Pages

Showing posts with label SIngapore Dollar. Show all posts
Showing posts with label SIngapore Dollar. Show all posts

Saturday, December 25, 2010

Money Changers in Singapore?

As some of you who've read my previous posts, I'm going to England for medical school.
The British Pound has fallen off a cliff and has dropped yet again, the mid point rate being 1GBP=2.00 SGD.
I highly doubt it'll drop further, in fact, I believe the GBP will strengthen before I leave in September 2011, which is why I'd like to take the opportunity and change for pounds at opportune times like now, little by little before I leave.

I'd probably change £500 2-3 times before I leave, first time being next week?


That being said, changing GBP with POSB/Citi (the 2 banks I've an account with) doesn't give me very good rates. POSB is at 2.04 and Citi at 2.05 for demand draft/TT, even worse for cash. I saw the website for one of the money changers and they were advertising at £1= S$2.03.

Wondering if anyone knows a better exchange rate?

In a seperate note, I bought a pair of shoes and a shirt from www.asos.com, a British online retailer who has free international shipping. I paid SGD 2.12 for GBP 1, just last week!! sigh.....

Anyway, Merry Christmas and a Happy New Year to all!