Money changer singapore best rates: The leading Money Changers Exchange Rate in Singapore

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Best & Cheapest Malaysian Ringgit Money Changer rates from Singapore Dollar

  • 3.095

    MYR 100 = SGD 32.3101

    as of 18 Jun 2021 04:16 PM

  • 0.7465

    USD 1 = SGD 1.3395

    as of 18 Jun 2021 05:16 PM

  • 23.36

    THB 100 = SGD 4.2808

    as of 18 Jun 2021 05:16 PM

  • 21.76

    TWD 100 = SGD 4.5955

    as of 18 Jun 2021 04:16 PM

  • 4.835

    CNY 100 = SGD 20.6825

    as of 18 Jun 2021 05:16 PM

  • 5.805

    HKD 100 = SGD 17.2265

    as of 18 Jun 2021 05:16 PM

  • 82.25

    JPY 1000 = SGD 12.158

    as of 18 Jun 2021 05:16 PM

  • 849.7

    KRW 1000 = SGD 1.1768

    as of 18 Jun 2021 05:16 PM

  • 0.6253

    EUR 1 = SGD 1.599

    as of 18 Jun 2021 05:16 PM

  • 0.9832

    AUD 1 = SGD 1.017

    as of 18 Jun 2021 04:16 PM

  • 1.0616

    NZD 1 = SGD 0.9419

    as of 18 Jun 2021 05:16 PM

  • 10605

    IDR 1000 = SGD 0.0942

    as of 18 Jun 2021 05:16 PM

  • 36.25

    PHP 100 = SGD 2.7586

    as of 18 Jun 2021 05:16 PM

  • 16509

    VND 100000 = SGD 6.0573

    as of 18 Jun 2021 05:16 PM

  • 52.65

    INR 100 = SGD 1.8993

    as of 18 Jun 2021 05:16 PM

  • 0.683

    CHF 1 = SGD 1.464

    as of 18 Jun 2021 05:16 PM

  • 0.9165

    CAD 1 = SGD 1.091

    as of 18 Jun 2021 05:16 PM

  • 3.0998

    MYR 100 = SGD 32.26

    as of 18 Jun 2021 05:16 PM

  • 23.5017

    THB 100 = SGD 4.255

    as of 18 Jun 2021 05:16 PM

  • 21.9058

    TWD 100 = SGD 4.565

    as of 18 Jun 2021 05:16 PM

  • 4.8355

    CNY 100 = SGD 20.68

    as of 18 Jun 2021 04:16 PM

  • 5.8004

    HKD 100 = SGD 17.24

    as of 18 Jun 2021 05:16 PM

  • 82.3045

    JPY 1000 = SGD 12.15

    as of 18 Jun 2021 05:16 PM

  • 854.7008

    KRW 1000 = SGD 1.17

    as of 18 Jun 2021 05:16 PM

  • 0.6265

    EUR 1 = SGD 1.596

    as of 18 Jun 2021 05:16 PM

  • 0.5359

    GBP 1 = SGD 1.866

    as of 18 Jun 2021 05:16 PM

  • 0.9891

    AUD 1 = SGD 1.011

    as of 18 Jun 2021 05:16 PM

  • 10683.7606

    IDR 1000 = SGD 0.0936

    as of 18 Jun 2021 05:16 PM

  • 36.9685

    PHP 100 = SGD 2.705

    as of 18 Jun 2021 05:16 PM

  • 16891.8918

    VND 100000 = SGD 5.92

    as of 18 Jun 2021 05:16 PM

  • 54.054

    INR 100 = SGD 1.85

    as of 18 Jun 2021 05:16 PM

  • 0.6854

    CHF 1 = SGD 1.459

    as of 18 Jun 2021 05:16 PM

  • 0.9233

    CAD 1 = SGD 1.083

    as of 18 Jun 2021 05:16 PM

  • Page not found – CashChanger

  • 3.095

    MYR 100 = SGD 32.3101

    as of 18 Jun 2021 04:16 PM

  • 0.7465

    USD 1 = SGD 1.3395

    as of 18 Jun 2021 05:16 PM

  • 23. 36

    THB 100 = SGD 4.2808

    as of 18 Jun 2021 05:16 PM

  • 21.76

    TWD 100 = SGD 4.5955

    as of 18 Jun 2021 04:16 PM

  • 4.835

    CNY 100 = SGD 20.6825

    as of 18 Jun 2021 05:16 PM

  • 5.805

    HKD 100 = SGD 17.2265

    as of 18 Jun 2021 05:16 PM

  • 82.25

    JPY 1000 = SGD 12.158

    as of 18 Jun 2021 05:16 PM

  • 849.7

    KRW 1000 = SGD 1.1768

    as of 18 Jun 2021 05:16 PM

  • 0.6253

    EUR 1 = SGD 1.599

    as of 18 Jun 2021 05:16 PM

  • 0.535

    GBP 1 = SGD 1.869

    as of 18 Jun 2021 05:16 PM

  • 0.9832

    AUD 1 = SGD 1.017

    as of 18 Jun 2021 04:16 PM

  • 1.0616

    NZD 1 = SGD 0.9419

    as of 18 Jun 2021 05:16 PM

  • 36.25

    PHP 100 = SGD 2.7586

    as of 18 Jun 2021 05:16 PM

  • 16509

    VND 100000 = SGD 6.0573

    as of 18 Jun 2021 05:16 PM

  • 52.65

    INR 100 = SGD 1.8993

    as of 18 Jun 2021 05:16 PM

  • 0.683

    CHF 1 = SGD 1.464

    as of 18 Jun 2021 05:16 PM

  • 0.9165

    CAD 1 = SGD 1.091

    as of 18 Jun 2021 05:16 PM

  • 3.0998

    MYR 100 = SGD 32.26

    as of 18 Jun 2021 05:16 PM

  • 0.7468

    USD 1 = SGD 1.339

    as of 18 Jun 2021 05:16 PM

  • 23.5017

    THB 100 = SGD 4.255

    as of 18 Jun 2021 05:16 PM

  • 21.9058

    TWD 100 = SGD 4.565

    as of 18 Jun 2021 05:16 PM

  • 5.8004

    HKD 100 = SGD 17.24

    as of 18 Jun 2021 05:16 PM

  • 82.3045

    JPY 1000 = SGD 12.15

    as of 18 Jun 2021 05:16 PM

  • 854.7008

    KRW 1000 = SGD 1.17

    as of 18 Jun 2021 05:16 PM

  • 0.6265

    EUR 1 = SGD 1.596

    as of 18 Jun 2021 05:16 PM

  • 0.5359

    GBP 1 = SGD 1.866

    as of 18 Jun 2021 05:16 PM

  • 0.9891

    AUD 1 = SGD 1.011

    as of 18 Jun 2021 05:16 PM

  • 1.0683

    NZD 1 = SGD 0.936

    as of 18 Jun 2021 05:16 PM

  • 10683.7606

    IDR 1000 = SGD 0.0936

    as of 18 Jun 2021 05:16 PM

  • 36.9685

    PHP 100 = SGD 2.705

    as of 18 Jun 2021 05:16 PM

  • 54.054

    INR 100 = SGD 1.85

    as of 18 Jun 2021 05:16 PM

  • 0.6854

    CHF 1 = SGD 1.459

    as of 18 Jun 2021 05:16 PM

  • 0.9233

    CAD 1 = SGD 1.083

    as of 18 Jun 2021 05:16 PM

  • Best Money Changers in Singapore 2020

    With so many money changer options in Singapore, how do you know which of the many money changers is best for you? It isn’t so easy to tell, but there are a few points that can help you compare. First is the ease of doing the exchange, second is currency availability and the third are fees. And not always in that order. Read on to learn about the more popular money changers in Singapore and if they can be a good fit for you.

    If, however, you’re ready to take your global money transfers and currency exchange online, look no further than Wise. And if you want to hold multiple currencies at once, you can with the free multi-currency account. Wise’s online account lets you hold, shop, and send money in 40 different currencies.

    Open your free multi-currency account now

    Thin Margin money changer

    Thin Margin lets you buy currencies online that are then delivered to your door, so there is no going to a counter. However, the exchange rate you get and the time needed to get the funds may feel high.

    • 24 Currencies available including MYR, THB, USD, INR, CNY
    • Minimum amount to exchange is S$ 400
    • Delivery of currency to your door in 2 days

    Instead of having to physically go to a currency exchange, Thin Margin brings the currency exchange to you. With a website that lets you purchase from 24 currencies any day and at any time, you can order online and Thin Margin will deliver to your house. Now the time it takes to deliver is around 2 days, so this may not be the fastest option. Thin Margin also does not purchase currencies or send remittances. Thin Margin does set their own exchange rate so you may find this an expensive option versus others, especially in terms of how much you get in hand.¹

    Arcade Money Changers

    Arcade Money Changers, or AMC, focuses completely on currency exchanges and even has an option to book a rate online. That being said, more transparency as far as currencies available, rates and fees would improve the customer experience.

    • AMC has a legacy of 40 years in the currency exchange business.
    • Available currencies are only listed at the counter
    • AMC offers an innovative way to book a currency online

    If you’re in Coller Quay, you can head over to Arcade Money Changer to buy or sell foreign currencies. Arcade Money Changer also now provides a way to book a currency exchange rate online when you see they are favorable, and then you can take your confirmation down to the counter for the exchange. The only catch is that it requires you to register with them and the validity of the booked rate is for only 24 hours. As for fees, the charges will be typically built into the exchange rate that you get.²

    Raffles Money Change

    Raffles Money Change is in two convenient locations that can make stopping and exchanging currency easy. And while they offer a diverse group of currencies, their customer service is noted in reviews to be lacking.

