Singapore is the heart of South-East Asia, where, almost everyone would like to come and live. Every year, millions of travelers from different parts of the world visit Singapore either for a holiday or for business purpose. Thus, it is of utmost importance to cater the needs of the foreigners by providing them with a good money changers in town. The city of Singapore is filled with loads of reputable money changers which are not only renowned and registered but also offer competitive rates to the customers.
The currency exchange shops are located in Airport, shopping malls and even at the hotels for the convenience of the travelers. Some of the popular ones can be found at People’s Park Complex in Chinatown, Parkway Parade, The Arcade, Lucky Plaza on Orchard Road and Mustafa Centre in Little India. Along with the fact that these shops are a good choice for the customers, they can also be reached easily through the normal public transport for the convenience of the people.
Best Money Changer in Singapore
The following is a list of some of the best money changer in Singapore for the ease of the visitors to grab the best rates offered in town.
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1. Mustafa Centre in Little India
Mustafa Centre is Singapore’s one of the popular shopping center located on Syed Alwi Road in Little India. There are many shops in this departmental store where a range of currencies is being converted, with the exception of traveler’s cheques by some of the shops, such as Indian Rupees, Malaysian Ringgit and of course US dollar. Some of the counters are being placed outside and in the basement area, separate of the store enclosure. And the good news for the foreigners is that the shops are open 24/7 so they can avail the opportunity to convert their money anytime without any time restrictions.
Address: 145 Syed Alwi Road, Singapore, 207704
Tel: +65 6295 5855, Fax: +65 6295 5866
2. The Arcade in Raffles Place
The Arcade is one of the popular money changer in Singapore, located near Raffles Place, which is one of the main business platforms in Singapore. The place is quite famous for offering the best rates for almost all the major currencies to its customers, but sometimes, people do complain about a bit higher rates offered by the company. But this negative effect of high rates is offset by fast and reliable service by the staff with exceptional communication skills. Plus; the travelers prefer this place due to the fact that the rates are shown on electronic display board which is highly appreciated by the customers.
Address: 11 Collyer Quay, #01-18 The Arcade, Singapore 049317
Phone: +65 6220 7241
3. Parkway Parade in Marine Parade
This is one of the highly recommended money changers in Singapore located at Parkway Parade shopping center, which is very convenient for most of the people in the vicinity of the area. Yakadir and Sino money changers are some of the good ones in this place. People can avail services such as currency exchange along with remittance. Thus; it could be a good choice for people who want to send money home easily.
Address: 80 Marine Parade Rd, Singapore 449269
Phone: +65 6344 1242
4. People’s Park Complex in Chinatown
People’s Park Complex, based in the center of the Chinatown is a great place to change your currency due to the reason that one can easily compare the rates being offered by different money brokers at the People’s park before they can choose to go for the service. Again, it is good to bargain the rates before reaching an agreement. Crante and Emerald Money changer are some of the famous ones to go for. All major currencies can be exchanged here.
5. Lucky Plaza on Orchard Road
Lucky Plaza is definitely a good option for travelers to exchange money near the Orchard road area as it would be more convenient for them. The service offered by the shops is really good, even though there are no electronic displays for the ease of the people. Bargaining should be done for the rates and comparison between the rates offered by different money brokers should be made in order to get the best rates.
Address: 304 Orchard Road, Singapore 238863
Phone: +65 6235 3294
The money changers in the city always give the best exchange rates as compare to the money changers at the airport or hotels. If you are carrying Brunei dollar then there is no need to change it to Singapore dollar as the exchange rate is same. It is recommended to keep the receipt once you have exchanged the money and count before you leave the counter.
These are the best 5 money changer in Singapore that you can rely on for better exchange rates. If you want to share your experience with the Singapore money changers, please do so by adding comments below.