From the historical foundations of its colonial past to its role as a premier high-tech metropolis of the future, Singapore has become one of the most attractive locations in the world for foreign travelers. Millions of visitors travel each with a heightened enthusiasm to discover the Lion City’s museums, attractions, gastronomic culture, and shopping possibilities.
To make the most out of your cash, you’ll want to select a currency exchanger near you with the greatest exchange rates. In this handy guide, you’ll find valuable recommendations and a list of the finest money changers in Singapore for a fuss-free holiday.
A Portrait of Singapore
The Singapore Dollar (SGD) is Singapore’s national currency (SGD). The Portrait Series notes, which have been in circulation since 1999, are the current notes in circulation. Portraits of national figures who have made major contributions to Singapore were the inspiration for this year’s theme. A fitting homage to Singapore’s first President, Encik Yusof bin Ishak, whose early efforts to promote multiculturalism were honored by his selection.
The Portrait Series’ aesthetics were complemented with detailed graphics depicting everyday life in Singapore. Art, technology, education, athletics, and even the legal system are all featured prominently in the Portrait Series.
When converting a foreign currency, the erratic nature of the exchange rate can be destabilizing. Here are a few helpful hints for the next time you find yourself at the currency conversion counter.
If you’re exchanging your native currency for SGD while traveling, you’ll typically get a better rate if the exchange rate is greater. Lower exchange rates are beneficial when you return home since you will receive more SGD when you exchange it back into your home currency.
Time is Money
Exchange rates are crucial, but the timing of when you do so is even more critical. In the end, it’s all up to you and your trip plans.
If you’re only in Singapore for a short period of time, you may want to wait until you arrive to compare prices with local money changers. If you’re planning to stay for a long time and have a detailed itinerary, it may be more effective to buy some SGD before arriving at your accommodation.
Best Currency Changers in Singapore
Far East Exchange
It is a well-known currency exchange service that provides competitive prices. The helpful staff will explain the current exchange rates and any additional costs for the several popular currencies they have on hand so that your transactions go as smoothly as possible.
For extra convenience, they have two locations inside Marina Bay Sands’ The Shoppes. The 800,000-square-foot mall features over 270 high-end boutiques and restaurants, as well as a wide variety of shopping and dining opportunities. Prepare yourself for a new level of luxury at Marina Bay Sands with your SGD in hand.
The Arcade at Raffles Place, located in the CBD, is a popular destination for people looking to exchange cash in Singapore. When it comes to currency conversion, you’ll be able to choose from over twenty different arcade money changers. You may examine the current exchange rates and compare them with other money changers using LED boards.
The convenient location means that you may have to wait in line, but the skilled staff ensures that service is quick, so you won’t have to wait too long. Otherwise, you can avoid the crowds by going out of your way to avoid them during lunchtime.
Another well-known money changer in Singapore is Parkway Parade. For almost two decades, the East Coast’s citizens have been served by the mall’s many counters offering reasonable exchange rates. Before choosing a money changer, go about and compare rates to ensure you get the best possible conversion rate.