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5 CENTRES TO EXCHANGE MONEY IN

SINGAPORE 2023: BEST RATES!
Shopping | March 21, 2023

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1. Money Changers at The Arcade at Raffles Place ⇓ Consumer Electronics
in Singapore 2023
2. Money Changers at Lucky Plaza ⇓

3. Money Changers at Mustafa Centre ⇓

4. Money Changers at People’s Park Complex Chinatown ⇓ 5 Centres to Exchange

Money in Singapore
5. Money Changers at Parkway Parade ⇓
2023: Best Rates!

To travelers, money exchange is an important matter. However, it is not a concern for 5 Best International
Buffets in Singapore to
travelers in Singapore since our city provides a plethora of reliable licensed money
Eat Like A King
changers that offer excellent exchange rates for most currencies.

These registered money changers are spread from Changi Airport to various shopping Cool Check-In
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 Woody Family Café: For
An Escape Moment and
Singapore’s most reputable money-changing hubs, which are The Arcade in Raffles A Dose of Nostalgia

Place, Lucky Plaza on Orchard Road, Mustafa Centre in Little India, People’s Park

Complex in Chinatown, and Parkway Parade in Marine Parade.

What's On

The above-mentioned hubs are also well-known as tourist attractions in Singapore and
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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. Stranger Things: The
Encounter

See also: The 5 Best Money Changers in Bangkok 

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Image: Money Changers at The Arcade

Best for • INR

• IDR Entertainment
• RMB
• MYR 5 Best Singapore Live
• CNY Music Bars for a Great

• HKD Night Out

• PHP

Address 11 Collyer Quay, Singapore 049317 5 Best Old-school Pubs

in Singapore for a Dose
Phone +65 6223 0753 of Nostalgia

QUICK FACTS 7 Best Cocktail Bars in

Singapore for a Shake-
Located at Raffles Place, the business center in Singapore, The Arcade has a large me-up

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.

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)

2. 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.

RECOMMENDED MONEY CHANGERS:

1. Rabi Trading

The destination for crew members to exchange money due to the excellent services

and competitive exchange rates.

Located at Lucky Plaza #01 – 37, 304 Orchard Road

Tel: (65) 6738 5268

Opening hours: Mon to Sun: 09:00 – 19:00

2. Rahiman Trading

Best rates for USD, SGD

To check updated rates, visit its website at http://rahiman-forex.webs.com/ 

Tel: (65) 6235 7206

Located at Lucky Plaza B1-10, 304 Orchard Road

Opening hours: Daily from 10:30 to 20:30

3. Fajar Money Changer

Good services

Call (65) 6235 0989 for updated rates

Located at Lucky Plaza #01-82, 304 Orchard Road

Opening hours: Daily 10:30 – 19:30

4. True Blue Money Changer

Services include money exchange, tailoring, and clothes selling

Located at Lucky Plaza #01-14, 304 Orchard Road

Tel: (65) 6732 6361

Opening hours: Daily from 10:00 – 21:00

5. Europe Fancy Store

Good services

Located at Lucky Plaza #B1-141, 304 Orchard Road

Tel: (65) 6733 3252

Opening hours: Mon to Fri 10:00 – 20:30, Sat 13:00 – 18:00, Sun 09:30 – 18:30

TIP: It is recommended to compare rates between money changer shops before

engaging in any services.

HOW TO GET THERE:

Nearest MRT Station: Orchard MRT (NS 22), (Walking 2 mins from Exit D)

Bus lines: 7, 14E, 16, 65, 106, 111, 123, 175, 502 (Walking 2 mins from bus stop B09048)

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.

NOTES:

You can bargain to get better rates.

Traveler’s cheques are not accepted.

HOW TO GET THERE:

Nearest MRT Station: Farrer Park MRT, (Walking 3 mins from Exit G)

Bus lines: 21, 125, and 130 (Walking 4 mins from bus stop B07231)

4. 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.

RECOMMENDED MONEY CHANGERS:

1. Crante Money Changer

It can be easily recognized by the long queue and the durian pancake shop next to

it

Located at 1 Park Road #01-28 People’s Park Complex

Tel: (65) 6532 5929

Opening hours: 09:00 – 21:00

2. Today’s Money Exchange

Located at 1 Park Road #01-03 People’s Park Complex

Tel: (65) 6222 5844

3. Emerald Money Changer

Located at 1 Park Road #01-61 People’s Park Complex

Tel: (65) 6438 7897

4. AK Money Changer & Department Store

Located at 1 Park Road #01-K95C People’s Park Complex

Tel: (65) 6557 0487

Opening hours: Daily 09:30 – 22:00

NOTES:

Bargaining is acceptable.

Watch out for pickpockets

Ask the exchange rates before showing your money

HOW TO GET THERE:

Nearest MRT station: Chinatown MRT (NE4), (exit C)

Bus lines: 2, 12, 33, 61, 63, 80, 143, 197, 961, 961#, 970, CT18, CT28, and CT (Walking 1

minute from bus stop B05013)

5. 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.

RECOMMENDED MONEY CHANGERS:

1. Yakadir Enterprises

Services include money changing and remittance

Traveler’s cheques are accepted

Located at Marine Parade Rd 80 #01-17 Parkway Parade

Tel: (65) 6344 9652 / 6344 9716

Open hours: Daily from 10:00 – 21:00

2. Parkway Money Changer

Located at Marine Parade Rd #01-14 Parkway Parade

Tel: (65) 6345 2673

Opening hours: Daily from 09:00 – 21:00

3. Everpeace Money Changer

Money changing and remittance

Located at Marine Parade Rd # 01 – 15/16 Parkway Parade

Tel: (65) 6440 2553

Opening hours: Daily from 09:00 – 21:00

4. Sino Money Changer

Money changing and remittance

Located at Marine Parade Rd # 01 – 01 Parkway Parade

Tel: (65) 6344 1064

Opening hours: Mon to Sat 10:00 – 21:00, Sun 11:00 – 20:00

TIP: It is better to compare rates between money changer shops before engaging in any

services.

NOTES:

Updated rates can be checked via phone.

Bargaining is encouraged.

HOW TO GET THERE:

Nearest MRT Station: Dakota MRT (CC8) (Walking 30 mins from Exit A)

Bus lines: 15, 31, 36, 43, 76, 135, 196, 196E, 197, 853#, and 966 (Walking 2 mins from

bus stop B92041)

See also:

» Bugis Street: Cheap Shopping Street Loved by Both Locals and Visitors

» IMM Outlet Mall: Where Discounts are Offered All Year Round

» Where to Go Shopping on Orchard Road?

» 7 Best Nightclubs in Singapore to Dance ’til Dawn

» How many days a visitor can survive in Singapore with S$200?

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