QUOTE(supersound @ Apr 30 2015, 09:32 AM)
i know...no tax there ringgit Malaysia drop , how to I change my RM to USD
ringgit Malaysia drop , how to I change my RM to USD
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Apr 30 2015, 10:45 AM
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3,581 posts Joined: Oct 2007 From: everywhere in sabah |
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Apr 30 2015, 12:20 PM
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11,554 posts Joined: Aug 2009 |
QUOTE(psyduck89 @ Apr 30 2015, 10:08 AM) What type of safety/security you are talking about?I can take out 5000-10000 with people watching behind also feel safe. My friend that bought his Toureg bring all cash to the dealer QUOTE(Kaka23 @ Apr 30 2015, 10:26 AM) Freaking cheap, rm170k only.QUOTE(MR_alien @ Apr 30 2015, 10:45 AM) Have tax, but no AP |
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Apr 30 2015, 12:33 PM
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All Stars
48,447 posts Joined: Sep 2014 From: REality |
QUOTE(AVFAN @ Apr 30 2015, 10:06 AM) 3.3->3.5->3.7->3.5->....3.3? when price goes up, veli hard to come down.. that's fact we needed to accept while these gyrations going on, we see prices of daily essentials go up (and gst too). every biz waves a reason to raise price, incl roti n kopi. now, if rm does return to 3.3, does anyone see those prices coming down? |
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Apr 30 2015, 12:37 PM
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All Stars
24,454 posts Joined: Nov 2010 |
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Apr 30 2015, 12:45 PM
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All Stars
48,447 posts Joined: Sep 2014 From: REality |
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Apr 30 2015, 02:02 PM
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3,581 posts Joined: Oct 2007 From: everywhere in sabah |
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Apr 30 2015, 02:03 PM
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11,554 posts Joined: Aug 2009 |
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Apr 30 2015, 02:05 PM
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9,354 posts Joined: Aug 2010 |
QUOTE(supersound @ Apr 30 2015, 10:11 AM) But once you are a foreign labor in a particular country, you die die hope it will be strong against rm. Another point is if you have quite some invstments in SG, and hold a lot of SGD, thn you would prefer the SGD to continue strenghthenng vs the RM. Stay in MY, but invst in SG.On my last 3 months working in Qatar, the weak rm/riyal period I gained about rm300 each month extra. Not to mention my friend that taking USD salary, he gained extra rm0.50 for every USD changed. He got about USD30000, that's rm15000 extra when he changed to rm back:w |
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Apr 30 2015, 02:07 PM
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11,554 posts Joined: Aug 2009 |
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Apr 30 2015, 02:19 PM
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9,354 posts Joined: Aug 2010 |
QUOTE(supersound @ Apr 30 2015, 10:15 AM) Generally, if one stays and works in a foreign country, the incme he earns from tht country wil be spent (matched) against the purchasing power capability of tht country. And agin, generaly, it will balance off, ie earn more, spend equally more. A positive difference can ONLY be observd if he earns an income from a stronger exchange country, BUT spends that incme in a weaker exchang country. I am open to criticisms. |
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Apr 30 2015, 02:21 PM
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9,354 posts Joined: Aug 2010 |
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Apr 30 2015, 02:30 PM
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24,454 posts Joined: Nov 2010 |
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Apr 30 2015, 02:40 PM
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3,581 posts Joined: Oct 2007 From: everywhere in sabah |
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Apr 30 2015, 02:55 PM
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25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(Hansel @ Apr 30 2015, 02:19 PM) Generally, if one stays and works in a foreign country, the incme he earns from tht country wil be spent (matched) against the purchasing power capability of tht country. And agin, generaly, it will balance off, ie earn more, spend equally more. The cost of living is not the same.A positive difference can ONLY be observd if he earns an income from a stronger exchange country, BUT spends that incme in a weaker exchang country. I am open to criticisms. I remembered my time live in UK, although wages figure was roughly the same, £1500~2000 for fresh grad, as compared to here Rm1500~2000, the cost of buying foods is not the same with there. I bought a Tesco bread at 20p, while here need RM1.50, frozen pizza was £1 pound while here need a few RM, whole set of computer about £400, here need RM2000. The one may be more expensive is room renting, other I found generally is cheaper relatively (without converting). So, one has better chance to save more at there as compared here as their purchasing power is stronger relatively to their wages. While work there and saved enough and retired at weaker currency like Malaysia, then Malaysia is like a retirement heaven for them. |
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Apr 30 2015, 03:05 PM
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1,985 posts Joined: Jun 2010 |
