SQ/MI fares pegged to USD?

Old 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?

Last edited by work2fly; Mar 11, 15 at 12:50 pm
work2fly is offline  
Old 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/
Rusdude is offline  
Old Mar 11, 15, 6:34 pm
  #3  
FlyerTalk Evangelist
 
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 View Post
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?
Don't buy fares on SQ ex SIN, they're always expensive. The S$ didn't depreciate that much against the US$.
Guy Betsy is offline  
Old 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 View Post
S$ didn't depreciate that much against the US$.
In my perspective it did. Used to be US$1 = S$1.25 a year ago and now it's around S$1.38-9.
lcpteck is offline  

Thread Tools
Search this Thread
Search Engine: