Yen Exchange Rate Watch

T

Tormented Soul

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Changed 12.43, Chinatown.

Not much difference if 2k. Travel all the way there to change transport fare also more expensive liao.
 
J

jnashville

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LIN_JOEL said:
Today's rate should be around 12.45 in the noon.

SGD $2k for rate 12.50 vs 12.40 is SGD $16 diff.

1000/ 12.50 = 80Yen per $1 SGD
SGD $2K * 80 = 160,000

1000/ 12.40 = 80.645 per $1 SGD
160,000/ 80.645 = $1984

Unless u changing more than $2k, waiting for Yen to drop much more than 12.40 or stay/work near arcade.
Change half will save you $8 but u got to monitor Yen movement and able to reach arcade and change before there's any movement.

Does the $8 saving worth?
Click to expand...

Hi wanna clarify on the calculations. So the lower the exchange rate the better? Meaning 12.4 is better than 12.5?

Because i always baht and ringgit is higher the better example ringgit, 2.8 compare to 3.15, definitelt 3.15 is better.

So this yen exchange rate is yen to sgd and not sgd to yen ya? Hmm buy why not use the other way which is example exchange rate 80, so just use 1sgd x 80..
 
Last edited:
N

nemo88

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Tormented Soul said:
Yup lower the better.

Don't know why they don't use the 80 figure, ask the money changers haha
Click to expand...

Probably because currencies like USD, EUR, JPY are the global reference currencies and better to manage across platforms using that as the base instead of SGD.
 
L

lookingahead

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LIN_JOEL said:
Today's rate should be around 12.45 in the noon.

SGD $2k for rate 12.50 vs 12.40 is SGD $16 diff.

1000/ 12.50 = 80Yen per $1 SGD
SGD $2K * 80 = 160,000

1000/ 12.40 = 80.645 per $1 SGD
160,000/ 80.645 = $1984

Unless u changing more than $2k, waiting for Yen to drop much more than 12.40 or stay/work near arcade.
Change half will save you $8 but u got to monitor Yen movement and able to reach arcade and change before there's any movement.

Does the $8 saving worth?
Click to expand...

Thanks for the clear explanation. :)
 
N

nemo88

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The ones at Clementi central are not bad. Either basement of Clementi mall or inside Cityvibe. There's also one outside next to Citvibe.
 
F

freeman5js

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03-03-2017 (345pm)

Just changed at arcade.

12.395

the best rate out of all the money changer, 345pm , 03-03-2017
 
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