QUOTE(supersound @ Apr 30 2015, 08:58 AM) Weak currencies no good no matter what? Then why so many countries try to devalue their currencies in order to boost their economies? Japan and EU are two very good examples.What good is a strong currency for us if nobody wants our products? If China and India can buy cheaper palm oil from Indonesia, why would they buy from us? |
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Apr 30 2015, 03:07 PM
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Senior Member
11,554 posts Joined: Aug 2009 |
QUOTE(Hansel @ Apr 30 2015, 02:19 PM) Generally, if one stays and works in a foreign country, the incme he earns from tht country wil be spent (matched) against the purchasing power capability of tht country. And agin, generaly, it will balance off, ie earn more, spend equally more. Assuming rm1=1 riyalA positive difference can ONLY be observd if he earns an income from a stronger exchange country, BUT spends that incme in a weaker exchang country. I am open to criticisms. 1kg of Salmon whole fish only need rm30-45 1kg of local vege only rm2-4(if getting imported will be rm20-40) water 1 gallon rm5, 1 family of 5 need 2-3 bottles a day, so rm15, middle east pipe water cannot be used for drinking meat are relatively cheap, rm10-20 per kg The spending in Qatar are quite cheap if you cook your self. But once you ask others to cook, it will be more expensive than Malaysia. Been worked there for 1 year, average about 90% from my salary were unused. Accommodation usually are paid by company including utility bills. QUOTE(Hansel @ Apr 30 2015, 02:21 PM) No, supersound,... I hav done the monitoring via long-distance for MANY years. And it works. Donèt talk about SG only, but even faraway countries. The internet has everything. Yup, but time is consumed. I won't use the money to buy my health back. For me, I'm not greedy |
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Apr 30 2015, 03:10 PM
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Senior Member
11,554 posts Joined: Aug 2009 |
QUOTE(Artus @ Apr 30 2015, 03:05 PM) Weak currencies no good no matter what? Then why so many countries try to devalue their currencies in order to boost their economies? Japan and EU are two very good examples. Japan debt to GDP are at 244%.What good is a strong currency for us if nobody wants our products? If China and India can buy cheaper palm oil from Indonesia, why would they buy from us? EU basically already bankrupt, just that they refuse to declare it. UK allow people to clean dirty money by buying properties. Both of them do devalue their currencies. So, good or no good |
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Apr 30 2015, 03:17 PM
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9,354 posts Joined: Aug 2010 |
QUOTE(cherroy @ Apr 30 2015, 03:55 PM) The cost of living is not the same. Hence, like I said, subjected to purchasing power capability. In yr case of being in The UK, you mangd to find a job tht paid well, relativly, so you saw savngs. May not be for othrs of diffrnt skill levls and different jobscopes, espcily so for part-time student workers.I remembered my time live in UK, although wages figure was roughly the same, £1500~2000 for fresh grad, as compared to here Rm1500~2000, the cost of buying foods is not the same with there. I bought a Tesco bread at 20p, while here need RM1.50, frozen pizza was £1 pound while here need a few RM, whole set of computer about £400, here need RM2000. The one may be more expensive is room renting, other I found generally is cheaper relatively (without converting). So, one has better chance to save more at there as compared here as their purchasing power is stronger relatively to their wages. While work there and saved enough and retired at weaker currency like Malaysia, then Malaysia is like a retirement heaven for them. I observd tht the price of the essential goods you mntioned are, if not the same, would be more expensive aftr conversion. Itès just tht your purchasing power is strong that made the big difference. |
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Apr 30 2015, 03:20 PM
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1,985 posts Joined: Jun 2010 |
QUOTE(supersound @ Apr 30 2015, 03:10 PM) Japan debt to GDP are at 244%. If Japan was not forced to appreciate its yen by the US in the Plaza Accord, many of their top companies would still be on top of the world, instead of losing to Korean competitors and even China.EU basically already bankrupt, just that they refuse to declare it. UK allow people to clean dirty money by buying properties. Both of them do devalue their currencies. So, good or no good That's why when Japan devalues its yen, South Korea also not happy. South Korean Central Bank Concerned About Yen's Devaluation Many people like you think strong currency is good because you only think for yourself and not for the whole country. |
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Apr 30 2015, 03:22 PM
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11,554 posts Joined: Aug 2009 |
QUOTE(Artus @ Apr 30 2015, 03:20 PM) If Japan was not forced to appreciate its yen by the US in the Plaza Accord, many of their top companies would still be on top of the world, instead of losing to Korean competitors and even China. Nope, only countries that reaching bankrupt will devalue their money.That's why when Japan devalues its yen, South Korea also not happy. South Korean Central Bank Concerned About Yen's Devaluation Many people like you think strong currency is good because you only think for yourself and not for the whole country. You want this to happen? If a country is good, their people won't be a foreign labor in other countries. |
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