Exchange Rate

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Vegitto

Vegitto

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hmm, if use sgd2000 as a base...

bank of taiwan sgd to twd is 22.2. so sgd to twd direct is 44400

bank of taiwan usd to twd is 31.11, so sgd to usd(1.398) to twd is 44506

only better by 100nt if u change sgd2k
 
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k1180n

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k1180n said:
Thank you for the info. I will change USD in SG and change to TWD at taoyuan airport. As of now, I could get 22.44 rate. I think my calculations should be correct.

S$1.39 - US$1
US$1 - TWD 31.205
So 31.205/1.39 = 22.44

I'll be there this Friday so don't think the exchange will fluctuate much.
Click to expand...

Hi again, the method above gives a better rate. I had some NZ$ left over to change so because of that, I have to pay a separate NT30 charge. Just something to note. The rate on this website is accurate - http://rate.bot.com.tw/xrt?Lang=en-US.

I was also on SQ878 flight today. Seems like many of us were on the same flight.
 
IcYFl4mEz

IcYFl4mEz

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StanII said:
i reached earlier in the morning on Scoot instead.

Rate was 31.115 only, I kanna admin fee for older USD note also, sianz

USD dropped abit compared to 2 days back.
Click to expand...

but you still get about 22.4 right
 
sunht

sunht

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k1180n said:
Hi again, the method above gives a better rate. I had some NZ$ left over to change so because of that, I have to pay a separate NT30 charge. Just something to note. The rate on this website is accurate - http://rate.bot.com.tw/xrt?Lang=en-US.

I was also on SQ878 flight today. Seems like many of us were on the same flight.
Click to expand...
Haa, so the guy in front of me exchanging SGD and NZD might be you.:).

Anyway, yah, USD rate to NTD has dropped.

Sent from NEXUS 6P using GAGT
 
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ASummerDay

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Vegitto said:
hmm, if use sgd2000 as a base...

bank of taiwan sgd to twd is 22.2. so sgd to twd direct is 44400

bank of taiwan usd to twd is 31.11, so sgd to usd(1.398) to twd is 44506

only better by 100nt if u change sgd2k
Click to expand...

For that little is not worth. Have to take the trouble to change usd and have to take the risk of usd fluctuations.
 
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Zirc@@

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Vegitto said:
hmm, if use sgd2000 as a base...

bank of taiwan sgd to twd is 22.2. so sgd to twd direct is 44400

bank of taiwan usd to twd is 31.11, so sgd to usd(1.398) to twd is 44506

only better by 100nt if u change sgd2k
Click to expand...
hmmmm cant be so little right just 100ntd different for changing S$2k.

how i calculate, for eg base on today Mega Bank rate
U$1 = NT31.17
S$1 = NT22.15
Changing SGD to USD in SPORE. U$1 = S$1.39

Using S$2000 as calculation, this will convert to U$1438.85
U$1438.85 x NT31.17 = NT44,848.92
NT44,848.92 / NT22.15 (e rate from 1 SGD to NT) = 22.42

So how much will u 'earn' if u use this method to exchg, using back S$2k as our base.
if chg in spore: $2000 x NT22 = NT44000
if chg in taiwan using the SGD-USD-NTD method:$2000 x NT22.42 = NT44840
There is a difference of NT840 which is abt S$38!!!!!.
 
twosix

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Zirc@@ said:
hmmmm cant be so little right just 100ntd different for changing S$2k.

how i calculate, for eg base on today Mega Bank rate
U$1 = NT31.17
S$1 = NT22.15
Changing SGD to USD in SPORE. U$1 = S$1.39

Using S$2000 as calculation, this will convert to U$1438.85
U$1438.85 x NT31.17 = NT44,848.92
NT44,848.92 / NT22.15 (e rate from 1 SGD to NT) = 22.42

So how much will u 'earn' if u use this method to exchg, using back S$2k as our base.
if chg in spore: $2000 x NT22 = NT44000
if chg in taiwan using the SGD-USD-NTD method:$2000 x NT22.42 = NT44840
There is a difference of NT840 which is abt S$38!!!!!.
Click to expand...

Actually the rate is 31.19 today, is meaning you save more.
 
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Cynn2016

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Does that mean, regardless if the rate for usd fluctuate abit in taiwan, the rate i change from sgd to usd and then to twd will only benefit me?

Zirc@@ said:
hmmmm cant be so little right just 100ntd different for changing S$2k.

how i calculate, for eg base on today Mega Bank rate
U$1 = NT31.17
S$1 = NT22.15
Changing SGD to USD in SPORE. U$1 = S$1.39

Using S$2000 as calculation, this will convert to U$1438.85
U$1438.85 x NT31.17 = NT44,848.92
NT44,848.92 / NT22.15 (e rate from 1 SGD to NT) = 22.42

So how much will u 'earn' if u use this method to exchg, using back S$2k as our base.
if chg in spore: $2000 x NT22 = NT44000
if chg in taiwan using the SGD-USD-NTD method:$2000 x NT22.42 = NT44840
There is a difference of NT840 which is abt S$38!!!!!.
Click to expand...
 
twosix

twosix

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Cynn2016 said:
Does that mean, regardless if the rate for usd fluctuate abit in taiwan, the rate i change from sgd to usd and then to twd will only benefit me?
Click to expand...

Of course not. If us$ drops too low over the threshold, you'd lose money vs direct conversion from S$.
 
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