Exchange Rate

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seahorse

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my friend just change at Taoyuan T1, rate was $1 = NTD23.02
Causeway point rate was $1 = NDT22.30
If u were to change $3000, the different is NTD2160, abt $90+
 
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calkel20

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seahorse said:
my friend just change at Taoyuan T1, rate was $1 = NTD23.02
Causeway point rate was $1 = NDT22.30
If u were to change $3000, the different is NTD2160, abt $90+
Click to expand...

DBS Taiwan rates

If only you are savvy enough to know where they are, you will save even more. Or wait for others to post the exchange rate from Arcade at Change Alley.
 
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calkel20

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Sat at taoyuan airport was 22.98. Still need to minus the 30ntd service surcharge. But dbs taiwan if u got time to ssrr nearby.
 
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kunming16

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Just check in chinatown, best rates is 1 sgd to twd 22.85 unfortunately sold out. Next best rate is twd 22.82. At the least is 22.70.
Can anyone check what's the rate in arcade today?
 
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dreamyboy

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When did the Taoyuan airport exchange rate become so lousy? :( Still one of the best when I went in 2011.
 
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hydrodog

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Alpha_Hippo said:
It is their government articifially pumping in money to keep the dollar at this level. See how much they can bleed before calling it a stop:):o
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No leh..it's mainly because their big neighbours are not doing well, and also Taiwan reported higher than expected growth for Q2.. Hence currency strengthened. There are simultant for inflow of funds due to infrastructure projects and it is not expected to stop. Not to mention low interest rate. Moreover, Mr Ma release news that he will not be driving down the currency to boost export.. Overall sentiment is that Taiwan is in for growth this year, especially in Q3, with new trading agreement with other countries to seek closer trade ties to reduce its reliance on China. Many believe the rally will continue for sept and oct, with some hopeful that Q3 will report slower growth to offset Q2's result.
 
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calkel20

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hydrodog said:
No leh..it's mainly because their big neighbours are not doing well, and also Taiwan reported higher than expected growth for Q2.. Hence currency strengthened. There are simultant for inflow of funds due to infrastructure projects and it is not expected to stop. Not to mention low interest rate. Moreover, Mr Ma release news that he will not be driving down the currency to boost export.. Overall sentiment is that Taiwan is in for growth this year, especially in Q3, with new trading agreement with other countries to seek closer trade ties to reduce its reliance on China. Many believe the rally will continue for sept and oct, with some hopeful that Q3 will report slower growth to offset Q2's result.
Click to expand...

Econs students spotted!
Whatever it is, hope will get to 23.5 at least...
 
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