Looking for a money changer near me that’s open now? Or hunting for the best exchange rate in Singapore before your next trip?
Good call. Choosing the right money changer can make a huge difference. From SGD to MYR, USD, JPY, THB, and more, knowing where to exchange money in Singapore ensures you get the best rates without wasting time (or money!).
This guide covers money changers in Singapore that locals and travellers swear by — plus a modern alternative to traditional cash: YouTrip, Singapore’s top multi-currency travel card.
📚 Table of Contents:
- 🎉 TL;DR
- Why Finding The Right Money Changer in Singapore Matters
- Things to Know Before You Exchange Money
- How to Choose the Best Money Changer in Singapore
- Money Changer Singapore Rates
- 🏆 Best Places to Exchange Currency in Singapore
- FAQs
🎉 TL;DR
Looking for the best money changer near me or the best exchange rate in Singapore? Here’s a quick summary:
👉 Jump to full money changer list »
| Money Changer | Common Currencies | Location | Operating Hours |
|---|---|---|---|
| Arcade Plaza Traders | MYR, USD, THB, TWD, RMB, HKD, JPY, KRW, EUR, GBP, AUD, NZD, IDR, PHP, VND, INR, CHF, CAD | The Arcade at Raffles Place, Unit No: #02-03 | Mon to Fri: 10 AM to 5 PM Sat: 10 AM to 1 PM Sun: Closed |
| People’s Corner Money Changer | MYR, USD, THB, TWD, RMB, HKD, JPY, KRW, EUR, GBP, AUD, NZD, IDR, PHP, VND, INR, CHF, CAD | The Arcade at Raffles Place, Unit No: #02-07 | Mon to Thurs: 9:30 AM to 6 PM Fri: 9:30 AM to 12:45 PM, 2 PM to 6 PM Sat: 10 AM to 1 PM Sun: Closed |
| Hassan & Sons exchange | MYR, USD, THB, TWD, RMB, HKD, JPY, KRW, EUR, GBP, AUD, NZD, IDR, PHP, VND, INR, CHF, CAD | The Arcade at Raffles Place, Unit No: #02-05 | Mon to Sun: 10:30 AM – 9:30 PM |
| Arcade Money Changers | MYR, USD, THB, TWD, RMB, HKD, JPY, KRW, EUR, GBP, AUD, NZD, IDR, PHP, VND, INR, CHF, CAD | The Arcade at Raffles Place, Unit No: #01-18 | Mon to Thurs: 9:30 AM to 6 PM Fri: 9:30 AM to 12:30 PM, 2 PM to 5:30 PM Sat: 9:30 AM to 2:30 PM Sun: Closed |
| Mustafa’s Foreign Exchange | MYR, USD, THB, TWD, RMB, HKD, JPY, KRW, EUR, GBP, AUD, NZD, IDR, PHP, INR, CHF, CAD | 145 Syed Alwi Road, Mustafa Centre, Singapore 207704, Level 1 beside Exit 1 | Mon to Sun: 9:30 AM to 2 PM |
| Crante Money Changer | CNY, PHP, THB, MYR, HKD | 1 Park Road #01-28 People’s Park Complex | Mon to Sun: 9 AM to 9 PM |
| Today’s Money Changer | CNY, PHP, THB, MYR, HKD | 1 Park Road #01-03 People’s Park Complex | Mon to Sun: 9:30 AM to 9 PM Fri: Closed |
| Emerald Money Changer | CNY, PHP, THB, MYR, HKD | Located at 1 Park Road #01-61 People’s Park Complex | Mon to Sun: 10 AM to 9 PM |
| AK Money Changer & Department Store | CNY, PHP, THB, MYR, HKD | 1 Park Road #01-K95C People’s Park Complex | Mon to Sun: 9:30 AM to 9 PM |
| Yakadir Enterprises | MYR, USD, THB, TWD, RMB, HKD, JPY, KRW, EUR, GBP, AUD, NZD, IDR, PHP, VND, CHF, CAD, | 80 Marine Parade Rd, #01-16B, Singapore 449269 | Mon to Sun: 10:15 AM to 6:30 PM |
| Everpeace Money Changer Pte Ltd | THB, USD, MYR, JPY, HKD | 87 Marine Parade Central, #01-503E, Singapore 440087 | Mon to Sat: 10 AM to 6:30 PM Sun: Closed |
| Rabi Trading | PHP, THB, MYR, USD, AUD, CNY, GBP | 304 Orchard Rd, Lucky Plaza, #01-37, Singapore 238863 | Mon to Sun: 9 AM to 7 PM |
| Fajar Money Changer | PHP, THB, MYR, USD, AUD, CNY, GBP | 304 Orchard Rd, Lucky Plaza, #01-82, Singapore 238863 | Mon to Sat: 10 AM to 7:30 PM Sun: Closed |
| Rahiman Trading | USD, SGD | 304 Orchard Rd, Lucky Plaza, #B1-10, Singapore 238863 | Mon to Sun: 10:30 AM to 8:30 PM |
| YouTrip Multi-Currency Card | 🎉 Score the best rates all day in 150+ countries with zero fees on our Wholesale Exchange Rates 💹 Lock in 12 currencies in your YouTrip app – including SGD, THB, MYR, JPY, HKD, USD, GBP, EUR, AUD, NZD, CHF & SEK. | Download the YouTrip app and sign up for an account in minutes! | Lock down attractive rates on the YouTrip app anytime, anywhere. 👉🏻 Prefer to have some cash on hand? Enjoy free monthly withdrawals of up to S$400 in foreign currency at overseas ATMs. *2% fee applies thereafter 🏧 |
💡 Pro tip: Different money changers offer better rates for certain currencies. YouTrip simplifies this by letting you lock in rates anytime, anywhere.
