You probably go and change NT$ using RM haha.. As advised, change to US$ 1st or change here although rate is bad well atleast RM to NT$ still better here rather than RM to NT$ at taiwan.

No. I didnt do that.

I doing business there and i monitor currency exchange frequently.
And its NOT ADVISIBLE to change ur RM to USD and then change TWD at taiwan. You get less than changing directly RM to TWD

It's proven strategy wor..just check the calculation I posted on pg 1.. There is link to real-time Airport exhange rate & here for comparison

Your strategy... i ever tried this method years ago.
But end up?
one word TROUBLE


Taking current exchange rate,

Say, wanted to buy TWD 10,000,
Your method:
TWD<->USD : 330.57 (30.25)
USD<->RM : 1065+/- (3.217) (incl charges at Taiwan)

Local exchange method:
TWD<->RM: RM1045+/- (10.46) Base on the rate i saw at Mid valley 2 days ago)

buying TWD10,000 you lost RM20+/-, the more you go with your method, the more you lost

Your method might works sometime, but it's so depend on certain situation. So for me, i would hold my horse

This post has been edited by storm88: Oct 7 2011, 09:16 AM

where did u see the 10.45 rate in Midvalley? Every shop I check in MV is asking for RM10.85 for TWD100

If I change RM1000 to TWD in Midvalley I get ~TWD9216 (rate is 10.85 for TWD100)

Alternatively for RM1000, I get ~USD315 (rate is RM3.17 for USD1)
Based on http://rate.bot.com.tw/Pages/Static/UIP003.en-US.htm, they will buy USD at TWD30.19500 so i get TWD9511.

So I get nearly TWD300 extra, so minus the TWD30 charge mentioned by stimix, i still come out ahead.

This post has been edited by zenquix: Oct 7 2011, 11:37 AM

MV do have those few money changer only. They post the same rate.

Anyhow, it's up to you which method you wanted to use.

Anyway, the amt you save from doing conversion from RM to USD & To NT$ in Taiwan is ~ RM30 per every RM1000 you change.. If you feel thios amt is small, yeah changin g direct RNMto NT$ also can up to you

Nowadays I go TW also directly withdraw from ATM or use CC to do cash advance.

Night markets in TW is just very common, apart from XMD or ShihLin, there are plenty of other small night markets.

Wish I can go TW one day for vacation instead of work.

where is TYAP?

Ya, i was using ATM as well, easier and normally cheaper than money changer.

i went to MV yesterday. the money changer there was selling NT100 = RM10.83 (the one on the ground floor, next to some escalator).

I think 10.46 could be when you sell NT$ back to them.

If you dont want too much trouble, best to change RM to NT$ But if i can save like rm50++ (changing RM2K+), i'd prefer to use the method posted by stimx

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Added on October 9, 2011, 7:01 pmI plan to activate my ATM card for overseas cash withdrawal during my TW trip. Normally how much would they charge if I use this service in Taiwan? I heard there's a one time fee per withdrawal transaction every time we use it.

This post has been edited by GKilla: Oct 9 2011, 07:01 PM

http://rate.bot.com.tw/Pages/Static/UIP003.en-US.htm
From here, it's written, MYR (selling) = 10.327
Meaning to say MYR1 = NT$10.327?
Will it be better to bring MYR to change in taiwan itself?
Correct me if i'm wrong....
Thanks

They charge you. For Maybank, it's RM12 per charge each time you withdraw (for Maybank). As for other banks, I'm not that sure but I think PB charges RM10 for each transaction.

hi guys
I ll be going Taiwan next month
and been checking out on currency exchange
understand that the best is to change myr to USD then from USD to ntd at taoyuan airport

i ve two questions
- the USD had been strengthening against the myr past weeks
will it be better to change myr to ntd here instead?

-this is on money changer. I read the thread on currency exchange which states that there are lotsa good ones at bb plaza. I went there yesterday to check the rate. most are selling at the standard 10.8 rate
however there was one that stood out, with a pink signboard i think. it was selling at 9.25 

have any of u came across a money changer offering exceptionally good rate at bb plaza? I'm wondering if it is dodgy....cos it seems pretty good
[/quote]

This post has been edited by ruzzlacwe: Oct 10 2011, 09:55 AM

9.25 seems to be too good to be true. if it's me i dun think i wanna change there. better find a reputable money changer.

This post has been edited by aiyume: Oct 10 2011, 10:14 AM

crazy meh? Impossible for money changer of having rate 10% lower than market rate of ~ 10.3.. If true better fast wor, that Money changer habis liao

HELLO GUYS!!!!
Anyone has any idea what is the cheapest airline to go to Taipei?
Below are my requirement.
Please advise.


Departure Date: 9 Dec 2011 or 10 Dec 2011 (Must be after 10pm for 9 Dec 2011 and morning for 10 Dec 2011)
Depart From KL or Penang (please include traveling fee from KL to Penang)
Return Date: 18 Dec 2011
Return To KL or Penang (please include traveling fee from Penang to KL)



Plan to have a semi family trip with my sister to Taiwan end of this year.

TaoYuan AirPort

You do know that we are not travel agents and that this is a forum right?

Kindly use GOOGLE to search or go to respective airline's website to get the price for airfare.

i think you a little bit not getting my meaning.
okay maybe i just share my experience. The method i used:

1. Traveller Cheques
2. Buy TWD locally
3. Buy Euro and convert TWD at Taiwan
4. Buy USD and convert to TWD at Taiwan
5. Buy TWD locally, but end up exchange extra TWD with RM at TWD (The most not worthy)
6. Activate Via ATM with HSBC
7. Have a account at Taiwan and Transfer $ oversea <- i uses this method now

I tried so many method, And Euro and US method sometime works, sometime not. It's not stable and that's what i trying to said this can't be categorized as PROVEN method

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Added on October 10, 2011, 10:35 pmit's possible if its a bargain rate

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Added on October 10, 2011, 10:44 pm9.25? its not possible la. few years back lowest i seen was 10.1x

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Added on October 10, 2011, 10:52 pmUSD is shooting up recently especially these few weeks. You monitor the movement. If not you might end up paying extra, also paying extra time for same work.


btw, Saying about next month, i might be at Taipei already. See got chance to be tour guide anot

This post has been edited by storm88: Oct 12 2011, 04:59 PM