Exchange Rate

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kevin301

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as u can see i did mark down frm online rates :s22: usually is abt 4cent diff

it looks like their 'margin' is around 3-4%, so if a currency is close to 1:1 with our S$, then 4c is about right
But NT$ is 23+, so 4% is about 0.9
So if inter-bank is 23.9 then money changer should be about 23.
Otherwise wasting time for them ba :)
 

d3fc0n

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it looks like their 'margin' is around 3-4%, so if a currency is close to 1:1 with our S$, then 4c is about right
But NT$ is 23+, so 4% is about 0.9
So if inter-bank is 23.9 then money changer should be about 23.
Otherwise wasting time for them ba :)
true true.. at least yr reply is constructive
 

calkel20

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it looks like their 'margin' is around 3-4%, so if a currency is close to 1:1 with our S$, then 4c is about right
But NT$ is 23+, so 4% is about 0.9
So if inter-bank is 23.9 then money changer should be about 23.
Otherwise wasting time for them ba :)

true true.. at least yr reply is constructive

Ultimately for the last year, DBS.TW gives the best rates that not even BOT, MEGABANK can match.

So instead of asking how much, go down to money changer and check. Then compare with the rates from you mobile phone from those of MEGAbank and BOT. That will give you a fair rate to compare.
 

d3fc0n

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Ultimately for the last year, DBS.TW gives the best rates that not even BOT, MEGABANK can match.

So instead of asking how much, go down to money changer and check. Then compare with the rates from you mobile phone from those of MEGAbank and BOT. That will give you a fair rate to compare.
but that is the purpose of this thread isnt it? u like that say might as well ask mod close thread
 

calkel20

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but that is the purpose of this thread isnt it? u like that say might as well ask mod close thread

Can ask the mod to close lor, if you think so. Or whatever you feel like. That's why i come in without being on the offensive side.
 

kevin301

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Yesterday at Taoyuan airport, buy (cash) S$ @ 23.3+ if my eyes and memory did not deceive me.
 

toothx

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I kept reading buy buy buy on this thread so when I went arcade just now I checked the buy price too =.=

FYI, got it at 23.08 at Arcade today.
 

kevin301

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:s11: How does the buy price affect me if i want to get TWD in Singapore? sorry i catch no ball.

I guess sometimes it's a little confusing depending on which country you are at.

In Singapore they are selling NT$ to you.
In Taiwan they are buying your S$ in exchange for NT$.
So different column depending on where you are at.
 
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