    • 24 Currencies available including CNY, MYR, EUR, VND
    • Raffles offers money exchange, remittances, bank transfers, and cheque issuance at its branches
    • There is no minimum or maximum limits for remittances

    Raffles Money Change has two branches, one at the Arcade and the other at Jurong Point. The Raffles website unfortunately is not up to date so you will have to either go down to the Raffles counter or give them a call at 6538-0080 or 6536-6800 to know the day’s rates. The fees for using Raffles are also not listed and will depend on the type of transaction you are doing and the currency involved. And if you are doing a currency exchange above S$ 5,000 or sending any remittances, be sure to bring your government-issued ID with you.³

    Mustafa Money Changer

    Located in Mustafa Centre, Mustafa money changer has been a popular choice for currency exchange and remittances, particularly to South Asia.

    • Available currencies include INR, BDT, PKR, BHD
    • In-person exchanges and remittances only
    • Mustafa also has the option for buying/selling gold

    Mustafa Money Changer has particular offerings that are of interest to the South Asian community, such as additional access to currencies like Bangladeshi Taka and Sri Lankan Rupees. Mustafa operates completely in person, so if you want to make a transfer or send a remittance you will have to go down to Mustafa Center. Mustafa does list some of their currencies on their website so you can check the daily rates there. But their fees aren’t as clearly listed, so you will only know how much a transaction will cost you once are at the counter.⁴

    Dollar Exchange

    Dollar Exchange is a popular option at the Jurong Point Shopping Center, but without a digital presence it can be hard to know the exchange rate you can get or the fees beforehand.

    • Available currencies include CNY, MYR, IDR, THB
    • In-person exchanges and transfers only
    • Open 7 days a week

    Dollar Exchange has a convenient location by the Boon Lay MRT Station and caters specifically in currency exchange and transfers through SWIFT, digital transfer, or transfers as an agent. However, their services are not available online and you will have to visit the counter. They have 20+ currencies on offer, and you will have to physically go to Dollar Exchange to find out the day’s rates. They don’t disclose their fees beforehand but there is a flat handling fee on every transaction, on top of any hidden exchange rate fees there might be. But you can only know how much a transfer will cost you when you are at the counter.⁵

    Want a smart way to send and hold multiple global currencies? Look no further than Wise. Wise is not a physical money changer so you don’t need to leave your home to sign up or use it. Instead, Wise lets you send, shop, and hold 40+ currencies from a single free online account, with one low transaction fee and the real exchange rate.

    The true cost of changing currency with money changers

    Figuring out how much a money changer may cost you is not always easy. Most of the money changers don’t have a digital presence through social media or a website. Let alone online calculators to know how much a transaction may cost you. Because of this, you are primarily left in the dark about rates, charges, and fees.

    That being said, there are typically two charges that you can expect as a customer. The first is a service or handling charge. That is a company fee for executing your exchange or transfer. This can vary depending on the type of currency you need, the amount, and the popularity of that currency route exchange. This fee will typically be told to you once the money changer has received all the information they need and are ready to process the transaction. It is often added to your overall bill.

    The second charge may not be so clear. This is normally the fee that is hidden in the exchange rate you get. Most money changers don’t give you the mid-market exchange rate but instead set their own exchange rate. Now, the mid-market exchange rate is the rate that the banks use and the one that you find on Google or Reuters. By setting a rate that is weaker than the mid-market exchange rate, money changers are able to take the difference as a hidden fee to you. Or in other words, a nice profit on every dollar you exchange. And this goes for the buy and sell rates as well, which gives the money changers a spread on each currency exchange rate.

    Compare exchange rates with Wise

    This hidden fee in the exchange rate may seem not that important or very much, depending on the money changer, but it can actually add up to quite a bit. Whether you are exchanging large amounts or exchanging often, or both, the hidden exchange rate fee can make a dent in your wallet.

    With the award-winning app and easy-to-use website, Wise lets you know exactly how much a transaction will cost you. Even before you start. With an easy online calculator, you will see the exact transfer fee and the real mid-market exchange rate you are getting. It is what transparency is all about. So, instead of being confused over unknown fees or paying more because of weaker exchange rates, try Wise.

    Open your free multi-currency account now

    A cheap, fast and transparent alternative: Wise

    Money changers have been a great option in Singapore for a long time, but now there is an easier way to send and buy currencies. Wise is a completely online platform that lets you transfer money to local bank accounts around the world in over 60 currencies.

    And if you want to hold multiple currencies at once, you can with the Wise multi-currency account. One free online account that lets you hold, shop, and send money in 40 different currencies. It just takes a few clicks and you can save money every time. Wise only has one low fee for every transaction, and you will always get the mid-market rate. No mark-ups or unclear fees here. Just complete transparency on your global money transfers.

    With over 7 million customers, Wise makes it easy to send money directly to local bank accounts in 60+ currencies around the world. With one low fee and the real exchange rate, you can exchange into currencies or send money, right from your phone.


    Sources used for this article:

    1. Thin Margin Exchange
    2. Arcade Money Changers
    3. Raffles Money Change
    4. Mustafa Money Exchange
    5. Dollar Exchange

    All sources checked as of 3 June, 2020


    This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. Prior results do not guarantee a similar outcome. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date.

    The Top 10 Best Money Changer in Singapore 2021

    Singapore might be a small state, but it features a secure and developed financial system. The Singaporean currency is among the most firm and well-performing currency in Southeast Asia. 

    One of the indicators of a good currency is a robust currency exchange system in the form of money changers and banks.

    People use money changers for a variety of reasons. Some need it to exchange their currency when they are in a foreign country. Meanwhile, some people use it whenever they run out of money and need smaller bills.

    Guests and tourists will have no trouble in exchanging their own currencies for Singaporean money in the numerous money changers operating on the island. In this article, we will discuss everything that you need to know in case you need to transact with a money changer Singapore.

    Which Exchange Rate Is the Best for You

    An exchange rate that is higher is usually more beneficial since this will allow you to obtain more Singaporean Dollars to use on your travel. A high exchange rate allows you to get more when you are currently in a foreign country and exchanging your local currency with SGD. 

    On the other hand, a low exchange rate is good if you are already home after your trip and exchanging your spare SGD back into your own currency.

    Having a low exchange rate means that your local currency has a value that is greater than SGD, which means that you will get more.

    Determine the Best Time to Exchange Money

    Some people try to exchange currencies before they leave for Singapore, while some opt to exchange once they have arrived, which necessitates the need for many money changers,

    The best time to exchange money is dependent on your plans. If you have to check in to a hotel or visit somewhere as soon as you land, the best time to exchange is before you leave for Singapore.

    Meanwhile, if you will not spend much after arriving in Singapore, it can be a good idea to wait before you arrive prior to exchanging currencies.

    This way, you can take advantage of rates presented by the different money changers in Singapore.

    Here Are the Best Money Changer in Singapore

    1. The Arcade at Raffles Place

    The Arcade can be found at Raffles Place, which is known as the business center of Singapore. As such, the place has a lot of great money changers that features competitive rates for many currencies.  

    There is also an electronic display board at The Arcade which shows the current exchange rates so that you can consult the exchange rate without having to consult the internet.

    The staff at those exchange rates also possess excellent communication abilities, so that you will be able to transact without any problem due to misunderstandings.

    Money changers on The Arcade at Raffles Place features the best rates for US Dollar, Euro, Japanese Yen, British Pound Sterling, Malaysian Ringgit, Thai Baht, and New Taiwan Dollar.

    1. Mustafa Centre

    A lot of money changers are located at Mustafa Centre in Singapore. One of them includes the Mustafa Foreign Exchange, a money changer that is operating 24 hours a day, 7 days a week.

    At that schedule, it is the only money changer in Singapore that is open day and night every day of the week.

    Mustafa Centre is recommended if you are exchanging Chinese Yuan, Philippine Peso, Hongkong Dollar, Malaysian Ringgit, Indonesian Rupee, and Indian Rupee. Take note that the money changers at the Mustafa Centre do not accept traveler’s check. 

    You can also attempt to negotiate for more competitive rates.

    1. Lucky Plaza

    The money changers in Lucky Plaza can be found on Orchard Road, also known as the shopping center in Singapore. 

    For this reason, it is a very convenient place to exchange currencies for tourists that are already visiting Orchard Road and the surrounding area.

    Although no electronic display board is located on Lucky Plaza, you can still ask your queries on the employees of the money changers. 

    Alternatively, you can consult on the internet regarding the exchange rates. Lucky Plaza money changers offer the best rates for Philippine Peso, Thailand Baht, and Malaysian Ringgit.

    1. People’s Park Complex Chinatown

    People’s Park Complex houses numerous money changers. The main feature of these money changers is the ability to compare the rates of each money changer stall prior to deciding on which one to go to.  

    This will allow you to get the best rates possible for the currency that you have. Located at the center of Chinatown in Singapore, it is a great place to exchange money if you are already visiting the area.

    The money changers in People’s Park Complex Chinatown feature the best rates for Chinese Yuan, Philippine Peso, Thai Baht, Hongkong Dollar, and Malaysian Ringgit.

