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
RECOMMENDED MONEY CHANGERS:
1. Sheen International Exchange
- A good place to exchange JPY, GBP, and other currencies
- Call (65) 6222 2041 for daily rates
- Located at 11 Collyer Quay #02-04 The Arcade
2. Arcade Plaza Traders Pte Ltd
- A trustworthy money changer for more than three decades, catering to both locals traveling abroad and tourists visiting Singapore.
- A good place for trading USD, EUR, GBP, and some Asian currencies
- Call (65) 6227 7660 to check the daily rates
- Located at 11 Collyer Quay #02-03 The Arcade
3. Arcade Money Changers
- Located at 11 Collyer Quay #01-18 The Arcade
- Tel: (65) 6223 0753 / 6220 7241 / 6221 2080
- Opening hours: Mon – Fri 9:00 18:30, Sat 9:00 to 15:00, Sun/PH: Closed
4. People’s Corner Money Changer
- Good rates for TWD, NZD, and GBP
- Located at 11 Collyer Quay #02-07 The Arcade
- Tel: (65) 6223 3040
5. Hassan & Sons Exchange
- A good place to exchange JPY, TWD, and THB
- Call (65) 6535 8742 to check the updated rates
- Located at 11 Collyer Quay #02-05 The Arcade
- Opening hours: Mon to Fri 10:00 – 19:30, Sat 10:00 – 16:30
TIP: Since there are numerous money changers in the building, it is advisable to compare rates before engaging in any services.
HOW TO GET THERE:
- Nearest MRT Station: Raffles Place MRT (EW14) and (NS26) (Walking 1 min from Exit C here)
- Bus lines: 10, 10E, 57, 70, 75, 100, 107, 128, 130, 131, 162, 167, 196, and 19 (Walking 2 mins from bus stop B03019)
