Chinese RMB rates..

[jc_wtc]

Bro, care to update so I can return u my points

Originally Posted by fedomme

bro same lao, just now in PPC also 4.70... hope can hold on to 4.7x

[Mavrick69]

Any updates ?

[myluckyguy]

Still in CNY season + Golden week in China so not that many of us going to change RMB this few days..

[laukk]

yesterday at PPC @1630 hrs. 4.78. remittance 4.76.

[FatMan]

Jurong Point 06/Feb/14 12pm $100 = RMB$474.00 TT RMB$474.00

[sibei]

zhuhai - gongbei (underground) - SIN$100 - RMB 480

[wan25w]

Originally Posted by FatMan

Jurong Point 06/Feb/14 12pm $100 = RMB$474.00 TT RMB$474.00

The Acrade, 4.30pm today.

Highest - S$1 : 4.81 rmb

[myluckyguy]

Originally Posted by sibei

zhuhai - gongbei (underground) - SIN$100 - RMB 480

Hmm maybe its better to carry SGD to change in China?? Would be interesting to know the rates in other places in China.. ??

[FrontDesk]

Originally Posted by myluckyguy

Hmm maybe its better to carry SGD to change in China?? Would be interesting to know the rates in other places in China.. ??

I doubt its a good move. Not exactly a commonly traded currency in most if not all places there.

[red_squirrel]

Originally Posted by myluckyguy

Hmm maybe its better to carry SGD to change in China?? Would be interesting to know the rates in other places in China.. ??

You may be one of the 'lucky' ones to get 'high' exchange rate if you are not

careful as the counterfeit RMB is still rampant in China. Other than that, if

you go to the bank to change, the rate given will be very low, maybe even

SGD$1:RMB$4.50? Be warned as we are not as 'trained' as the locals to

recognize fake RMB.

[oldnewbie]

Originally Posted by red_squirrel

You may be one of the 'lucky' ones to get 'high' exchange rate if you are not

careful as the counterfeit RMB is still rampant in China. Other than that, if

you go to the bank to change, the rate given will be very low, maybe even

SGD$1:RMB$4.50? Be warned as we are not as 'trained' as the locals to

recognize fake RMB.

IMHO
the most faked note is the 100RMB one
they say... rub the deng xiao ping image on the 100 note, it must have texture

Advice ,
try to get small change using big notes at established places like 7,11 mac,KFC,etc where you are not in a rush

Be extra careful when you pay, give nearest amount
This is the best opportunity to return a fake after holding your real molah
but you have no choice with the hotel room deposit

cheers

[waikeekee]

Originally Posted by oldnewbie

IMHO
the most faked note is the 100RMB one
they say... rub the deng xiao ping image on the 100 note,

cheers

Bro,,,,, If you change your Singapore dollars to renminbi with Deng Xiaoping, then I dare to say the renminbi is 100% definitely and absolutely fake. All RMB ¥1.00 to ¥100.00 denomination has the late Chairman Mao Zedong on the note.

[myluckyguy]

Originally Posted by FrontDesk

**** Not exactly a commonly traded currency in most if not all places there.

Originally Posted by red_squirrel

***

careful as the counterfeit RMB is still rampant in China. **** we are not as 'trained' as the locals to

recognize fake RMB.

Originally Posted by oldnewbie

IMHO
the most faked note is the 100RMB one
they say... rub the deng xiao ping image on the 100 note, it must have texture

****

cheers

Originally Posted by waikeekee

Bro,,,,, ****All RMB ¥1.00 to ¥100.00 denomination has the late Chairman Mao Zedong on the note.

Thanks for the timely reminders of the risks and fraud in China as we tend to forget when having fun

[Allanooi]

Another tip: To spot fake and real ¥100 use tissue paper rub over Mao's collar the tissue paper will have redish pink stain on tissue means is real... Fake one u rub no redish pink stain...

[wan25w]

Originally Posted by waikeekee

Bro,,,,, If you change your Singapore dollars to renminbi with Deng Xiaoping, then I dare to say the renminbi is 100% definitely and absolutely fake. All RMB ¥1.00 to ¥100.00 denomination has the late Chairman Mao Zedong on the note.

Don't know how true, some MM told me the new 500 & 1000 note will have Deng Xiaoping instead of Mao.