    1. Dollar Exchange PTE LTD

    One of the best ways to know you’re dealing with a trustworthy money changer is to look at their rates and the way they treat their customers. 

    Many find Dollar Exchange PTE LTD to handle exchange rates as close as possible to the financial forecast. In fact, one might wonder about the actual service fees they charge customers (because it’s closely priced to the most-recent forex rates)

    If you plan to head to use Dollar Exchange PTE LTD, you’ll need to head to the first level of Jurong Point at 63 Jurong West Central with block number #01-18. 

    Make sure you arrive earlier than 10am too because the lines really get long. Many Singaporeans love Dollar Exchange PTE LTD for their fair rates.

    The money changer has been servicing Singaporeans and foreigners for more than 20 years. In addition to its money-changing service, both citizens and foreigners can send money locally or abroad through their top-quality remittance services, which also have fairly low rates. 

    Dollar Exchange also features a website where you can check the total amount you’ll receive for your currency before you even queue up in the lines.

    1. Crante Money Changer

    We’ve mentioned People’s Park to house many money changers above. One of the most notable mentions is Crante Money Changer. You can find People’s Park Complex at 1 Park Road. The moneychanger’s block is at #01-K95C.

    It’s wise to queue up early when heading to this money changer because of the long lines. If you can arrive before 9am, they can serve you as quickly as possible. This cash changer is in high demand.

    Crante has long lines because it buys and sells plenty of currencies, including Renminbi, Chinese Yuan, Malaysian Ringgit. They also purchase foreign currencies including Euro, Scandinavian Krones, and others.

    The moneychanger might not be as generous as other money changers when lowering their fees (and any money changer can do so because they have other services, such as local and foreign remittance), but they offer fare rates. 

    Furthermore, they make their services accessible, especially considering People’s Park Complex is almost at the center of everything in Singapore.

    They may not have their website to help facilitate your needs, but sure enough, their excellent customer service makes your wait worthwhile. 

    In additon, the returns you’ll receive selling foreign currencies will help you boost your finances, even if you’re just looking to spend official tender through money changing Singapore services.

    1. Yakadir Money Changer

    If you’re residing near Katong Shopping Center, Yakadir PTE LTD is one of Singapore’s best-rated money changers. The proof: there are long lines almost every day. 

    Fortunately, you won’t need to queue up immediately with this currency convertor Singapore because you can check the currencies they’re buying and selling and their exchange rates for each type of money.

    Yakadir has been providing money changing services for Singaporeans and foreigners for more than three decades. With experience comes great learnings, and Yakadir has made their practices and processes completely transparent for all their customers.

    They charge modest service rates than other money changers, and this is thanks to their excellent remittance services.

    Remittance services are essential for foreigners in Singapore, especially for sending their families money from their work. In addition to excellent currency prices, Yakadir features great local and international remittance rates too.

    The Katong Shopping Center is a bit a ways off for other parts of Singapore. Fortunately, train systems make it possible to reach 80 Marine Parade Road immediately. 

    Once you’re in Katong Shopping Center, you can head to block 01-91 to have your money changing needs serviced immediately.

    1. A.R. Money Changer

    You’ll mostly see people complaining about the long lines and problematic length of time they spend exchanging money in A.R. Money Changer. However, those long queues exist for a reason; they A.R. Money Changer offers the best rates than other money changers. 

    Often, you’ll wonder if they’re still charging for service fees because of their low exchange rates close to the recent forex forecast. On the other hand, you’ll need to endure some long lines even if you go early before their opening hours at 10:30am.

    You’ll find A.R. Money Changer to offer the best exchange rates than other money changers in Singapore but if only you’re willing to travel to 9 Bishan PI at #01-K10 Junction 8. 

    They buy and sell a great number of currencies, including the best exchange rates for Malaysian Ringgit, since they carry much more supplies than others. A.R. Money Changer also has a website where you can check for currency prices before you leave for the money changer. The exchange rates on their website are always updated regularly as well.

    1. Thin Margin

    Singapore’s first 24/7 online money changer is one of the best money changers in the country. Instead of falling in line and enduring long queues, you can use their online platform to buy and sell your currencies. 

    If you have a foreign currency bank account, the money changer can deposit your Scandinavian Krones, Russian Rubles, Malaysian Ringgit, and foreign money available. Otherwise, they will deliver the money straight to you using couriers.

    Furthermore, Thin Margin is a government-backed initiative. In doing so, they offer great rates for foreign currencies greatly close to the most recent forex broadcasts. 

    Furthermore, their advanced financial technology allows buyers to purchase foreign currencies using online banking aside from credit cards. 

    Lastly, with government subsidy, you can lock in the amount during your purchase date, ensuring that you won’t pay extra for any fluctuations in the currency.

    Additionally, rate alert gives you daily updates about currency prices you’d wish to remain updated. If you’re doing foreign exchange investments, this is a nifty tool to have.

    1. Fountain Money Changer

    If you’re residing near Marina Square, you won’t have any problems buying or selling foreign currencies. If you’ve just arrived from the airport, you can head straight to Fountain Money Changer services. With their excellent rates, you can exchange more than 100 currencies and get the best rates.

    Marina Square Shopping Mall resides at 6 Raffles Boulevard at block #02-332. It’s just around Esplanade and City Hall station, which makes it accessible for almost every Singaporean in different areas.  You can find money changers in Singapore along the way, but none of them can par with Fountain Money Changer.

    Because of their decades-long experience in money changing, Fountain Money Changer is known for its polite service, which can top other money changers in Singapore. 

    Furthermore, they’re highly polite when it comes to explaining their rates and the entire process of money exchange (for first-timers). In Singapore, they offer the lowest possible rates for buyers because of their close-cut prices for all currencies they offer.

    Conclusion

    If you’re looking for excellent money changers, no doubt you’ll find the best experience with these money changers we’ve listed here. On the other hand, if you’re looking to start your foreign exchange investment venture, you can borrow money through moneylenders to start making money. 

    Make sure you learn everything you need to know to make your forex venture profitable.

    If you’re looking for a reliable money lender in Singapore, then you can make use of GM Creditz‘s personal loan service. We are a licensed money lender in Singapore offering foreigner loans, personal loans, payday loans, and more.

    Click here to visit our website for more information, or give them a call at 6588 1886.

    Best Money Changers In Singapore With The Best Exchange Rates

    Travelling soon?

    After booking your flights and accommodation, the next brain-draining task is probably changing money.

    You’re probably wondering where is the best money changers in Singapore? And which one would give me the best exchange rate

    Source: SpongeBob SquarePants | giphy

    Look no further as we got you.

    Disclaimer: we’re not sponsored in any way, we’re just recommending platforms which we find to be the most useful in finding the best money changers who give the best exchange rates!


    The Best Money Changers In Singapore With The Best Exchange Rates

    When we asked the ever-helpful Seedly Community where is the best place to change money, here’s what we got:

    • The Arcade at Raffles Place
    • Lucky Plaza on Orchard Road
    • Mustafa Shopping Centre in Little India
    • Parkway Parade in Marine Parade
    • People’s Park Complex in Chinatown

    The recommendations are great, but we decided to do a little bit more research to try looking for money changers all over the island.

    We used the following currencies (we conducted a poll amongst the Seedly team on which are the most popular currencies) to compare rates:

    • Australian Dollar (AUD)
    • British Pound (GBP)
    • Chinese Yuan (RMB)
    • Euro (EU)
    • Hong Kong Dollar (HKD)
    • Indonesian Rupiah (IDR)
    • Japanese Yen (JPY)
    • Korean Won (KRW)
    • Malaysian Ringgit (MYR)
    • Taiwan Dollar (TWD)
    • Thai Baht (THB)
    • US Dollar (USD)

    And narrowed down the top 3 money changers which give the best rates for the above-listed currencies:

    Best Exchange Rate For Money Changer Address Contact
    Australian Dollar (AUD) Capital Forex Pte Ltd 11 Collyer Quay, #02-01A, The Arcade, S(049317) 6260 4797
    Cuppage Money Changer 5 Koek Road, #01-06, Cuppage Plaza, S(228796) 6732 8252
    Universal Money Express Pte Ltd 11 Collyer Quay, #02-04, The Arcade, S(049317) 6222 2040

    6222 2041

    British Pound (GBP) SG Exchange Pte Ltd 1 Pasir Ris Close, #01-333, [email protected] East, S(519599) 6284 2564
    Al-Najib Enterprise 30 Sembawang Drive, #03-02, Sun Plaza, S(757713) 6483 5336
    Simlim Exchange and Trading 1 Rochor Canal Road, #01-49, Sim Lim Square, S(188504) 6336 2232
    Chinese Yuan (RMB) Faizam Forex Pte Ltd 11 Collyer Quay, #02-13A, The Arcade, S(049317) 6788 7688
    8451 5553
    Universal Money Express Pte Ltd 11 Collyer Quay, #02-04, The Arcade, S(049317) 6222 2040

    6222 2041

    Cuppage Money Changer 5 Koek Road, #01-06, Cuppage Plaza, S(228796) 6732 8252
    Euro (EUR) Universal Money Express Pte Ltd 11 Collyer Quay, #02-04, The Arcade, S(049317) 6222 2040

    6222 2041

    People’s Corner Money Changer 11 Collyer Quay, #02-07, The Arcade, S(049317) 6223 3040
    Triple Star Exchange 211 Holland Avenue, #01-K4, Holland Road Shopping Centre, S(278967) 6463 5334
    Hong Kong Dollar (HKD) Firman $hah International Exchange Blk 208B New Upper Changi Road, #01-71, S(462208) 6284 6225

