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 ringgit Malaysia drop , how to I change my RM to USD

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MR_alien
post Apr 30 2015, 10:45 AM

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QUOTE(supersound @ Apr 30 2015, 09:32 AM)
Toureg full spec are only rm170k in Qatar whistling.gif
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i know...no tax there cry.gif
SUSsupersound
post Apr 30 2015, 12:20 PM

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QUOTE(psyduck89 @ Apr 30 2015, 10:08 AM)
can he be my godfather..
brows.gif  brows.gif

btw,
local safety is also an issue right.. rclxub.gif
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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 laugh.gif

QUOTE(Kaka23 @ Apr 30 2015, 10:26 AM)
How much is Toureg in the Middle East?
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Freaking cheap, rm170k only.

QUOTE(MR_alien @ Apr 30 2015, 10:45 AM)
i know...no tax there cry.gif
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Have tax, but no AP whistling.gif
nexona88
post Apr 30 2015, 12:33 PM

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QUOTE(AVFAN @ Apr 30 2015, 10:06 AM)
3.3->3.5->3.7->3.5->....3.3?

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? biggrin.gif
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when price goes up, veli hard to come down.. that's fact we needed to accept cry.gif
AVFAN
post Apr 30 2015, 12:37 PM

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QUOTE(nexona88 @ Apr 30 2015, 12:33 PM)
when price goes up, veli hard to come down.. that's fact we needed to accept cry.gif
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part 2:

given oil price in april compared to march, midnight tonite... petrol price will probably go up by 15-20 sen/liter.

u know the rest...
nexona88
post Apr 30 2015, 12:45 PM

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QUOTE(AVFAN @ Apr 30 2015, 12:37 PM)
part 2:

given oil price in april compared to march, midnight tonite... petrol price will probably go up by 15-20 sen/liter.

u know the rest...
*
another round of price increase vmad.gif

btw already fill full tank for my car tongue.gif
MR_alien
post Apr 30 2015, 02:02 PM

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QUOTE(AVFAN @ Apr 30 2015, 12:37 PM)
part 2:

given oil price in april compared to march, midnight tonite... petrol price will probably go up by 15-20 sen/liter.

u know the rest...
*
world crude oil price go up
BUT USD dipped 1.3%...MYR strenghten
so tongue.gif
SUSsupersound
post Apr 30 2015, 02:03 PM

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QUOTE(nexona88 @ Apr 30 2015, 12:45 PM)
another round of price increase  vmad.gif

btw already fill full tank for my car tongue.gif
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Unlikely as we got 2 bi-election, I guess no price increase for May.
Hansel
post Apr 30 2015, 02:05 PM

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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.
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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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.
SUSsupersound
post Apr 30 2015, 02:07 PM

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QUOTE(Hansel @ Apr 30 2015, 02:05 PM)
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.
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That if you are working in SG, if long term in MY, hard a bit to monitor.
Hansel
post Apr 30 2015, 02:19 PM

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QUOTE(supersound @ Apr 30 2015, 10:15 AM)
He never change the USD first, he already worked for 2-3 years there.
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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. hmm.gif hmm.gif nod.gif

I am open to criticisms.
Hansel
post Apr 30 2015, 02:21 PM

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QUOTE(supersound @ Apr 30 2015, 03:07 PM)
That if you are working in SG, if long term in MY, hard a bit to monitor.
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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.
AVFAN
post Apr 30 2015, 02:30 PM

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QUOTE(MR_alien @ Apr 30 2015, 02:02 PM)
world crude oil price go up
BUT USD dipped 1.3%...MYR strenghten
so  tongue.gif
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let's wait for this evening. biggrin.gif
MR_alien
post Apr 30 2015, 02:40 PM

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QUOTE(AVFAN @ Apr 30 2015, 02:30 PM)
let's wait for this evening. biggrin.gif
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only RON95 up 20cent
https://forum.lowyat.net/topic/3566111
cherroy
post Apr 30 2015, 02:55 PM

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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.

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.  hmm.gif  hmm.gif  nod.gif

I am open to criticisms.
*
The cost of living is not the same.

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.

Artus
post Apr 30 2015, 03:05 PM

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QUOTE(supersound @ Apr 30 2015, 08:58 AM)
Nope, weak currencies no matter what is not good for us.
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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?


SUSsupersound
post Apr 30 2015, 03:07 PM

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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.

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.  hmm.gif  hmm.gif  nod.gif

I am open to criticisms.
*
Assuming rm1=1 riyal
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.
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Yup, but time is consumed. I won't use the money to buy my health back. For me, I'm not greedy icon_rolleyes.gif
SUSsupersound
post Apr 30 2015, 03:10 PM

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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.

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?
*
Japan debt to GDP are at 244%.
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 whistling.gif
Hansel
post Apr 30 2015, 03:17 PM

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QUOTE(cherroy @ Apr 30 2015, 03:55 PM)
The cost of living is not the same.

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.
*
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 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.
Artus
post Apr 30 2015, 03:20 PM

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QUOTE(supersound @ Apr 30 2015, 03:10 PM)
Japan debt to GDP are at 244%.
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 whistling.gif
*
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.

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.


SUSsupersound
post Apr 30 2015, 03:22 PM

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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.

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.
*
Nope, only countries that reaching bankrupt will devalue their money.
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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