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Travel Currency exchange

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kaiying
post May 8 2009, 02:43 PM

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QUOTE(reef_d @ May 7 2009, 10:21 PM)
Hi.. i might be travelling to the US East Coast soon so i'll need to change some RMs to USDs.. the current rate is around RM3.50.. there's 2 money changer nearby my home in equine park, my question is:

how do i determine if its good to change money there? based on the current rate of rm3.50 for 1usd, if the money changer charges me rm3.70 per 1 usd.. is that considered reasonable? or very bad exhange rate for us? then what exchange rate values are considered good for us?

thanks!
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this is how i see it whenever i change money. you look at the selling rate cuz they will be selling you other country notes. if those eg, 1 USD to RM 3.50.. then another one is to RM 3.70, i wil take the smaller ones. cuz after u divided up, u get more if the diff is small.

correct me if im wrong. or if got easier ways please let me knoe. cuz i always noob in ffront of money changer for a long time before i change cash. hehe

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