    8104 2234

    Two-Way Exchange Blk 311 New Upper Changi Road, #02-01A, Bedok Mall, S(467360) 6262 6234
    R&R Money Exchange Pte Ltd Blk 201B Tampines 21, #01-1063, Tampines Estate, S(522201) 6588 1318

    8202 4842

    Indonesian Rupiah (IDR) Mr Currency Exchange Blk 5001 Beach Road, #01-K67D, Golden Mile Complex, S(199588) 8725 6241
    (WhatsApp Call only)
    People’s Corner Money Changer 11 Collyer Quay, #02-07, The Arcade, S(049317) 6223 3040
    Fiat Money Changer 11 Collyer Quay, #02-37, The Arcade, S(049317) 6224 0901
    Japanese Yen (JPY) Two-Way Exchange Blk 311 New Upper Changi Road, #02-01A, Bedok Mall, S(467360) 6262 6234
    Mr Currency Exchange Blk 5001 Beach Road, #01-K67D, Golden Mile Complex, S(199588) 8725 6241
    (WhatsApp Call only)
    MM Ismail & Co Blk 930 Yishun Avenue 2, #B1-42, North Point Shopping Centre, S(769098) 6755 8445

    6257 9618

    Korean Won (KRW) Mr Currency Exchange Blk 5001 Beach Road, #01-K67D, Golden Mile Complex, S(199588) 8725 6241
    (WhatsApp Call only)
    Firman $hah International Exchange Blk 208B New Upper Changi Road, #01-71, S(462208) 6284 6225

    8104 2234

    Two-Way Exchange Blk 311 New Upper Changi Road, #02-01A, Bedok Mall, S(467360) 6262 6234
    Malaysian Ringgit MM Ismail & Co Blk 930 Yishun Avenue 2, #B1-42, North Point Shopping Centre, S(769098) 6755 8445

    6257 9618

    Unique Money Changer Blk 209 New Upper Changi Road, #01-K1, S(460209) 6469 4378
    Capital Forex Pte Ltd 11 Collyer Quay, #02-01A, The Arcade, S(049317) 6260 4797
    Taiwan Dollar (TWD) Universal Money Express Pte Ltd 11 Collyer Quay, #02-04, The Arcade, S(049317) 6222 2040

    6222 2041

    Capital Forex Pte Ltd 11 Collyer Quay, #02-01A, The Arcade, S(049317) 6260 4797
    Firman $hah International Exchange Blk 208B New Upper Changi Road, #01-71, S(462208) 6284 6225

    8104 2234

    Thai Baht (THB) People’s Corner Money Changer 11 Collyer Quay, #02-07, The Arcade, S(049317) 6223 3040
    Fiat Money Changer 11 Collyer Quay, #02-37, The Arcade, S(049317) 6224 0901
    Capital Forex Pte Ltd 11 Collyer Quay, #02-01A, The Arcade, S(049317) 6260 4797
    US Dollar (USD) Fiat Money Changer 11 Collyer Quay, #02-37, The Arcade, S(049317) 6224 0901
    People’s Corner Money Changer 11 Collyer Quay, #02-07, The Arcade, S(049317) 6223 3040
    Sarmus Exchange 1 Park Road, #01-K95A, People’s Park Complex, S(059108) 6694 8393

    Source: CashChanger

    Here’s what we found out:

    • The majority of money changers with the best exchange rates are located in The Arcade, but you’ll probably need to find some time to get down there before 6pm because that’s when they’re closed
    • East siders rejoice as they’ve got plenty of options in Bedok and Tampines like Firman $hah International Exchange and Two-Way Exchange
    • North siders have MM Ismail & Co to rely on
    • West siders don’t really have a lot of choices, and even if they do, the rates aren’t as great as what you would get from moneychangers in the Central or East

    Note: as exchange rates change on a regular basis, this is just an agar-ation of which money changer gives the best exchange rates. It would be a better idea to check CashChanger to get real-time information as to which money changer has the best exchange rates.


    Some Commonly Asked Questions About Money Changers

    1. Buy Or Sell? Which Column Should I Be Looking At?!

    The most commonly asked question that most of us have is: “Which column should I be looking at? Is it the ‘Buy’ or ‘Sell’ column?”

    Well, here’s a very simple exercise to help you:

    • Think of the foreign currency which you wish to change for as an ‘object’
    • Ask yourself if the money changer is the buyer or seller of that ‘object’

    Alternatively…

    • If you are travelling overseas, you are looking to buy foreign currency from the money changer: Look at the “Sell” column
    • If you are holding foreign currency, you are looking to sell foreign currency to the money changer: Look at the “Buy” column

    2. Is A Higher Or Lower Exchange Rate Better For Me?

    It really depends.

    If you are travelling overseas and want to buy foreign currencies then a higher exchange rate is better. This means we can get more foreign currency in exchange for our SGD.

    If you just came back from overseas and want to sell your extra foreign currencies then a lower exchange rate is better. This means our foreign currency is worth more and that gives uyus more SGD back!

    3. How Do Money Changers Earn Money?

    Source: SpongeBob SquarePants | giphy

    They earn through the bid-ask spread, which is the difference between the buying and selling price of a currency.

    Let’s use a popular currency pair like USD-EUR.

    Assuming the exchange takes place in America, the base currency would be in USD.

    Buy Price: 1.1

    Sell Price: 1.2

    Joey is an American travelling to Europe and wants to buy 1000 EUR. He pays USD$1,200 and gets 1000 EUR.

    Emily is an American returning from Europe and wants to sell her leftover EUR. She sells 1000 EUR and gets back USD$1,100.

    The difference of USD$100 here is the bid-ask spread and is the profit which the money changer pockets.

    4. Why Are Some Money Changers Able To Give Better Exchange Rates?

    It all boils down to supply and demand.

    Have you ever walked into the Arcade at Raffles Place during lunchtime?

    The number of money changers packed into that place and the number of people looking to change money is mind-boggling.

    Source: giphy

    For money changers in busy locations like the Arcade, Mustafa, or People’s Park Complex, the only way they can stand out amongst the competition is to provide the most competitive rates as possible.

    5. When Is The Best Time To Change Money?

    Whenever you’re free lah

    Source: giphy

    Okay, not funny.

    Tip 1: Avoid The Weekends

    Besides the obvious fact that EVERYBODY will be changing their money on the weekends as they were too busy to do it on a weekday due to work or other commitments.

    The Foreign Exchange (forex) markets are opened for 24 hours a day from Monday through Friday, but they’re all closed on the weekends.

    So whatever exchange rate that the money changers work with would be the last available quote on Friday.

    When the markets re-open on Monday, there’s a chance that the currencies might open at higher or (even) lower rates.

    In order to mitigate this, the moneychangers will factor in a slight mark-up and the resultant exchange rates would be a little worse than what you should be enjoying.

    No hard feelings ya? It’s all business.

    Tip 2: Monitor And Buy Bit By Bit

    Let’s say you’re damn kiasu and planned your overseas holiday a year in advance.

    You can monitor the exchange rates month-on-month and compare it against the prevailing 1-year average exchange rate for whatever currency you wish to change your SGD to.

    You can also separate the amount of money you would like to change into batches, for example, 30% + 30% + 40%.

    It’s a little like buying stocks during a market correction.

    Since you can never catch when the price will hit the bottom, similar to how you can never catch the highest possible exchange rate, changing your money in batches ensures that you at least can enjoy some measure of good exchange rates.

    Note: this really only matters if you’re changing a huge sum of money. If you’re changing only $200 for a weekend in Bangkok then it might not be worth the time or effort.


    What Can I Do With Leftover Foreign Currency?

    One major problem that comes with travelling is leftover foreign currency.

    Especially if it’s a country which you’re probably never going to visit again.

    If you don’t want to sell it to the money changer, you can always try a p2p platform like Marco Polee which allows you to connect with other travellers who’re looking to buy the currency which you wish to get rid of.

    Best of all, there’re no hidden fees or commission, and you can always arrange a meetup at your convenience.

    Source: Marco Polee

    Simply put, it is like a Carousell but for foreign currencies.

    How awesome is that?


    Are There Any Alternatives To Physically Going Down To Change Money?

    If you don’t have time to queue at The Arcade, you can always try Thin Margin.

    Source: Thin Margin

    It’s a 24/7 service which allows you to order currencies online and have it delivered right to your doorstep.

    If you’re thinking that it’s too good to be true, they’re licensed by the Monetary Authority of Singapore (MAS) and the Singapore Tourism Board (STB).


    Pro Tips On How To Find The Best Exchange Rate

    Here are a couple of tools which you can use to find out which money changer gives you the best exchange rate:

    CashChanger

    Source: CashChanger

    All you have to do is key in the currency you want and the site will list the money changers with the best rates.

    Rates are updated regularly and can even be sorted based on area so you can find the closest money changer to you.

    Get4x.com

    Source: Get4x

    It’s kind of like CashChanger, except that it allows you to book a currency rate with the money changer of your choice.

    That’s very helpful if you managed to secure the best exchange rate but can’t head down immediately to change your money.


    Do you have any tips when it comes to changing money and getting the best exchange rates? Feel free to share them below!

