Quote:
Originally Posted by BFOMF5
If you hv Ringgit msia want to change Rp. Maybe can consider change to S$ then to Rp.
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How many days between the first exchange and the second?
If it is just one, there are only three possible explanations for something that should not happen:
1) sharp and quick rate fluctuations between the two transactions (to your advantage);
2) a splendid example of
market inefficiency (the two agents in two different locations use rates that differ significantly from current international rates, or are late with updates);
3) a splendid example of what black market can do (someone finds convenient to buy SGD at a higher rate than the current market value, because that cash will be sold to some business man who needs cash out of official channels, without being recorded)