📚 Find out what’s happening with the SGD To MYR Rate Today: Best Exchange Rates, Forecast & Where to Change Money
Why Finding The Right Money Changer Matters
Exchange rates in Singapore fluctuate constantly. Choosing the right money changer can save you significant money, especially when converting large amounts.
Not all money changers are equal:
- Some charge hidden fees
- Some specialise in specific currencies
- Rates can change multiple times a day
Whether it’s SGD to MYR, USD, JPY or THB, knowing where to get the best exchange rate in Singapore is crucial.
Things to Know Before You Exchange Money in Singapore
- Avoid airport money changers: Rates are often worse than in city centres.
- Bring your ID: A valid NRIC, passport, or FIN is required for most transactions.
- Compare online first: Platforms like CashChanger.co show real-time rates.
- Small notes matter: Some countries prefer smaller denominations.
- Haggling works: Especially in Chinatown or The Arcade.
How to Choose the Best Money Changer in Singapore
- Check the rate online first – avoid hunting blindly.
- Consider location & convenience – CBD for business, Orchard for shopping, or East-side for quick access.
- Look for licensed operators – all changers in The Arcade, Mustafa, and People’s Park are MAS-licensed.
- Assess opening hours – late-night options exist at Mustafa.
- Factor in currency availability – some changers specialise in certain currencies.
💡 Pro Tip: If you want to skip the queues and hidden fees, go digital with YouTrip — Singapore’s top multi-currency wallet. Lock in wholesale rates anytime and pay directly abroad.
📚 Next up: Best Miles Credit Card in Singapore: The Ultimate Guide
Money Changer Singapore Rates
YouTrip vs money changers – which will get you the best exchange rates in Singapore? Find out below as we compare exchange rates across popular currencies:
| Currency | YouTrip 👑 | Money Changers* |
| 🇲🇾 MYR | 3.159 MYR | 3.145 MYR |
| 🇯🇵 JPY | 120.88 JPY | 119.50 JPY |
| 🇹🇭 THB | 24.35 THB | 24.25 THB |
| 🇺🇸 USD | 0.7743 USD | 0.7722 USD |
| 🇪🇺 EUR | 0.6607 EUR | 0.6581 EUR |
Exchange rates from money changers were sourced from CashChanger.co based on the best available rate, accurate as of 19 December 2025.
🏆 Best Money Changers in Singapore:
We’ve picked the top 5 money changer hubs in Singapore based on location, convenience, and exchange rate competitiveness — all tried and tested by locals and frequent travellers.
1. The Arcade (Raffles Place)
Best for: Rare currencies and competitive exchange rates in the CBD
Location: The Arcade, 11 Collyer Quay, Singapore 049317
Image Credits: CDL Commercial
The Arcade is your top choice if you’re hunting for the best money changer in Singapore. With dozens of licensed changers under one roof, the competition keeps exchange rates sharp.
💡 Pro tip: Look for long queues — they usually mean better rates. Walk around, compare signs, and don’t be afraid to ask!
✅ Popular money changers at The Arcade:
- Arcade Plaza Traders (#02-03)
- People’s Corner Money Changer (#02-07)
- Hassan & Sons exchange (#02-05)
- Arcade Money Changers (#01-18)
📚 Looking to change your SGD to Yen? Find out how to capitalise on the JPY right now
2. Mustafa Centre (Little India)
Best for: 24/7 convenience and late-night money changer needs
Location: Mustafa Centre, 145 Syed Alwi Road, Singapore 207704
Image Credits: The Honeycombers
Mustafa’s Foreign Exchange is a top pick for travellers wondering, “Is there a money changer near me open at night?” With extended hours till 2 AM daily, it’s ideal for last-minute exchanges.
Recommended for: INR, MYR, IDR, PHP, BHD, MUR
💡 Tip: Check the rate on their website before heading down!
✅ Popular money changers at The Mustafa Centre:
- Mustafa Foreign Exchange (Level 1 beside Exit 1)
📚 Looking to exchange Korean won? Check out this guide on how to capitalise on the Korean won!
