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Originally Posted by LeeKH
Strangely..., I went to Arcade at Raffles Place. Two money changers quoted $1=5800RP, a few others $1=5750, and not so popular ones $1=5700. At Batam ferry terminal, it was $1=5800. Then again, the rupiah could have devalued in over 3 days.
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Then you shouldn't have said the exchange rates are the same in Batam and in Singapore. Don't you know that the Rupiah is a very volatile currency. So far this year, the Rupiah had fluctuated with a difference of around Rp200 agsint the SGD in the exchange on a single day, let alone many years back which was worst.