to eat my favourite Curry Fish Head before heading the 'little red dot'.
Cheers.

[FatMan]

Jurong Point 23/07/12 3.45pm $100 = RM$250.00 TT RM$250.50

[habbomall]

After custom turn right the only moneys changer next to motor shop it write 2.50 change 100$ 2.53

[Cuntworth]

Bedok Interchange Beside the 4D shop... change SGD$300 above RM250

[AtlasShrugged]

After custom turn right the only moneys changer next to motor shop it write 2.50 change 100$ 2.53

:eek: zun bo?
Lose $$ biz?? Best rate thru out the yr was 252...

[Cuntworth]

Just came back form JB. Rates at one of the $$ exchane near UOB Bank along Jln Wong Ah Fook MYR$2.48 to SGD$1.00.
Change abit, went to eat my favourite Curry Fish Head before heading the 'little red dot'.
Cheers.

The curry Fish Head need to Q ouside the shop ??? The chief cooking outside the stall is abit fat fat de isit??? i like to go there and eat and oso see the female attendant... quite chio oso...:D

[Kalv]

Singapore Inflation Rate was 5.3% last month (June '12). Historically, from 1962 until 2012, Singapore Inflation Rate averaged 2.8 %. MAS normally use Exchange Rate to control Inflation. Singapore $ has strengthened yesterday - 23.7.12. :) Cheers.






http://img5.uploadhouse.com/fileuploads/16389/16389158a9885ed715f6268d321b2cbcfcaff9de.png







Lose $$ biz?? Best rate thru out the yr was 252...
Possible if MC has much MRs to clear (end of day) - scared of losing more if S$ strengthen further next day. :) Cheers.




Singapore/Malaysian Ringgit Exchange Rate Chart: http://www.x-convert.com/chart/SGD-MYR?period=1m

[Kalv]

Just for info. S$ strengthens further yesterday - 24.7.12. :) Cheers.





http://img2.uploadhouse.com/fileuploads/16393/16393291e7669d1fb246ab6cf22b7486ade3a0c8.png








Singapore/Malaysian Ringgit Exchange Rate Chart: http://www.x-convert.com/chart/SGD-MYR?period=1m

[IncredibleHulk]

Today at Chinatown !!!!
CK Chinatown : S100 -> RM250.70.
Peoples Park Complex: S100 -> RM250.50
Peoples Park Centre : $100 -> RM250.50 to RM251.


Hulk:)

[Dirk Kuyt]

Today at Chinatown !!!!
CK Chinatown : S100 -> RM250.70.
Peoples Park Complex: S100 -> RM250.50
Peoples Park Centre : $100 -> RM250.50 to RM251.


Hulk:)

Forex analysts reports say will go up to 2.55 by year end. :p