I was there Yesterday Nite haha. Rate at the LG Ctr court MV Forex wth long que!! = 37.50 and inisde NZ magazine store = 37.40. I changed there.
Expecting to rise Today bcos Yesterday closing BNM rate was at 37.16 from last Friday 36.92

Fuuuu...If you bought Yesterday already..you & me probably lucky liao..This Morning Yen suddenly rose to 37.63...Meaning those money seller for sure increase the rate to atleast 37.90 or 38 Today!!
http://www.bnm.gov.my/statistics/exchangerates.php

I din recommend anything from Lot10 b4 wor but yes at those Money changers outside BB Plaza.. (There are one island booth stalls on the walk).. Those money changers there probabky the cheapest in town so if for eg MV offering 37.6 as per yesterday, expecting 37.40 outside BB palza. I hv been monitoring closely the differences wth both BB Plaza & MV since last mth haha

But Today rate, I dun think will maintained..Even the BNM rate already RM37.53 now...easing abit compare to this Morning..So 37.90 is just OK comparing to BNM rate .

For Taiwan, Try changing to US$ 1st & thereafter in Taoyuen airport swtch to NT$.. It's cheaper this way although paying double commission. You save ~ RM30-RM40 for every RM1K you change from my rough calculation. Furthermore, the Taipei airport money changer selling up to market rate wth NT$30 for each transaction irregardless of amt.. That's the best you can get..but not RM hor.. US$

Not sure, you can check the Taoyuen currency exhange rate posted in the front of Taiwan thread and compare it wth bank negara & current money changers rate... I no longer follow NT$ movement for so long

Most money changers do not accept coins and small denominations for sure.

Huh since when the rate drop so low to 36.2? The best I think Early last mth ~ 37.1 for a day or two before going up 37.5, 37.3 & now probably ~ 38.3 till 38.8

If you can get 37, you will be getting much better than Bank negara rate liao haha http://www.bnm.gov.my/statistics/exchangerates.php

Can't be. Last mth I changed on the 2nd or 3rd day when the rate at the lowest for the year and that also 37.40 when Bank negara was at 36.4 at the lowest. And no one can get lower than BNM Impossible to be so low.

http://www.bnm.gov.my/index.php?ch=12&pg=6...ype=Mid&unit=rm

Up to you to judge. I also followed Yen rate since late Jan till I got it at the 2nd lowest rate in Mid Valley too ~ early Mar and that was at 37.4 when BNM ~ 36.7 if I can recall. I fyou check back the BNM, rate which is the median rate, the lowest was ~on 15/3 i.e 36.37. At this rate, the lowest any money changer can offer probably ~ 37.1 to 37.5 from my experience. They will not sell lower than BNM rate

Well, you try-lah asking your friend to show the small slip the money changer give to him..

If we are really god or godalike, probably we can predict when is the best time to change liao haha.. Just change at any money changers closer to you with the best rate unless you are willing to goto far away Money changers but incurring toll, fuel & parking.

The best rates as lotsa us posted much earlier here inc those around

- BB Plaza & Sg Wang
- Mid Valley LG Ctr Court & NZ news/magazine
- Ikano - Opp Uncle Lim
- Mesjd India & more

Just do survey.. it's just like buying Montel Banana from Tesco, Carrefour or Giant.. They undercut each others at diff timing

Certain countries, yes I agreed, the rate will not be competitive esp those currencies which are well traded locally like US$. Ruppiah, S$, HK$, Yen & etc however, for those currency that are not well traded in M'sia for eg. Korean won, NT$, Dong & etc.. Withdrawal from oversea ATM or even using credit cards in oversea in those countries are slightly cheaper than Money changers rate in M'sia

So really depend on the traded rate of those currency here in M'sia

Why you prefer Ringgit weakens pulak? You are selling your foreign currency kah haha.. bcos those buying Foreign currency for Holiday purposes are waiting for RM to be stronger & not weaken

This post has been edited by stimix: Apr 23 2012, 11:09 AM

Ehhh Are you sure you see the selling rate & not buying rate?? I just check BNM rate where none of money changer will sell below the selling rate of BNM & They will not buy anything higher than BNM buying rate..and Today BNM @ 11am:
RMB..48.16 Buy & 48.22 sell

It is indeed impossible for them to sell below 48.22.. The best ~ 49 .. For buying, It's also impossible fo rthem to buy from you higher than 48.16 and the best should be ~ 47!! So that IOI mall is indeed qouting Buy rate-lah and at 46.5 Is actually very low liao...for those wanna change back from RMB to RM

haha.. now you're talking ....Kenot be lower than BNM wan ..otherwise, I also garuX2 my head how do they manage to sell at lost

Not bad liao.. The IOI mall wan certain currency is cheap but not all.. I checked just now at Carrefour Puchong Money changer - RMB48.80

Not sure the current Thai baht rate in Money changer... if it's not much diff from Bank Negara rate meaning you're getting very competitive rate here dy.. just change locally. Withdrawal via ATM but each witdrawal will attract expensive commission depending on banks fee structure (Can be <RM12 to RM15 per withdrawal

If not easy to find meaning surely badly traded as well. Just change to US$ 7 change back once you're there

This you have to ask god liao

Just look around KL Sentral area. Although no one reporting about the rate there. Just for convenient, willing to forfeit a little bit of $$ to change at KL Sentral more than the time you wasted + trpt cost going to BB Plaza & etc..

Ipoh no idea.. You really need to compare any money changer there yourselve.. I'm based in Klang Valley..Seldom goto Ipoh