Quote:
Originally Posted by meatlover
That is and was never the case. Even if you change S$10K in bank in SG, the rates will never be higher than in Batam. Unless you kanna chop when changing money in Batam.
Just FYI, even the exchange rates in Jakarta are not as good as in Batam. The rationale is because Batamese value the SGD highly.
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Strangely..., I went to Arcade at Raffles Place. Two money changers quoted $1=5800RP, a few others $1=5750, and not so popular ones $1=5700. At Batam ferry terminal, it was $1=5800. Then again, the rupiah could have devalued in over 3 days.
Anyway, at the end of the day, we don't change that much money for such a big difference. Only thing is, gotta look at the zeros carefully.