[84gunner]

Originally Posted by yinyang

Think about this way: your S$ is no longer home currency in foreign shores. Just another forex unit vis a vis their HOME currency. Subject to vagaries of local forex conditions. For example, SG's pretty open forex market compared with some countries (restrictions etc). Specifically for bht, hardly any difference

Was advised that general rule of thumb is you are better off changing at departing source rather than at destination (be sensible, think this applies ex SG). My personal experience with 1 european currency (before euro), was my SG was like mickey mousey over there. You dun wanna hear about lousy rate.

Another general guideline, on friday afternoon onwards & throughout the wkend, the rates goes against u, comparing wif the actual market values. They are protecting themselves & hedging against any sudden market fluctuations or events happening over the wkend tat's gonna cos a hooha in the financial markets when the markets open for the next week.