[Official Thread] Ringgit Exchange Rate

[sevensomerset]

even Ringgit drops to 15-year-low against Singapore dollar - Channel NewsAsia report liao yet our money changer here nt changing !!!

imo, if difference too great, i rather withdraw from Maybank ATM.
Open a SG Maybank acc. here then withdraw RM in JB.

IN current case, internet rate vs. street rate, 2.54 vs. 2.495, difference is 0.045.
Base on last CNY experience, ATM rate is 0.03 lower that internet rate.

 

[coUguy]

old woodlands center display rate 2.465
sunplaza 2.49

 

[amberlight]

jurong point 249 only

 

[digisales]

Jb 251rm last nite

 

[hermes76]

Clementi max they give is 2.495...shall wait & see

 

[poppers]

Malaysia has unlimited stock of RM, so it only make sense for them to sell off RM quickly.

Jb 251rm last nite

 

[zongstudio]

May I know where you change?

Jb 251rm last nite

 

[ki113r]

2.492 @ Jem. For above S$100 only.

 

[Zitrone]

that means, when in MY, withdrawing cash rate is good (no charges at all?) but then changing may not be? Read the disclaimer at the foot note, it reads :

Last Update : 30 Jul 2013 at 11:35:01
Disclaimer : Rates displayed are indicative for the day and subject to change without prior notice. For the latest Currency notes and Remittance rates, please refer to your nearest Maybank branch. can anyone confirm any of this? I have MayBank card, would like to use if rate is favourable.

"Sevensomerset" is right.

The disclaimer warns that the rate fluctuates everyday. If it's 2.499 today, and if you decide to change tomorrow, you should find out tomorrow's rate to be accurate.

Also to note, high volume purchase or purchasing with bigger denomination of SGD gives you better bargaining power in M'sia.

 

[digisales]

I changed at the first moneychanger after the right turn after Shell stretch.(not sure if you understand)

 

[Mayhem69]

imo, if difference too great, i rather withdraw from Maybank ATM.
Open a SG Maybank acc. here then withdraw RM in JB.

IN current case, internet rate vs. street rate, 2.54 vs. 2.495, difference is 0.045.
Base on last CNY experience, ATM rate is 0.03 lower that internet rate.

Hi

withdraw RM in MY, need pay any extra fee like admin fee $5 kind of thing ?

 

[altya1]

I changed at the first moneychanger after the right turn after Shell stretch.(not sure if you understand)

wah, tinking to go change tmr

 

[blushing_guy]

yesterday night changed at JB for 2.512... better rate than here.

Currently in JB can change 2.51. Saw someone post the receipt in FB.

Jb 251rm last nite

Hi all, do you know the exact location in JB?

 

[blushing_guy]

best i got was 252

anything near 250 is good enough

Oh yes, news show 2.54

Dude, your earliest post mentioned that your best rate you got was 2.52 and may I know where's the location which you've received such good rates?

 

[yvette_qi]

best i got was 252

anything near 250 is good enough

Dude. Where the 252? Looking to change more

 

[BillGate888]

Dude. Where the 252? Looking to change more

Online can get. TT transfer via cimb sg to cimb my. FOC.

 

[tee_ys]

Hi all, do you know the exact location in JB?

Next to Federal Clinic opp Pelangi Plaza.
yesterday night 2.505 only.

 

[vaxvms]

Next to Federal Clinic opp Pelangi Plaza.
yesterday night 2.505 only.

chg locally should be better rate than in malaysia nowaday

 

[hermes76]

chg locally should be better rate than in malaysia nowaday

checked several places yesterday locally, din even hit 2.50

 

[k_woei]

Someone walk-in to CIMB raffles, and TT 2.533 with admin charges.

I just do tt at cimb raffles at 9.30am(31/7/13) at the counter. The teller lock me with the rate 2.533. I hv to pay the admin charges. Its still worth compare to the money changer that control rm.

Yesterday's Bloomberg news on Ringgit:
Malaysia Ringgit Drops to Three-Year Low on Bond Outflow Concern | SGMoney-XChange