Tuesday, April 21, 2009

rent rants
i need to pay my rent monthly and it has become habitual for me to check out the foreign exchange rate regularly. like maybe everyday? foreign exchange rates has been fluctuating so much. i usually will wait for an auspicious day whereby the rate would favour me the most. some of you may feel that a few cents difference wont differ that much. hmm..true to a certain extent.
come on, let's do the maths!
example:
rent=300 euros
day 1currency rate from euros to sgd. 1 euros=2 sgd
day 2currency rate from euros to sgd, 1 euros=1.98sgd
if i pay on day 1=600sgd
if i pay on day 2=594sgd
money saved if i pay on day 2= 6ssg
and this is an substantial amount. k, some of you may think I'm making a big wooha by trying to save that $6. if i'm back in sg, i think i won't be bothered to try to save $6. the issue now is that I've got no money in and only money out. this suck. any way for me to see some money being deposited into my account? currently sgd to euro rate is not bad even though mas is trying to weaken sin dollars but euro is dropping crazily too. i think the exchange rate will drop a lil more. let's hope so, so i can save more $6!
side notes: i think this is a super no brainer kindda post. i need to post something more intellectual. i think matlab is making me mad.

No comments: