SGD to GBP
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Henners

Original Poster:

12,424 posts

224 months

Sunday 12th March 2017
quotequote all
I should probably know the answer to this however...


When buying something in Singapore dollars, say today, whats the best was or figuring out the GBP cost? I'll be using a credit card.

Just a simple google conversion?

Asking as there looks to be a 10% benefit of buying from singapore rather than UK... maybe.

Thanks

Edited by Henners on Sunday 12th March 17:01

DonkeyApple

70,172 posts

199 months

Sunday 12th March 2017
quotequote all
It really does depend on what sort of value you are talking about. If it's just £1,000 then you are looking at saving £100 on the purchase of the item but spending more on the conversion and courier plus increasing the general transaction risks. If it's £100,000 then you might well be saving a few thousand but you still have transaction risk. And then there are any taxes to consider.

If it is a relatively common item then there is rarely any true gain as markets do price pretty efficiently for risk.