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Old 03-09-2015, 08:37 AM
nescafeGold nescafeGold is offline
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Re: Batam Info Thread

Quote:
Originally Posted by localbest View Post
Bro, I think there is a typo error in your figure.

It should be sing$1 = about 18000 rupiah worst than now.

During year 1997/1998 asian economic crisis, the rupiah fall until machiam like almost no value like banana money.

During that time, the value of my relative semi detached house in manga besar in central Jakarta has dropped almost 10 times, very jialat and terok.
Nope bro, it wasn't typo error.. i purposely insert that to match your interesting figure about rupiah - sgd evolution.. with many of number 8 and per 10 year interval..

38 years ago (year 1977), sing$1 = about 1000 rupiah

>> 18 years ago (year 1997), sing$1 = about 1800 rupiah

38 years later (year 2015), sing$1 = about 10008 rupiah

Anyway, the 1,800 Rp/SGD rate that i was referring to is pre-crisis period. I still remember very well, that was the time i visit the SG for the first time (july 1997), and It does give me hard time to calculate conversion to rupiah everytime i spend few bucks of SGD. calculator is not handy at that time, u just had keep multiply by 1800 in your head.

the economic crises start at late 1997, and the rest of it is history. sgd never fall back to below 5,000 after that..