thai baht rate update

[Nismo_boy]

Thank you bros who provide me with the exchange rate. Im also quite surprise with the rate .

[nama75007]

ya think golden mile's rate is one of the highest in sg

[jinrenhe]

Originally Posted by apui

bro, i juz change at golden mile yesterday..
its 1 to 23

wow that's high... btw can senior bro explain how come money changer seem to offert better rates than those i see on bank website ?

so it's better to go money changer than bank for change of currency? i always tod bank offer better rates since they have economies of scale (sorry newbie to this foreign xchange stuff... but plannin to go BBK soon)

[scorelan]

In my opinion, these are the rating for the money changer in singapore:

1) Golden Mile
2) Geylang Between Lor 10 & 12. (Beside is a provision shop)
3) Bugis Junction (road junction beside UOB & DBS atm machine)
4) Choa Chu Kang LOT 1 Shopping Centre (Basement 1)

Pls correct me if i am wrong. For sharing.

[Highfive]

got the rate in chinatown, people's park centre, about S$1=TB23.15 on monday, there are many money changer in china town, ask around to get the best rate.

[juswan2knwu]

Originally Posted by jinrenhe

wow that's high... btw can senior bro explain how come money changer seem to offert better rates than those i see on bank website ?

so it's better to go money changer than bank for change of currency? i always tod bank offer better rates since they have economies of scale (sorry newbie to this foreign xchange stuff... but plannin to go BBK soon)

Yes, they hav economies of scale but those saving R nt passed 2 ordinary folks, lik me who go & change 4 $1~2k ONLI. If U wan 2 open a term saving account (3mth or more) in FX, then maybe k100k~500k k give U a better rate, otherwise, U mus be able 2 change millions 2 enjoy those high inter-bank rate.

Since there's so much money-changer, tat's why money-changer mus give better rate than bank, except 4 those super unpopular currencies where very little ppl chg, then the money-changer mus need 2 charge higher comission as they oso knt gt better rates fm bank since they oso dun enjoy benefits of scale.

Orchard Rd gt gd rates 4 USD$.
Golden Mile gt gd rates 4 Baht$.
Wdlnd gt gd rates 4 Ringet$.
...

[apui]

in Chinatown Peoples park complex also got not bad rates

[jinrenhe]

Originally Posted by juswan2knwu

Since there's so much money-changer, tat's why money-changer mus give better rate than bank, except 4 those super unpopular currencies where very little ppl chg, then the money-changer mus need 2 charge higher comission as they oso knt gt better rates fm bank since they oso dun enjoy benefits of scale.

Orchard Rd gt gd rates 4 USD$.
Golden Mile gt gd rates 4 Baht$.
Wdlnd gt gd rates 4 Ringet$.
...

thanx for the info...

wah now i know where to go for info for money-changing... this forum rely solid, provide info for everything from gals to even money changer... really bao kah liao

[Nismo_boy]

Hi Bros,

Evening went to Golden mile to check out the price becos going Bangkok on 1 Mar. Check all the prices and the highest is $1 = 23.10 Baht

[popiah]

hi all,

Now in Bangkok, two days ago, i was at Golden Mile to change to some thai baht and scouting around for a good rates....let me recommend one exchanger to you all....

If you are facing the golden mile, extremely left side....one of the biggest remittance stall also....can try out the rates first....

their rates on that day is 22.95 baht....others is 22.75 baht...

signoff
Bangkok Popiah

[Devil73]

Bro Popiah,

What is the rate in BKK huh? Can update? Thanks alot!

[yinyang]

Originally Posted by Devil73

Bro Popiah, What is the rate in BKK huh?

Let me change your bt1mil for you. To nearest 1 decimal place, rest is for my service to you.

[Devil73]

Originally Posted by yinyang

rest is for my service to you.

Your service? No thanks lah....me very the scare leh..... I rather find one WL service me....hahahahahaha

[popiah]

Originally Posted by Devil73

Bro Popiah,

What is the rate in BKK huh? Can update? Thanks alot!

hi bro devil,

As per your request, i had just change some Sg into thai baht at 22.97 at licensed Money Exchanger beside Grand Westin hotel.

signoff
Money Popiah

[Devil73]

Originally Posted by popiah

hi bro devil,

i had just change some Sg into thai baht at 22.97 at licensed Money Exchanger beside Grand Westin hotel.

signoff
Money Popiah

Thanks Bro Popiah for your info. Thanks again