Exchange Rates for RM

[PuteriWorld]

I believe its true.

Due to currency conversions, many Singaporean business owners in Malaysia are laughing to the bank.

Save RM10000 a month? You are disgusting bro

 

[xebay11]

I believe its true.

Due to currency conversions, many Singaporean business owners in Malaysia are laughing to the bank.

Why so? Their profits, if denominated in RM would have fallen alot if they bring back to SG.

 

[Frodo]

Why so? Their profits, if denominated in RM would have fallen alot if they bring back to SG.

I believe the joy is in NOT bringing back to SG....but enjoying it in MY.

 

[Manhattan]

Stanchart says rm is extremely undervalued and will rebound next year. If it is true, folks, you know what to do.

http://www.thestar.com.my/Business/...tremely-undervalued-says-StanChart/?style=biz

 

[EDTBA]

Stanchart says rm is extremely undervalued and will rebound next year. If it is true, folks, you know what to do.

http://www.thestar.com.my/Business/...tremely-undervalued-says-StanChart/?style=biz

The same thing was said since July: http://www.thestar.com.my/Business/...ued-based-on-economic-fundamentals/?style=biz

 

[enjoylife77]

Reuters RM$3.0643

 

[bakkuttay]

Reuters RM$3.0643

above interbank rate

best at arcade noon today - rm3.04

 

[whoami]

Bdk Int MC 3.04

 

[Narmi]

Today komtar jbcc rm3.05

 

[xebay11]

Bank transfer via DBS to CIMB Malaysia 3.04 yesterday, from the comfort of my office.

 

[potter]

Raffles 3.046.

 

[sgcount]

Bank transfer via DBS to CIMB Malaysia 3.04 yesterday, from the comfort of my office.

Sorry a beginner's question here...

So you mean you have a DBS Singapore account here, and then you transfer from SGD to RM into your CIMB Malaysia account? Are there any charges?

Your rate looks very good. I thought for such cases, need to go through remittance company.

 

[xebay11]

Sorry a beginner's question here...

So you mean you have a DBS Singapore account here, and then you transfer from SGD to RM into your CIMB Malaysia account? Are there any charges?

Your rate looks very good. I thought for such cases, need to go through remittance company.

Yes just open a Malaysia CIMB account, now DBS can do overseas transfer to Malaysia for free, up to 31st December only. What I did was also setup a Singapore CIMB account, this one you can transfer to MY CIMB free permanently. Actually physical change money in Johor is usually better, but sometimes I cannot go to Johor and know that there is a good rate, I do Internet transfer, at least can catch the good rate.

 

[cybermad]

DBS TT rate 3.049 !

 

[cow138]

Realise if the rate changes very fast the bank rates will be higher then the money changer.. Else outside will usually be better..

 

[enjoylife77]

Reuters RM$3.0671.
Not sure if weakness will continue till CNY.

 

[kawan2sgmy]

Anybody can share how can I change ringgit to S$ with minimum exchange rate loss?
For online banking, there is a charge of RM25, on top of that the exchange rate was like 3.11 from M'sia bank to S'pore bank.
S$ to RM from S'pore money changer was like 3.05.
For a fairly big sum of RM, the exchange rate loss is quite significant.

Reuters RM$3.0671.
Not sure if weakness will continue till CNY.

 

[relaxmannn]

I believed our forum bros will be happy to change with u at RM3.10 or RM3.09.
Both win win..

 

[angmokio]

Kawan, I would be happy to change with you if your offers are good. we can discuss on that. If ok to you, send me a private message with your mobile number. thanks

 

[angmokio]

Anybody can share how can I change ringgit to S$ with minimum exchange rate loss?
For online banking, there is a charge of RM25, on top of that the exchange rate was like 3.11 from M'sia bank to S'pore bank.
S$ to RM from S'pore money changer was like 3.05.
For a fairly big sum of RM, the exchange rate loss is quite significant.

may I suggest if its simpler, transfer to my ocbc jb bank account and I pay you in sgd