INR to SGD

[Din0saurus]

Anyone has figured out a way to convert INR to SGD here? Denominations of 500 and 1000 specifically.

Money Changer - Not at the airport, Not at mustafa
Deposit in Indian Bank - No, according to a friend who checked
Western Union - ???

 

[kitkat2]

Anyone has figured out a way to convert INR to SGD here? Denominations of 500 and 1000 specifically.

Money Changer - Not at the airport
Deposit in Indian Bank - No, according to a friend who checked
Western Union - ???

even indian FT's here have no way. your best bet is go back to india before dec 30 and stand in the line.

rupees are not supposed to be brought out of the country and now with 500 and 1000 notes declared not legal tender...many people holding these notes outside india are out of luck.

some enterprising people might offer to buy them at a discount.

 

[a1v1n_]

The Qs are really long.

Sent from Sent from ME using GAGT

 

[[a]ries]

try ur luck at mustafa those money changers. i managed to changed back.

 

[belleb]

You can try arcade lvl 2, went a couple of days ago to convert it back to SGD

 

[Din0saurus]

even indian FT's here have no way. your best bet is go back to india before dec 30 and stand in the line.

rupees are not supposed to be brought out of the country and now with 500 and 1000 notes declared not legal tender...many people holding these notes outside india are out of luck.

some enterprising people might offer to buy them at a discount.

going to india is not viable since the amount I'm holding is not even enough for airfare. then there's the daily limit of 4,500rs so I would have to stay for a while just to queue every morning. I think my accoms might breakeven or cost more.

didn't know that rupees are not supposed to be brought out of the country. interesting law they have there.

try ur luck at mustafa those money changers. i managed to changed back.

thank you so much! shall head over tmr.

You can try arcade lvl 2, went a couple of days ago to convert it back to SGD

this shall be plan b.

 

[kitkat2]

going to india is not viable since the amount I'm holding is not even enough for airfare. then there's the daily limit of 4,500rs so I would have to stay for a while just to queue every morning. I think my accoms might breakeven or cost more.

the daily limit has been reduced to 2000.

didn't know that rupees are not supposed to be brought out of the country. interesting law they have there.

there are notices posted at airport departure. india is another kiasee country like nepal and china.

better hurry to the money changers here while they still accept them.

 

[a1v1n_]

try ur luck at mustafa those money changers. i managed to changed back.

You can try arcade lvl 2, went a couple of days ago to convert it back to SGD

what rates did you get?

 

[Din0saurus]

mustafa is a no go. both shops put up paper signs about not accepting 500s and 1000s.

 

[belleb]

what rates did you get?

1.20 for every 100 rupees.

 

[Din0saurus]

1.20 for every 100 rupees.

That is really really bad. But beggars can't be choosers I guess!

 

[kitkat2]

That is really really bad. But beggars can't be choosers I guess!

50% discount?!

 

[Din0saurus]

50% discount?!

spot rate is 2.08. 40% discount.

 

[xteam88]

Hi all, did you manage to get it change? any ideas which place still can change now.... went clementi last evening, all dun accept le...

 

[altya1]

Hi all, did you manage to get it change? any ideas which place still can change now.... went clementi last evening, all dun accept le...

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I just changed mine at arcade level 2, quite a few shops all offered to change old notes but at the heavily discounted rate below.. But beggars can't be chooser right?

I changed at the last shop, 1.25 for 100 rupee.