    Best Money Changers In Singapore With The Best Exchange Rates

    Money Changers

    Changing money in Singapore is a fascinating exercise, simply for the sheer number of tips, tricks, and secret locations that everyone seems to swear by.

    Yet, as forex rates change in real-time, how can there be any one perfect formula for getting the best exchange rate for your buck? 

    Objectively speaking, there isn’t. But you can increase your chances of getting a good exchange rate with the following tips in this article.  

    But you also need to ask is it worth going through all the trouble? If you’re exchanging a couple hundred ringgit for a quick trip to JB (when travel restrictions lift), then simply head to your nearest money changer because the time and travel costs to head to the “best” money changer will eat up any savings you might have had. But, if you’re exchanging thousands of dollars for your year-end odyssey in far-flung Scandinavia, a bad exchange rate can set your budget back by hundreds, if not thousands of dollars.

    To cut through the confusion, we’ve put together a simple-to-follow guide on where to find Singapore’s best money changers, as well as 4 tips on how to get the best exchange rate.

    Best money changers in Singapore

    Here’s a list of where to find money changers in Singapore that offer the best foreign exchange rates: 

    Best Money Changers in The Arcade
    (11 Collyer Quay, Singapore 049317)

    Recommended
    Currencies

    #02-03

    Arcade Plaza Traders

    EUR, GBP, JPY, MYR,
    THB, TWD, USD

    #02-04

    Sheen International Exchange

    #02-05

    Hassan & Sons Exchange

    #02-07

    People’s Corner Money Changers

     

    Best Money Changers in Lucky Plaza
    (304 Orchard Rd, Singapore 238863)

    Recommended
    Currencies

    #B1-10

    Rahiman Trading

    PHP, THB, MYR

    #B1-141

    Europe Fancy Store

    #01-14

    True Blue Money Changer

    #01-37

    Rabi Trading

    #01-82

    Fajar Money Changer

     

    Best Money Changers in People’s Park Complex, Chinatown
    (1 Park Rd, Singapore 059108)

    Recommended
    Currencies

    #01-16A

    Today’s Money Exchange

    CNY, PHP, THB,
    MYR, HKD

    #01-K95C

    AK Money Changer

    #01-61

    Emerald Money Changer

    #01-28

    Crante Money Changer

     

    Best Money Changers in Parkway Parade
    (80 Marine Parade Rd, Singapore 449269)

    Recommended
    Currencies

    #01-01

    Sino Money Changer

    THB, USD, MYR,
    JPY, HKD

    #01-16

    Everpeace Money Changer

    #01-91

    Yakadir Enterprises

    Tip 1: Go where the money changers are 

    Story continues

    There’s a reason why places like The Arcade and People’s Park Complex are known for having competitive rates:  a large concentration of money changers in the same area makes it easy to comparison shop for the best exchange rate.

    This causes money changers to provide better rates than their peers in order to capture a larger share of  transactions (from which they earn). Which means better exchange rates for you. 

    Tip 2: Check real-time exchange rates before you buy

    Check the following  apps and websites that provide real-time foreign exchange rates to ensure  you’re getting a good deal. 

    XE.com is perhaps one of the most well-known forex apps, letting you quickly and easily calculate conversions among the world’s currencies. This is useful if you don’t have the time nor patience to go currency shopping, but need a quick way to check if your neighbourhood money changer is any good. 

    If the quote from your local money changer is significantly lower than the rate displayed on xe.com, you’re probably better off with another changer. Do note that as xe.com displays market rates, money changers will never be able to match the rates you see. So a slight difference is to be expected (that’s the money changer’s commission for providing the service to you).

    Cashchanger.co is another website that helps you find the best money changers. Simply input the amount of SGD you want to exchange, the currency you need, and you’ll be presented with a list of money changers with the best rates at the moment. 

    They also track currency rates across the last 180 days and tell you whether it’s a good time to buy the currency you want:  green thumbs up for “Buy” and red thumbs down for “Don’t Buy”. There’s also a handy trends chart for each currency, which displays up to 60 days worth of data.

    Get4x.com offers a similar service to Cashchanger.co, but with the added benefit of allowing you to lock in the currency rate you want with the money changer of your choice. You can then go down and exchange your money at the rate you booked. 

    Tip 3: Avoid exchanging money on weekends

    Avoid exchanging your money on weekends because you’ll tend to be slapped with a markup rate.

    You see, money changers get their exchange rates from the forex markets, which don’t trade on  weekends. This means that money changers take reference from Friday’s rates. 

    This impacts you in two ways. Firstly, if the currency you want ends Friday on a high, you’re stuck with that rate. Secondly, to hedge against currency fluctuations which will affect the opening exchange rate on Monday, money changers apply a markup on the Friday rate.

    So if you’re trying to squeeze out a few hundred more baht, it might be worthwhile to come back again on Monday or Tuesday.

    Tip 4: Compare foreign currency mobile wallets

    Foreign currency mobile wallets like YouTrip, UOB Mighty FX, Revolut and TransferWise are digital wallets that let you manage multiple currencies in a single app. These mobile apps are really simple and easy to use. 

    First, top up your account with Singapore Dollar (SGD). Next, choose which currency you want to exchange your SGD for. For example, you can exchange SGD for EUR. Using YouTrip, the app will then show you the exchange rate. If you agree with the exchange rate, all you need to do is to click “confirm” and you will get EUR in your wallet.

    Read these next:
    Mobile Wallets in Singapore: A Complete Guide
    Best 6 Credit Cards For Overseas Spending
    Should I Use my Credit Cards Overseas To Earn Miles?
    Amex, Visa or MasterCard: Which Is Better for Travel?
    Should You Buy Airline Or Hotel Travel Credits Amid COVID-19?

    By Alevin Chan
    An ex-Financial Planner with a curiosity about what makes people tick, Alevin’s mission is to help readers understand the psychology of money. He’s also on an ongoing quest to optimise happiness and enjoyment in his life.

    The post Best Money Changers In Singapore With The Best Exchange Rates appeared first on SingSaver Blog – We Compare, You Save.

    Foreign Exchange Rates for US Dollars

    1Exchange rates fluctuate, at times significantly, and you acknowledge and accept all risks that may result from such fluctuations. If we assign an exchange rate to your foreign exchange transaction, that exchange rate will be determined by us in our sole discretion based upon such factors as we determine relevant, including without limitation, market conditions, exchange rates charged by other parties, our desired rate of return, market risk, credit risk and other market, economic and business factors, and is subject to change at any time without notice. You acknowledge that exchange rates for retail and commercial transactions, and for transactions effected after regular business hours and on weekends, are different from the exchange rates for large inter-bank transactions effected during the business day, as may be reported in The Wall Street Journal or elsewhere. Exchange rates offered by other dealers or shown at other sources by us or other dealers (including online sources) may be different from our exchange rates. The exchange rate you are offered may be different from, and likely inferior to, the rate paid by us to acquire the underlying currency.

    We provide all-in pricing for exchange rates. The price provided may include profit, fees, costs, charges or other mark ups as determined by us in our sole discretion. The level of the fee or markup may differ for each customer and may differ for the same customer depending on the method or venue used for transaction execution

    In connection with our market making and other activities, we may engage in hedging, including pre-hedging, to mitigate our risk, facilitate customer transactions and hedge any associated exposure. Such activities may include trading ahead of order execution. These transactions will be designed to be reasonable in relation to the risks associated with the potential transaction with you. These transactions may affect the price of the underlying currency, and consequently, your cost or proceeds. You acknowledge that we bear no liability for these potential price movements. When our pre-hedging and hedging activity is completed at prices that are superior to the agreed upon execution price or benchmark, we will keep the positive difference as a profit in connection with the transactions. You will have no interest in any profits.

    We also may take proprietary positions in certain currencies. You should assume we have an economic incentive to be a counterparty to any transaction with you. Again, you have no interest in any profit associated with this activity and those profits are solely for our account.

    You acknowledge that the parties to these exchange rate transactions engaged in arm’s-length negotiations. You are a customer and these transactions do not establish a principal/agent relationship or any other relationship that may create a heightened duty for us.

    We do not accept any liability for our exchange rates. Any and all liability for our exchange rates is disclaimed, including without limitation direct, indirect or consequential loss, and any liability if our exchange rates are different from rates offered or reported by third parties, or offered by us at a different time, at a different location, for a different transaction amount, or involving a different payment media (including but not limited to bank-notes, checks, wire transfers, etc.).

    Find the best exchange rate for Singapore Dollar

    in 3 days

    Estimated delivery time

    If you send money now, we assume that the funds will be credited to the recipient’s account within this time frame. However, the expected time may vary depending on how you send funds.

    1.59573 Mid-market rate [?] 4.91 EUR Transparent commission [?] 1587.89 SGD

    Make a transfer

    Supported by

    Supported by Wise

    We started cooperation with providers who believe in fairness and transparency. This is why all the providers that Wise supports offer an exchange rate just like we do.

    in 3 days

    Estimated delivery time

    If you send money right now, we assume that the funds will be credited to the recipient’s account within this period of time. However, the expected time may vary depending on how you send funds.

    1.59573Mid-market rate [?] 4.91 EUR Transparent commission [?] 1587.89 SGD
    Supported by

    Supported by Wise

    We have started cooperation with providers who believe in fairness and transparency. This is why all the providers that Wise supports offer an exchange rate just like we do.

    in 3 days

    Estimated delivery time

    If you send money right now, we assume that the funds will be credited to the recipient’s account within this period of time.However, the expected time may vary depending on how you send funds.

