5 Centres to Exchange Money in Singapore: Best Rates!

Best Money Changers Singapore
Best Money Changers Singapore

To travelers, money exchange is an important matter. However, it is not a concern for travelers in Singapore since our city provides a plethora of reliable licensed money changers that offer excellent exchange rates for most currencies.

These registered money changers are spread from Changi Airport to various shopping malls nationwide. For your convenience, you can engage a service at the airport or the hotel where you are staying. However, for the best rates, make your way to one of Singapore’s most reputable money-changing hubs, which are

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

The above-mentioned hubs are also well-known as tourist attractions in Singapore and easily accessible by public transport, making it very convenient for travelers to exchange currency.

Lastly, remember that you should bargain to get better exchange rates.

See also: The 5 Best Money Changers in Bangkok

1. Money Changers at The Arcade at Raffles Place

Image: Money Changers at The Arcade
  • Best for
    • INR
    • IDR
    • RMB
    • MYR
    • CNY
    • HKD
    • PHP
  • Address
    11 Collyer Quay, Singapore 049317
  • Phone
    +65 6223 0753
  • Quick facts:

    • Located at Raffles Place, the business center in Singapore, The Arcade has a large number of reputable money changers that offer competitive rates for various currencies.
    • Exchange rates are displayed on electronic boards
    • The staff at most of the changers have excellent communication skills to ensure smooth transactions.

    2. Money Changers at Lucky Plaza

    Money Changers at Lucky Plaza
    Money Changers at Lucky Plaza
    Image: Money Changers at Lucky Plaza
  • Best for
    • PHP
    • THB
    • MYR
  • Address
    304 Orchard Road, Singapore 238863
  • Phone
    +65 6887 5110
  • Quick facts:

    • Located on Orchard Road, the shopping belt of Singapore, the money changers at Lucky Plaza are the most convenient choice for tourists who are in the Orchard area.
    • Although there are no electronic display boards showing exchange rates, customers can obtain any desired information through the helpful and patient staff at every money exchange booth in the building.

    3. Money Changers at Mustafa Centre

    Image: Mustafa Foreign Exchange
  • Best for
    • INR
    • IDR
    • RMB
    • MYR
    • CNY
    • HKD
    • PHP
  • Address
    145 Syed Alwi Road, Mustafa Centre, Singapore 207704
  • Phone
    +65 6292 9252
  • Opening hours
    24/7
  • Quick facts:

    • The forex shops at Mustafa Centre, one of the best budget shopping places in Singapore, offer great opportunities for those staying in the Little India and Bugis areas.
    • Although there are several money changers at Mustafa Centre, the most reliable and well-known one is Mustafa Foreign Exchange
    • Open 24/7, Mustafa Foreign Exchange is the only place in Singapore that offers money exchange services both day and night.

    4. Money Changers at Parkway Parade

  • Best for
    • THB
    • USD
    • MYR
    • JPY
    • HKD
  • Address
    80 Marine Parade Road, Singapore 449269
  • Phone
    +65 6344 1242
  • Opening hours
    Daily 10:00 - 22:00
  • Quick facts:

    • Most of the recommended money changers are located on level 1 of the Parkway Parade shopping centre, a six-storey building with approximately 300 shops.
    • These money changers are very convenient for those who are in the vicinity of East Coast Park or the Katong area.

    5. Money Changers at People’s Park Complex Chinatown

    Image: Emerald Money Changer
  • Best for
    • CNY
    • PHP
    • THB
    • MYR
    • HKD
  • Address
    1 Park Road, Singapore 059108
  • Quick facts:

    • The forex shops at People’s Park Complex, an old building in the heart of Singapore’s Chinatown, offer great opportunities for those staying around the Chinatown and Outram Park MRT stations.
    • There are plenty of money changers nestled in the People’s Park Complex building, which enables people to compare exchange rates from shop to shop before engaging in any services.

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