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Old 26-09-2012, 04:24 AM
eg5354 eg5354 is offline
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Re: Batam Info Thread

Quote:
Originally Posted by hendri2 View Post
change the money at the shops opposite formosa....you can ask the rates from the first shop to the end...or even the shops behind them (along the main road)....the best price is when you leave the shop, they will offer you the best....anyway, like today 7800...if you are offered 7790...you get 10 less...you only lose 1000rp for $100 change..i.e. 12.8 cents
so, better change fast....fast....the cewe is waiting...haha!!!!!
Ya if you change a little like few hundred dollar, the difference is not that significant.

However one thing good about changing opposite formosa is that there are many money changer, so in order to stay competitive, they will have to offer their best rate to attract customers.

Cheongsters can also compare the exchange rate quoted by the various money changers. If change for more can bargain for a better rate too...

Bro hendri, was rather surprised that the rupiah has depreciate to 7800 already.

Therefore in the near future, your dreams may come true : exchange rate hit the 8000 mark and I will wait for you to belanja me makan eh sai bo ? just joking...

Actually I have some indonesian friend who do business in indonesia quickly change their money to sing or us dollar once they made a hugh profit afraid that the rupiah may drop in value again after some time.

Same as those joints and hotels in Batam, I am sure they will also convert their profit money to other currency too.
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General pointers for cheong in Batam
http://www.sammyboyforum.com/showthr...t=#post6941975