    1.59573 Mid-market rate [?] 4.91 EUR Transparent commission [?] 1587.89 SGD
    within 3-4 days

    How do we calculate delivery time

    We use publicly available information on their website, for ease of comparison

    1.58566 15.22 EUR 1561.53 SGD EUR

    SGD to

    The figures show the cost of transferring EUR from your SGD account in Singapore. But remember that the provider may charge a different commission depending on the country where you are sending.

    – 26.36 SGD

    This provider does not publish expected delivery times

    We use the publicly available information on this provider’s website about estimated delivery times for translations. At the moment, this provider does not publish this information.

    1.55032 0.00 EUR 1550.32 SGD- 37.57 SGD

    Dynamics of the rate of the Singapore dollar (SGD) to the ruble, dollar, euro, graph of changes in the rate of the Singapore dollar for a week, month and for 2021, converter, currency quotes for today, forecast for tomorrow

    Singapore Dollar is the official currency of the Republic of Singapore. Bank code – SGD. 1 Singapore dollar is equal to 100 cents. Valid banknotes: 10 thous., 1 thousand, 100, 50, 10, 5, 2 dollars. Coins: 1 dollar, 50, 20, 10, 5 and 1 cent. At the same time, the smallest coins of 1 and 2 cents are currently no longer issued, but are still in circulation and are legal tender.

    The entire series of Singapore banknotes on the obverse shows the portrait of the country’s first president, Yusof bin Ishaq, who led the island state from 1965 to 1970. And on the back there are symbols of different spheres of life in Singapore. On 2 dollars – education (students against the background of the medical college, the former building of the Thomas Raffles Institute, named after the founder of the country).For $ 5 – gardens of Singapore (evergreen tembusu tree and hybrid orchids Wanda Miss Joaquim – the national flower of Singapore). $ 10 is dedicated to sports, $ 50 to art (the bill shows reproductions of paintings and musical instruments). The $ 100 symbolizes the youth of the country. For 1 thousand dollars – the government building, symbolizing the power of the country. And one of the most expensive 10,000 Singapore dollar bills in the world is dedicated to the economy and high technology. It depicts a girl behind a microscope next to a computer against the background of a computer processor core.

    The coins of Singapore on the obverse bear the national emblem of the country and the name of the state in four official languages. On the reverse – tropical flora. On the 1st cent is the Wanda Miss Joachim orchid, the symbol of the country. On 2 cents – a climbing monstera plant. 10 cents depicts jasmine, 20 cents – a perennial calliandra flower, 50 cents – allamanda. For 1 dollar – a tropical flower of the Kurtov family.

    Singapore dates back to the 3rd century AD. For many centuries, it was part of various Asian states, being a trading port at the intersection of sea routes.In the 19th century, Singapore became part of the British Empire. At the same time, the main currency of the country in the period from 1904 to 1939 was the so-called dollar of the straits, issued by the Council of Commissioners for Monetary Circulation. In 1939, it was replaced by the Malay dollar.

    At the beginning of World War II, Singapore was turned into a fortified island, despite this in 1942 it was occupied by the Japanese.

    After the end of hostilities, Singapore again became a British colony, and in 1959 independence was proclaimed as part of the Commonwealth of Nations.In 1963, Singapore joined the Federation of Malay. During this period, he entered into a monetary union with Malaysia and Brunei.

    However, in 1965, Singapore again became an independent state. In the same year, a special council for monetary circulation was created, and in 1967 the Singapore dollar appeared, which was equated at a ratio of 1 to 1 to the Malaysian ringgit and freely exchanged for the Brunei dollar.

    The Singapore dollar was originally pegged to the British pound sterling at a ratio of 60 cents to 7 pounds.But in the 70s of the last century, the British currency ceased to be a stronghold of stability. For several years, the Singapore authorities focused on the US dollar, and since 1973 – on a basket of major world currencies.

    Since 1985, the value of the Singapore dollar has been determined solely by the market, supply and demand, but under the control of the country’s regulator – the Monetary Authority of Singapore.

    Singapore today is an amazing example of how a poor developing country, having embarked on the path of economic transformation, focusing on exports and technological development, has become the most developed state in the region within just a few decades.

    In the spring of 2012, the exchange rate is 1.24-1.25 Singapore dollars per US dollar, 1.64-1.65 per euro. 1 Singapore dollar can be bought for 23.61 Russian rubles.

    The Singapore dollar is a freely convertible currency, there are no restrictions on the import and export of money. The only peculiarity is that it is forbidden to import so-called game (souvenir) money into the country. At the same time, almost everywhere in Singapore, you can pay not in cash, but by bank cards.

    What currency to take to Singapore?

    Artem:

    What money should we take to Singapore? There is so much information that I do not understand anything. Can someone provide a specific answer?

    estimate

    To get local Singapore dollars, take euros, US dollars with you – you will exchange them in any exchanger, even in the street, also at the airport (though the rate there is not very profitable) – remember that you will most likely not be able to exchange Russian rubles.

    Brunei dollar is also accepted in many places – it is equal to Singapore dollar.

    Christina Novosad

    estimate

    We took dollars, exchanged a small part at the airport, in the exchanger, of which there were several: in the arrival hall, departure hall and at the exit, everyone works around the clock and, judging by the posted rates, they change practically any currency – all the leading currencies of the world and everything Asian.Although, you can withdraw Singapore dollars from the card, even in dollars, even in euros or rubles – the airport is full of ATMs. The best exchange rate was found in the electronics shopping center “Mustafa Center”, but it is not necessary to go there – in other exchangers located in shopping centers, the rate differs slightly. The most disadvantageous rate is at the hotel reception.

    Ksyusha

    estimate

    In Singapore, you can easily exchange currencies of leading world powers, including the popular means of cash among Russian tourists – euros or dollars.But it should be noted that the exchange rate of US dollars for the local currency is still more profitable than that of the single European currency. The official rates today look like this: for 1 Singapore dollar they give 0.8 US dollars and 0.57 euros. Onsite courses may vary slightly. In addition, take into account the possible commission when exchanging. Information about this is always in a prominent place at each exchange point and in English. The only thing that can hardly be exchanged for local money is Russian rubles.

    Alexander

    estimate

    Going to Singapore, take with you dollars or euros, which of these currencies to choose, there is no fundamental difference.In general, you can fly to Singapore without cash, but only with bank cards. In many places you can pay with Visa, Master Card and American Express bank cards. ATMs where you can withdraw cash are located here at every step, and you can pay with a bank card almost everywhere, even in a taxi. But taxis charge a large commission of up to 15%, so it’s better to have cash with you. For one operation in Singapore, you can withdraw from 20 to 2000 dollars, but do not forget to warn your bank before the trip that you are going to Asia, otherwise they may block the issuance of money.

    You can exchange currency in Singapore at banks, exchange offices, metro stations, shopping centers and hotels. You can recognize exchange offices by the sign “Licensed money changer”. It is absolutely safe to change money in them; they are all licensed. Exchange offices work from 10:00 to 17:00, some until 20:00, and many generally around the clock. Banks here work on weekdays from 9:30 to 16:30, on Saturdays from 9:30 to 13:00, and Sunday is a day off. It is most profitable to change money at exchange offices.Do not change a large amount of money at once, just ask the price and where there will be the most favorable rate there, and exchange currency.

    Anna

    estimate

    Singapore is located at the crossroads of trade routes and economies, so you can change different currencies in it. In exchange offices I came across all currencies of the countries of Southeast Asia, except for the kip of Laos and the kyat of Myanmar, as well as Australian, New Zealand, Chinese, Korean, Japanese, Swiss and Middle Eastern money.Therefore, it is not a problem, for example, to fly to Singapore from Japan or South Korea and exchange money there for local dollars. The country is quite expensive.

    Alexey

    estimate

    The national currency in Singapore is the Singapore dollar. A sufficiently large number of coins and banknotes are circulating. You can exchange currency as well as in other countries in Singapore in banks or in specialized exchange offices that have a Licensed money changer sign.Such exchangers are most often found in large shopping centers, hotels and metro stations. You can also change money at the airport, but this is not the best option. The most profitable way is to make an exchange at the “Mustafa Center” trade center. As for the currencies that you can bring with you, these are dollars and euros. You will not have any problems with the exchange of these currencies, but Russian rubles in Singapore are not accepted or exchanged anywhere, so it is better not to take them with you. For the most part, all payments are made in national currency.Exchange offices work until 17:00, and only some of them work until 20:00. Singapore is an economically developed state, so you can safely take credit cards with you and pay with them – they are accepted everywhere and even for a taxi you can pay with a credit card, but sometimes there are problems with credit cards of some Russian banks, so it is best to have a certain amount of cash on hand and before the trip, go to your bank and find out all the necessary information.

    Elizabeth

    estimate

    If you want to pay in cash, then give preference to the dollar.This currency is international, it is better to take it to all countries except the EU. But if you have euros on hand, then you can also take them – there should be no problems with the exchange. I would advise you to pay for services with bank cards, so you will save on commissions.

    Marina

    What is this place?

    EXCURSIONS in Singapore:

    During this tour you will get acquainted with almost all the attractions of Singapore.

    Chinese ceremonies and rituals play a special role in the life of Singaporeans.

    Take a Segway ride to the most interesting tourist destination in Singapore – MARINA BAY!