3. People’s Park Complex (Chinatown)
Best for: CNY, HKD, THB, IDR and walkable comparisons
Location: People’s Park Complex, 1 Park Rd, Singapore 059108
Image Credits: Dynamic Edge
Looking for a money changer near me in Chinatown? People’s Park Complex is a hot spot for Chinese Yuan and regional currencies, with several changers offering competitive rates.
💡 Tip: Yes, haggling is normal here. Try your luck and don’t be afraid to politely ask for a better rate!
✅ Popular money changers at People’s Park Complex:
- Crante Money Changer (#01-28)
- Today’s Money Exchange (#01-03)
- Emerald Money Changer (#01-61)
- AK Money Changer & Department Store (#01-K95C)
📚 Trust Card Vs YouTrip: Which Is The Better Card For Overseas Spending?
4. Parkway Parade (East Coast)
- Best for: East-siders searching for a nearby option
- Location: Parkway Parade, 80 Marine Parade Road, Singapore 449269
Image Credits: Parkway Parade
If you’re in the east and typing “money changer near me” into Google, Parkway Parade is your answer. It’s less crowded and offers decent rates for JPY, USD, and THB.
💡 Bonus point: It’s less crowded than central locations!
✅ Popular money changers at Parkway Parade:
- Yakadir Enterprises (#01-16B)
- Everpeace Money Changer Pte Ltd (#01-503E)
📚 Here’s a guide to ATM withdrawals with YouTrip in Malaysia
5. Lucky Plaza (Orchard Road)
Best for: Tourists & Southeast Asian currencies
Location: Lucky Plaza, 304 Orchard Road, Singapore 238863
Image Credits: Accredit Loan
Strategically located in Orchard, Lucky Plaza is ideal for quick exchanges while shopping. Expect competitive rates for PHP, MYR, THB, and USD.
💡 Tip: Rates here can be competitive, especially for common currencies.
Popular money changers at Lucky Plaza:
- Rabi Trading (#01-37)
- Fajar Money Changer (#01-82)
- Rahiman Trading (#B1-10)
📚 Check out this article for the best multi-currency cards in Singapore!
Digital Alternative: YouTrip
Best for: Competitive exchange rates with zero fees
Don’t want to wait in long queues at a money changer? Try YouTrip, Singapore’s go-to multi-currency wallet offering:
✅ Competitive wholesale exchange rates with zero fees
✅ Lock in rates for 12 currencies (SGD, USD, MYR, JPY, etc.)
✅ Spend in 150+ currencies worldwide
✅ *Free overseas ATM withdrawals (up to S$400/month) *A 2% fee is imposed thereafter
📱 Just tap and go — no need to find a money changer near me ever again!
Get The Best Exchange Rates Today
Skip the queues, avoid hidden fees, and lock in competitive rates with YouTrip. Download the app, lock in 12 currencies, and pay overseas anytime — the smarter way to exchange money in Singapore.
Not a YouTrooper yet? Singapore’s go-to multi-currency wallet helps you save with great FX rates and zero fees. Skip the money changer and get a free YouTrip card + S$5 YouTrip credits with code <YTBLOG5>.
Then, head over to our YouTrip Perks page for exclusive offers and promotions — we promise you won’t regret it. Join our Telegram (@YouTripSG) and Community Group (@YouTripSquad) for travel tips, event invites, and more!
Happy travels!
FAQ: Money Changer Singapore
Q: What’s the best money changer in Singapore?
A: The Arcade @ Raffles Place consistently offers competitive exchange rates for most currencies. Mustafa is your best bet for late-night exchanges. Or go digital with YouTrip to skip the queues and get the best exchange rates in Singapore.
Q: Where can I find a money changer near me open now?
A: Mustafa Centre (open till 2 AM). Use Google Maps with “money changer near me open now” for more locations.
Q: What’s the cheapest way to exchange currency in Singapore?
A: Compare rates, negotiate, and avoid airports. YouTrip often beats physical changers with no markup or hidden fees.
Q: Which money changer gives the best exchange rate in Singapore?
A: It depends on the currency, but The Arcade, People’s Park, and YouTrip usually offer the best rates in Singapore.
Q: Is there a good money changer near me in the heartlands?
A: Yes — but central hubs like Raffles Place often offer significantly better rates. Otherwise, try Parkway Parade (East) or Lucky Plaza (Orchard).
Q: Can I PayNow at a money changer in Singapore?
A: Some changers accept PayNow, but not all. Always check with the specific branch first.
Q: Do you need an ID to change money in Singapore?
A: Yes. A valid passport, NRIC, or FIN is required.
Q: Are there money changers in Chinatown, Bugis, or Tampines?
A: Yes. Chinatown’s People’s Park Complex is ideal for Chinese Yuan and regional currencies. Bugis has multiple licensed changers near Bugis Junction, while Parkway Parade and Tampines Mall cater to east-side residents.
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Currency exchange guides! 🤑
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