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theGame001 Nookie Newbie UID 115457 Digest Posts 0 Credits 21 Posts 16 Karma 19 Acceptance 39 Reading Access 10 Registered 6-3-2014 Status Offline

#1 Post at 3-6-2014 15:42  Profile P.M.  Font size: S M L USD to HKD Google is showing the rate of 1USD to 7.5HKD. Can someone please tell what rate will I get when I exchange money in Hongkong? Thanks Recent Ratings devilgodspeed   3-6-2014 20:19   Acceptance   +1   usually its 7.7 - 7.8

theworm Kinky King UID 21445 Digest Posts 0 Credits 1329 Posts 236 Karma 1317 Acceptance 244 Reading Access 50 Registered 6-3-2009 Location Hong Kong Status Offline

#2 Post at 3-6-2014 17:48  Profile P.M.  Font size: S M L Reply #1 theGame001's post depends where you go. If you go to bank, they will have good rates but you need to have an account with them. If you go to any money changer on the streets, you get bad rates. I find the rates at Chung King Mansion the best.

theGame001 Nookie Newbie UID 115457 Digest Posts 0 Credits 21 Posts 16 Karma 19 Acceptance 39 Reading Access 10 Registered 6-3-2014 Status Offline

#3 Post at 3-6-2014 18:46  Profile P.M.  Font size: S M L @ theworm thank you. The thing is I have two options. First I convert my local currency directly into HKD or convert my local currency into USD and then convert USD into HKD when I get there. When I go to thailand, I find it better to convert my local into Usd and then USD into Thai Baht. This way I save some money. This is the reason I wanted to know what exchange rate will I get in local booths. Thanks

halfclover Master Mongerer UID 40736 Digest Posts 0 Credits 5319 Posts 797 Karma 5277 Acceptance 830 Reading Access 80 Registered 3-3-2010 Status Offline

#4 Post at 5-6-2014 11:41  Profile P.M.  Font size: S M L Interesting, I would have thought multiple changes would cost more. I find that the rate locally is about 400 points lower than the Spot rate.  Currently Spot is 7.75 HKD, so local rate would be about 7.35 HKG to USD. You will see variation in the rates between vendors, worth checking a few.

vinny5443 Throbbing Titan UID 83091 Digest Posts 0 Credits 4425 Posts 500 Karma 4400 Acceptance 490 Reading Access 70 Registered 21-1-2012 Status Offline

#5 Post at 5-6-2014 13:58  Profile P.M.  Font size: S M L Reply #1 theGame001's post why would you just not do the calculation when you get to your exchange shop to see which is the better option?

theGame001 Nookie Newbie UID 115457 Digest Posts 0 Credits 21 Posts 16 Karma 19 Acceptance 39 Reading Access 10 Registered 6-3-2014 Status Offline

#6 Post at 5-6-2014 15:53  Profile P.M.  Font size: S M L QUOTE: Originally posted by vinny5443 at 5-6-2014 13:58 why would you just not do the calculation when you get to your exchange shop to see which is the better option? How will that work? I have to first convert my local currency at home. So I have an option to either take HKD or USD. I won't be taking my local currency because the rate I would get directly over there would be much less. I know it may sound funny but thats the truth. I have travelled many countries so I am pretty much experienced on this thing. Also its not a matter of small $3k or 4k. I want to convert some $30k. So even if save little on every conversion, I will be saving some money.

theGame001 Nookie Newbie UID 115457 Digest Posts 0 Credits 21 Posts 16 Karma 19 Acceptance 39 Reading Access 10 Registered 6-3-2014 Status Offline

#7 Post at 5-6-2014 15:53  Profile P.M.  Font size: S M L QUOTE: Originally posted by halfclover at 5-6-2014 11:41 Interesting, I would have thought multiple changes would cost more. I find that the rate locally is about 400 points lower than the Spot rate.  Currently Spot is 7.75 HKD, so local rate would be about ... Thanks, this is exactly what I was looking for. Much appreciated.

chantik Banned UID 109764 Digest Posts 0 Credits 163 Posts 208 Karma 151 Acceptance 235 Reading Access 0 Registered 27-9-2013 Location hong kong Status Offline

#8 Post at 12-6-2014 03:42  Profile P.M.  Font size: S M L Just use an ATM - You find this gives you close to the best rates. Recent Ratings vinny5443   13-6-2014 17:47   Acceptance   +1   agreed

twiceAweek Sex God UID 1044 Digest Posts 0 Credits 21117 Posts 20505 Karma 20541 Acceptance 11525 Reading Access 110 Registered 12-4-2007 Status Offline

#9 Post at 12-6-2014 06:57  Profile P.M.  Font size: S M L Reply #1 theGame001's post are yiu talking about black or white money ?

theGame001 Nookie Newbie UID 115457 Digest Posts 0 Credits 21 Posts 16 Karma 19 Acceptance 39 Reading Access 10 Registered 6-3-2014 Status Offline

#10 Post at 15-6-2014 01:41  Profile P.M.  Font size: S M L QUOTE: Originally posted by twiceAweek at 12-6-2014 06:57 are yiu talking about black or white money ? white money. Did i indicate otherwise?