    Money in Singapore – Currency and Exchange Rate

    The national currency of Singapore is the Singapore dollar (denoted as SGD or S $ ), which is divided into 100 cents. In circulation there are paper and polymer banknotes in denominations of 2, 5, 10, 50, 100, 1000 and 10,000 dollars, the so-called “series of portraits”.Bargaining coins are also used in denominations of 1, 5, 10, 20, 50 cents and 1 dollar.

    SGD 2

    S $ 5

    S $ 10

    S $ 50

    In addition to Singapore dollars, Brunei dollars are also freely circulating in Singapore. The Sultanate of Brunei is one of Singapore’s main trading partners, and the Brunei currency is firmly pegged to the Singapore dollar at a 1: 1 ratio. Therefore, Brunei dollars are accepted in almost all Singapore retail outlets.

    Bank cards are the main method of payment for goods and services in Singapore; they are accepted almost everywhere. They are very convenient to use, since you can pay non-cash and not think about currency exchange, and you can immediately withdraw Singapore dollars from ATMs.

    However, you cannot do without cash, especially small ones. Singapore dollars can, for example, be bought at the airport, immediately upon arrival in the country. The exchange office is located in the baggage claim area.Upon departure, the remaining Singapore currency can be exchanged back in the Duty Free zone after passing through customs.

    But it is better to use city “exchangers”, they are more profitable. Currency exchange offices in Singapore are located on the main streets and in many shopping centers. They are easy to recognize by the luminous display with exchange rates. The working hours of most exchange offices are from 10.00 or 11.00 to 17.00, some “money changers” are open until 20.00 or 21.00.

    Singapore dollar rate

    The current rate of the Singapore dollar to the ruble, as well as the US dollar rate for comparison, can be found on this informer.Currency rates are based on data from the Central Bank of the Russian Federation.

    Tours in Singapore:

    Search Flights to Singapore:

    In addition to airline tickets for a self-catering holiday in Singapore, you will also need to choose a hotel or private accommodation, make insurance, arrange a transfer, and maybe rent a car. If you book all these services in advance, you can get a good discount and save on your vacation costs.

    90,000

    Currencies of the countries of the world – exchange rates of the countries of the world

    784 AED Dirham (United Arab Emirates)
    (for 1) 19.7394 971 AFN Afghan Afghans
    (over 100) 91.8946 8 ALL Lek
    (over 100) 70.5300 973 AOA Angolan Kwanzas
    (over 100) 11.1500 32 ARS Argentine Peso
    (over 100) 76.0686 533 AWG Aruban Florin
    (for 1) 40.0579 977 BAM Convertible mark
    (for 1) 43.8254 52 BBD Barbados Dollar
    (for 1) 35.9095 50 BDT Taka
    (over 100) 85.5060 48 BHD Bahraini Dinar
    (for 1) 192.3200 108 BIF Burundian Franc
    (for 1000) 36.6514 60 BMD Bermuda Dollar
    (for 1) 72.5048 96 BND Brunei Dollar
    (for 1) 54.1566 68 BOB Boliviano
    (for 1) 10.5003 44 BSD Bahamian Dollar
    (for 1) 72.5048 64 BTN Ngultrum
    (over 100) 98.9017 72 BWP Pula
    (for 10) 67.2845 84 BZD Belize Dollar
    (for 1) 35.9700 976 CDF Congolese francs
    (for 1000) 36.4569 152 CLP Chilean Peso
    (for 1000) 99.2883 170 COP Colombian Peso
    (for 1000) 19.7346 188 CRC Costa Rican Colon
    (over 100) 11.7416 192 CUP Cuban Peso
    (for 10) 30.2103 132 CVE Escudos Cape Verde
    (over 100) 77.4417 262 DJF Djiboutian Franc
    (over 100) 40.7273 214 DOP Dominican Peso
    (for 10) 12.7447 12 DZD Algerian dinar
    (over 100) 54.2214 818 EGP Egyptian Pound
    (for 10) 46.2329 232 ERN Eritrean Nakfa
    (for 10) 48.0961 230 ETB Ethiopian Birr
    (for 10) 16.5787 242 FJD Fiji Dollar
    (for 1) 35.2808 238 FKP Falkland Islands Pound
    (for 1) 101.4630 981 GEL GEL
    (for 1) 22.9809 936 GHS Ghanaian cedi
    (for 1) 12.4901 292 GIP Gibraltar Pound
    (for 1) 101.4630 270 GMD Dalasi
    (for 10) 13.9768 324 GNF Guinean franc
    (for 10000) 73.8601 320 GTQ Quetzal
    (for 10) 93.7360 328 GYD Guyana Dollar
    (over 100) 34.6556 340 HNL Lempira
    (for 10) 30.2204 191 HRK Croatian Kuna
    (for 1) 11.5652 332 HTG Gourde
    (over 100) 78.1037 360 IDR Rupee
    (for 10000) 50.3541 376 ILS Israeli New Shekel
    (for 1) 22.2523 368 IQD Iraqi Dinar
    (for 1000) 49.6949 364 IRR Iranian Rial
    (for 10000) 17.2630 352 ISK Icelandic krone
    (over 100) 59.0526 388 JMD Jamaican Dollar
    (over 100) 48.3317 400 JOD Jordanian dinar
    (for 1) 102.2630 404 KES Kenyan Shilling
    (over 100) 67.2586 116 KHR Riel
    (for 1000) 17.7795 174 KMF Comoros Franc
    (over 100) 17.8088 408 KPW North Korean Won
    (over 100) 55.7729 414 KWD Kuwaiti dinar
    (for 1) 240.7200 418 LAK Kip
    (for 10000) 76.5950 422 LBP Lebanese Pound
    (for 1000) 47.9466 144 LKR Sri Lankan Rupee
    (over 100) 36.6186 430 LRD Liberian Dollar
    (over 100) 42.2892 434 LYD Libyan dinar
    (for 1) 16.2298 504 MAD Moroccan Dirham
    (for 10) 81.5073 969 MGA Malagasy Ariary
    (for 1000) 19.1856 807 MKD Denard
    (for 10) 14.2684 496 MNT Tugrik
    (for 1000) 25.4403 446 MOP Pataca
    (for 10) 90.5857 929 MRU Mauritanian ouguiya
    (for 10) 20.0678 480 MUR Mauritian rupee
    (for 10) 17.7057 462 MVR Rufia
    (for 10) 46.8983 454 MWK ​​ Kwacha
    (for 1000) 90.4507 484 MXN Mexican Peso
    (for 10) 35.5946 458 MYR Malaysian Ringgit
    (for 1) 17.5281 943 MZN Mozambican Meticals
    (for 10) 11.4001 516 NAD Namibian Dollar
    (for 10) 51.7097 566 NGN Naira
    (over 100) 17.7490 558 NIO Golden cordoba
    (for 10) 20.7601 524 NPR Nepalese Rupee
    (over 100) 61.3875 554 NZD New Zealand Dollar
    (for 1) 51.2174 512 OMR Omani Rial
    (for 1) 188.3240 604 PEN New salt
    (for 1) 18.5648 598 PGK Kina
    (for 1) 20.6639 608 PHP Philippine Peso
    (for 10) 14.9834 586 PKR Pakistani Rupee
    (over 100) 46.0860 600 PYG Guarani
    (for 1000) 10.7800 634 QAR Qatari rial
    (for 1) 19.9134 941 RSD Serbian dinars
    (over 100) 73.7212 646 RWF Rwandan Franc
    (for 1000) 72.1211 682 SAR Saudi riyal
    (for 1) 19.3336 90 SBD Solomon Islands Dollar
    (for 10) 90.6310 690 SCR Seychelles Rupee
    (for 10) 48.2061 938 SDG Sudanese Pound
    (over 100) 16.5295 654 SHP St Helena Pound
    (for 1) 102.3260 694 SLL Leone
    (for 10000) 70.8055 706 SOS Somali Shilling
    (over 100) 12.5332 968 SRD Surinamese Dollar
    (for 10) 33.9792 678 STD Good
    (for 10000) 29.9004 930 STN Goodness Sao Tome and Principe
    (for 10) 35.3682 222 SVC Salvadoran Colon
    (for 10) 82.8172 760 SYP Syrian Pound
    (for 1000) 28.8576 748 SZL Lilangeni
    (for 10) 51.7153 764 THB Baht
    (for 10) 23.1017 788 TND Tunisian dinar
    (for 1) 26.2794 776 TOP Paanga
    (for 1) 32.4676 780 TTD Trinidad and Tobago Dollar
    (for 1) 10.6914 901 TWD New Taiwan Dollar
    (for 10) 26.1123 834 TZS Tanzanian Shilling
    (for 1000) 31.2655 800 UGX Ugandan Shilling
    (for 1000) 20.5222 858 UYU Uruguayan peso
    (for 10) 16.6067 937 VEF Venezuelan bolívar fuerte
    (for 100,000) 26.9095 928 VES Venezuelan bolívar soberan
    (for 1,000,000) 23.3799 704 VND Dong
    (for 10000) 31.5719 548 VUV Vatu
    (over 100) 66.4024 950 XAF CFA Franc BEAC
    (over 100) 13.1683 951 XCD East Caribbean Dollar
    (for 1) 26.7545 952 XOF CFA Franc BCEAO
    (over 100) 13.3896 886 YER Yemeni rial
    (over 100) 28.8118 967 ZMW Zambian Kwacha
    (for 10) 32.1102

    Currency rates on the city map

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    Welcome to the project site Courses on the map !

