SQ/MI fares pegged to USD?
Mar 11, 15, 12:04 pm
#1
Original Poster
Join Date: Oct 2002
Location: SFO
Posts: 5,560
SQ/MI fares pegged to USD?
I'm US based and need to purchase flights originating in SIN this summer.
I've been checking fares daily, using MI's Singapore based website. I've been hoping to take advantage of the SGD's slide against the USD, but it seems as the SGD slides, the quoted fares increase and remain constant in USD terms.
I'm guessing there's something that pegs fares to USD even though they are being quoted in SGD?
I've been checking fares daily, using MI's Singapore based website. I've been hoping to take advantage of the SGD's slide against the USD, but it seems as the SGD slides, the quoted fares increase and remain constant in USD terms.
I'm guessing there's something that pegs fares to USD even though they are being quoted in SGD?
Last edited by work2fly; Mar 11, 15 at 12:50 pm
Mar 11, 15, 4:59 pm
#2
Join Date: Aug 2009
Location: IAH
Programs: SPG Platinum, Hyatt Diamond, IHG Gold Ambassador, Marriott Gold
Posts: 519
Exchange rate is probably static for that fare. Read about NUC and Rate here -- http://blog.wandr.me/2015/02/methinks-i-am-a-hypocrite/
Mar 11, 15, 6:34 pm
#3
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Join Date: May 2000
Location: Little dot on map
Programs: AA-PlatLife, BA-Gold, SPG-LTP, HL-DIA
Posts: 25,759
Originally Posted by work2fly
I'm US based and need to purchase flights originating in SIN this summer.
I've been checking fares daily, using MI's Singapore based website. I've been hoping to take advantage of the SGD's slide against the USD, but it seems as the SGD slides, the quoted fares increase and remain constant in USD terms.
I'm guessing there's something that pegs fares to USD even though they are being quoted in SGD?
I've been checking fares daily, using MI's Singapore based website. I've been hoping to take advantage of the SGD's slide against the USD, but it seems as the SGD slides, the quoted fares increase and remain constant in USD terms.
I'm guessing there's something that pegs fares to USD even though they are being quoted in SGD?
Mar 11, 15, 10:59 pm
#4
Join Date: May 2012
Location: Singapore
Programs: JL Sapphire | Marriott LT Silver | GE / TSA-Pre
Posts: 6,738
Originally Posted by Guy Betsy
S$ didn't depreciate that much against the US$.