CalABC Kinky King UID 118459 Digest Posts 0 Credits 1149 Posts 109 Karma 1140 Acceptance 186 Reading Access 50 Registered 10-6-2014 Status Offline

#11 Post at 15-6-2014 01:44  Profile P.M.  Font size: S M L Reply #10 theGame001's post The spread between buy/sell gets smaller for larger amounts of money. At 30k USD you will be getting very close to spot price compared to say, 1k. Exchanges have different levels of spread depending on how much you want to trasnfer.

kaleu Throbbing Titan UID 45445 Digest Posts 0 Credits 3308 Posts 1512 Karma 3224 Acceptance 1672 Reading Access 70 Registered 24-5-2010 Location PRC Status Offline

#12 Post at 15-6-2014 11:41  Profile P.M.  Font size: S M L I notice you are leaving HK soon.  So what did you end up doing about this?

slimshanks Carnal Conqueror UID 28642 Digest Posts 0 Credits 377 Posts 315 Karma 367 Acceptance 193 Reading Access 30 Registered 1-8-2009 Status Offline

#13 Post at 23-6-2014 15:39  Profile P.M.  Font size: S M L I always get 7.70 on the exchange rate from USD to HK in TST.  The highest I noticed while living in HK was 7.72 in Central at little Manila (Worldwide) at Franki's.  The HK dollar is fixed to the US dollar so you shouldn't notice any fluctuations unless the local shop is trying to make more.   Warning, don't exchange money or buy BONER pills in Wanchai because you are going to get fucked one way or the other.  LOL

cruman999 Erotic Emperor UID 86004 Digest Posts 0 Credits 2450 Posts 616 Karma 2367 Acceptance 1652 Reading Access 60 Registered 10-3-2012 Status Offline

#14 Post at 23-6-2014 16:08  Profile P.M.  Font size: S M L Reply #13 slimshanks's post I have done both many times in Wan Chai and I have only been fucked by lovely girls (and several not so good looking that I am trying to forget) Recent Ratings obe   25-6-2014 15:38   Acceptance   +1   LOL

fordprefect168 Nookie Newbie UID 118820 Digest Posts 0 Credits 33 Posts 14 Karma 32 Acceptance 19 Reading Access 10 Registered 20-6-2014 Status Offline

#15 Post at 25-6-2014 10:38  Profile P.M.  Font size: S M L I'd agree with Slimshanks that Worldwide is a very good place.  One time, around late 2012, I was time pressed and was in a local bank in Central.  Although I was willing to take the bank exchange rate due to time constraint, the counter assistant advised me to try Worldwide due to better rates (I was literally across the road).  I was kind of surprised that she would say that given she worked for the bank, but I guess she was not on commission or anything.  End result is that I went to Worldwide and got a much better rate.  That started me looking for various FX options around the city and I still kept coming back to Worldwide as there was nowhere better.

doghead (dog) Erotic Emperor UID 16705 Digest Posts 0 Credits 2985 Posts 2230 Karma 2893 Acceptance 1832 Reading Access 60 Registered 2-12-2008 Status Offline

#16 Post at 25-6-2014 16:46  Profile P.M.  Font size: S M L I go to this place to get all my forex for my trips abroad. You should call ahead at least 1 day before 3:30pm so they can prepare your order (especially for the less-popular forex or those who have to exchange a lot of money) and to minimize your wait on the line. It is especially great for those who do not have bank accounts in HK because they are tourists. As an added convenience, they have a web site that shows their forex rates of the day. Berlin Company Exchange Limited Room 1703 Chinese Bank Bldg 61-65 Des Voeux Road Central tel: 2523 2549 http://bcel1985.blogspot.hk/ Hours : M-F  9:30am - 3:30pm (3:30pm - 6:00pm reserved for only those who made telephone bookings)            Sat  9:30am - 11:30am (11:30am - 2:00pm reserved for only those who made telephone bookings) [ Last edited by  doghead at 25-6-2014 16:52 ]

Poll Trade Reward Activity

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