    Our site is designed to help you find the best currency rates on the city map.Here you will find a wide list of exchange offices in Moscow, as well as in other cities of Russia, Ukraine, Belarus and Kazakhstan.
    So that you can quickly find the information you need, we have provided a number of unique opportunities:

    Convenient search for exchange rates

    We have tried to make a simple and functional search system for you, which includes:

    • The ability to choose from 170 world currencies – both the popular dollar and euro exchange rates are available to you,
      and rates of less popular currencies.
    • The choice of the exchange amount. Some banks offer different dollar rates and euros, depending on the amount of the transaction.
      After specifying the required amount of currency, you will see a bank offer that exactly meets your request.
    • The ability to adjust the limit of the minimum and maximum allowable rate
      currencies,
      so as not to be distracted by less profitable offers.
    • The search bar above the map allows you to search for a location using any possible criteria:
      city, address, metro station, etc.

    Displaying exchange rates on the map

    You won’t just find the best exchange rates
    in banks in Moscow, but also choose the most conveniently located exchange office.And so that you do not get lost in the abundance of proposals:

    • Currency rates are grouped by color: from the worst – red, to the best – green.
    • Overlaid exchange offices are grouped together with the best exchange rate – the best deals are always in sight.

    Current exchange rates

    Our main task is to provide you with up-to-date information on the exchange rates of the dollar, euro and other currencies.
    We constantly monitor the relevance of our data, however, we ask for your understanding,
    if suddenly the exchange rate turned out to be invalid – most often this is due to the fact
    that the bank has recently updated the quotes, and the actual information has not yet reached us.

    We provide you with the names of banks, branches and their phones so that you can clarify the relevance of exchange rates.

    If you notice discrepancies in quotations or other information turns out to be unreliable, please let us know by clicking on the button

    in the information window, and we will definitely find out the reason and try to prevent such situations in the future.If the information provided is correct, please do not forget to mark it by clicking

    These ratings affect the rating of the exchanger and help other users.

    Wide range of banks and exchangers

    We are constantly working to expand the geography of our service coverage.To date, the most complete information can be obtained in Moscow, St. Petersburg,
    Yekaterinburg, Tyumen, Novosibirsk, etc. However, the coverage of our service is not limited to:
    you can see exchange rates today
    in banks and exchange offices in many cities of Russia, Ukraine, Belarus and Kazakhstan.

    You can find your city by entering its name in the search bar at the top of the page, and by the links below
    we suggest that you familiarize yourself with the exchange rates in some cities:

    For your convenience, you can get a link to the city you are interested in and search parameters,
    using the button below:

    We will be grateful for your feedback and suggestions – they will help
    to make our service better 🙂

    Super Rich is the best exchange rate in Bangkok

    You will need cash on your trip to Thailand quite often as cash is still the preferred payment option here.Thailand only accepts local currency (Thai Baht – THB), so you need to get cash from an ATM or exchange currency. If you are going to visit Bangkok, you should find one of the Super Rich exchange offices as they usually offer the best exchange rate in Bangkok .

    There are two Super Rich companies in Bangkok – SuperRich Thailand (green) and SuperRich (orange). Usually, the exchange rates offered by both Super Rich companies tend to be similar or close to this.

    Where to Find Super Rich in Bangkok

    Super Rich Currency Exchange Kiosks are located throughout Bangkok. You can find them at the city’s main airport, popular shopping malls and several public transport stops.

    Find your nearest Super Rich currency exchange office in Bangkok on the map below. On the Super Rich kiosk map, you will also find the address and opening hours of each currency exchange kiosk.

    Super Rich Kiosks

    SuperRich Thailand

    Currency Exchange Kiosks SuperRich Thailand are green.There are currently 13 SuperRich Thailand kiosks in Bangkok.

    You can find Super Rich Thailand currency exchange offices at the following locations in Bangkok:

    • Suvarnabhumi Airport (B floor, Suvarnabhumi Rail Link Airport Station)
    • Rajdamri Head Office 1 (45 Rajdamri 1 Rajdamri Rd.)
    • Vibhavadi 22 (18/4 Vibhavadi 22 Vibhavadi – Rangsit Rd.)
    • Central Plaza Westgate shopping center (3rd floor)
    • Emporium shopping center (B1 floor, glass elevator area)
    • Future Park (B floor, central zone)
    • Central Plaza Rama 2 (G floor, opposite Office Mate)
    • Jewelry Shopping Center (G floor)
    • Siam Paragon Shopping Center (3rd Floor, North Zone)
    • CentralPlaza Grand Rama 9 (5th Floor, Banking Zone)
    • Paradise Park shopping center (2nd floor, Money Park)
    • CentralPlaza Pinklao (4th floor)
    • Mega Bangna (1st floor, Mega Banking)

    All currency exchange kiosks SuperRich Th ailand are marked with green pointers on the map.

    Visit the Super Rich Thailand website (green) for the latest information.

    SuperRich

    Currency exchange offices SuperRich – orange. There are currently 40 SuperRich kiosks in Bangkok.

    You can find SuperRich currency exchange offices at the following locations in Bangkok:

    • Suvarnabhumi Airport (B floor, Suvarnabhumi Rail Link Airport Station)
    • Rajdamri Head Office (67.69 Ratchadamri Road)
    • Viphawadi 22 (18 -34 Soi Thonglor Chom Phon Road)
    • Silom (491 / 5-491 / 7 Silom Road)
    • Silom Complex (Shopping Center, 3rd floor)
    • Big C Rajdamri (G floor)
    • Gaysorn Tower (B floor)
    • Pantip Pratunam (1st Floor)
    • MBK Center (2nd Floor & 4th Floor)
    • The Crystal SB Ratchapruek (2nd Floor)
    • Piyavate Hospital
    • Bangkok Hospital (Wattanosoth Building, 1st Floor)
    • (The Mall Bangkapi 2nd floor)
    • The Mall Bangkae (3rd floor)
    • Thanya Park (2nd floor, Building B)
    • Seacon Square Shopping Center (G floor)
    • Prime Hotel Central Station (1st floor)
    • Station One Yaorawat (1 floor)
    • Sampeng Square (3rd floor)
    • G Tower Building (G floor)
    • Interchange 21 Building (G floor)
    • CentralWorld (4th floor, banking area)
    • Central Plaza Ladprao (B floor)
    • Central Embassy (2 floor)
    • Central Festival EastVille (3rd floor and 2nd floor)
    • Central Plaza Bangna (1st floor)
    • Esplanade Ngamwongwan (1st floor near Seefah restaurant)
    • Lhang Suan (Ploenjit)
    • Siam (Siam) BTS BTS station (inside the station, Exit 3 to Exit 4)
    • Chit Lom BTS BTS Station (outside the station, Exit 1)
    • Nana BTS BTS Station (inside the station)
    • Asok BTS BTS Skytrain Station (outside the station, Exit 1)
    • On Nut BTS BTS Skytrain Station (outside the Station, Exit 1)
    • Mo Chit BTS Skytrain Station
    • Victory Monument Victory) BTS BTS Station (inside the station)
    • Sukhumvit MRT Metro Station
    • Phra Ram 9 (Phra Ram 9) MRT Metro Station (Exit 2)
    • Chatuchak Park MRT Metro Station
    • Khlong Toei ( Khlong Toi) MRT Metro Station
    • Phaya Tai Airport Rail Link (between access to Phaya Tai BTS)

    All SuperRich currency exchange kiosks are marked with orange markers on the map.

    Visit the Super Rich (Orange) website for the latest information.

    Super Rich at Bangkok Suvarnabhumi Airport

    If you are arriving at Bangkok Suvarnabhumi Airport, you can find several exchange offices offering good exchange rates. They can be found on the underground floor (B-floor) of Bangkok Suvarnabhumi Airport, next to the Suvarnabhumi Airport Rail Link station. The best exchange rates at the airport are offered by SuperRich Thailand (green) and SuperRich (orange), which are next to each other.

    Read more about currency exchange at the airport here: Currency exchange at Bangkok Suvarnabhumi Airport (BKK).

    Super Rich Hours of Operation

    The opening hours of each Super Rich Kiosk depend on the exact location. The opening hours of each Super Rich branch can be found on the Super Rich Card.

    Longest Hours of Operation – Suvarnabhumi Airport – SuperRich Thailand kiosk (green) open daily from 6:30 am to 10:00 pm and SuperRich kiosk (orange) from 05:30 am to 11:00 pm.

    Super Rich Currency Exchange Commission

    No commission is charged at all Super Rich Thailand Currency Exchange Offices.

    Best rates are usually offered for large banknotes.

    Documents Required for Currency Exchange

    As elsewhere in Thailand, you need to present your passport when exchanging currency.

    Currency Rates at Super Rich

    Super Rich always offers exchange rates that are better than Thai banks. The biggest gap can be seen between the exchange rates in Suvarnabhumi.

    In the center of Bangkok, the difference between the exchange rates is not that great, but it is still worth finding one of the Super Rich kiosks on the Super Rich card and exchange your money there.

    Current Thai Baht Rate

    Currency rates are dynamic and may change at any minute. The best way to find out how good currency exchange rates are is to compare them with market rates.

    Current Thai Baht rates for USD, Euro and other currencies (approximate):

    Current exchange rates in Super Rich

    Current exchange rates in Super Rich Thailand (green) can be found here: Current exchange rates in SuperRich Thailand (green ).

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