Chinese RMB rates..

[adidas88]

went to the money changer today again ..
rate is 4.52 ....

the money changer show me a counterfeit rmb note ...
the print looks good but the feel of the note can tell it's a fake ...
and it's start with SA xxxxxxxx

i did some search in the web and i think this is useful to share with all bros here ...

How to Detect Fake Chinese Money
Counterfeit money in China is a problem. Fake money for one Yuan coins to 100 Yuan bills were found in circulation in China. Many Chinese people even have a problem in detecting fake money. Foreigners are easier victims.

The most effective way to detect a fake Chinese money is the watermark. Hold the bill up against light, a watermark of Chairman Mao is shown. The watermark on a real 100 Yuan banknote is distinct while the watermark on a fake one is rather obscure. Look at watermarks in the follow pictures and compare.

Watermark on a real 100 Yuan banknote


Watermark on a fake 100 Yuan bill


The second way to detect a fake Chinese banknote is to scratch the hair of Chairman Mao. You can feel the hair on a real banknote. But on a fake banknote, the hair can not be felt



Pictures courtesy of Xian Travel & Xian Hotels
Fake RMB

[China101]

Originally Posted by Tony Stark

No worries for CASH KINGs like you. Generous tips (above market rate) to MMs are still the same even if the rate drops to 4.0.

With the current recession will your daily cheong budget of S$500-600 in PRC remains the same? Nowadays I very poor can only afford RMB150 BBS bonks in SZ and RMB210 sauna (90min/Unlimited shots) in ZH.

PS: I'm in ZH shaking leg now. Maybe later go into Macau play "Tiger Machine".

Yeo Bro Tony, is Zhuhai cheaper and more fun than SZ?

[fatty_leo]

Good job Bro adidas88. 5upz for you

[jameschong2]

[CODE][QUOTE=adidas88;3414324]went to the money changer today again ..
rate is 4.52 ....
the money changer show me a counterfeit rmb note ...
the print looks good but the feel of the note can tell it's a fake ...
and it's start with SA xxxxxxxx[/CODE]

this is one of the most sensible postings from u for a long time
so how much u bring to ZH this time?
remember to give ang pow or elase u will siay suay singaporeans there
i have prepare a big one for my chick, have u guys?

[snooker]

Change yesterday at Lor 8 ...4.53

[adidas88]

To all bros going to china .... pls take note:

DO NOT USE 100rmb for cab fare ... use small notes

i was swindle this morning when taking a cab to a restaurant for breakfast ..

the cab driver switch my notes right in front of me and i didn't know at all ..

now i end up with 2 useless 100rmb notes ....

[binbin81]

Originally Posted by adidas88

To all bros going to china .... pls take note:

DO NOT USE 100rmb for cab fare ... use small notes

i was swindle this morning when taking a cab to a restaurant for breakfast ..

the cab driver switch my notes right in front of me and i didn't know at all ..

now i end up with 2 useless 100rmb notes ....

wah...like tat also can.
I must be prepare to counter those lame tactics used by them.
Thanks for your guide on differentiate a REAL & FAKE rmb notes.
Really come handy in this recession period.

[jameschong2]

[QUOTE]

Originally Posted by adidas88

To all bros going to china .... pls take note:
DO NOT USE 100rmb for cab fare ... use small notes
i was swindle this morning when taking a cab to a restaurant for breakfast ..

sensible posting from u for a long time now. hope this will teach u a lesson to be careful. spotted one half indian/half chinese speaking singlish in zh last month- is that u?

[murali]

Originally Posted by adidas88

To all bros going to china .... pls take note:

DO NOT USE 100rmb for cab fare ... use small notes

i was swindle this morning when taking a cab to a restaurant for breakfast ..

the cab driver switch my notes right in front of me and i didn't know at all ..

now i end up with 2 useless 100rmb notes ....

seems like now even small notes of 5/10/20/50 also got more fake ones floatin around, gotta b extra careful in hard times like these man!

[fatty_leo]

I use a small trick to counter this swopping thing.

Marked your 100rmb with a pencil with example your initial or anything tat is simple. When the cabby or retail shop try to swop you can check it on the spot and demand your actual note back.

One more thing, do not pass them your note 1st. Make known tat your are paying by 100rmb and ask them if they have enough small change or not.

[tripleXXX]

Cab drivers are well known for pulling a fast one.
It's simple to prevent this.
Before paying, READ out the serial number on the notes, in his view before paying. Trust me, he'll think twice.
Don't, and I mean DON'T just memorize the number or write it down somewhere and hope the driver won't pull it off.
He'll deny it's yours and it's his word against yours.

Btw just changed at PPC this afternoon @ 4.575.

[Tony Stark]

Originally Posted by adidas88

To all bros going to china .... pls take note:

DO NOT USE 100rmb for cab fare ... use small notes

i was swindle this morning when taking a cab to a restaurant for breakfast ..

the cab driver switch my notes right in front of me and i didn't know at all ..

now i end up with 2 useless 100rmb notes ....

Oh my gawd! CASH KING got swindled!

Give the two fake notes as tips to MM. Haha just kidding.

[murali]

darn americans open their mouth about e chinese being currency manipulators n now e RMB weaken again.....sianZ

[binbin81]

Originally Posted by murali

darn americans open their mouth about e chinese being currency manipulators n now e RMB weaken again.....sianZ

I am looking at a better xchg rates from SGD to RMB.
Hopefully can see better rates next mth.

[jameschong2]

even if the rate if 7 to 1, u will wait for it to rise to 8:1?
how much moneu u got to change in the first place?
I change $3k just to give my zhuhai chick a big ang pow