How to find the best places to exchange currency near Singapore?
Singapore is a popular destination with a lot on offer for visiting tourists.
One of the things to consider for your trip, is how you'll access Singapore Dollars (SGD) you'll need for your stay.
Here are a few tips on how to find to the best places to exchange cash in Singapore:
Try to avoid airport and hotel currency exchanges in Singapore
It is better to avoid exchanging money at the airport or at a hotel in Singapore, as commissions are high and you’re unlikely to get a decent exchange rate.
Know the actual mid-market exchange rates before comparing exchange rates in Singapore
The rates advertised in currency exchange bureaus in Singapore will be poorer than the real rate, as they add fees to their rate.
Check the real mid-market rates and use them as benchmarks to compare to offered exchange rates in Singapore.
Remember! Exchange rates always change
Both global or local events may affect the rate of Singapore Dollar (SGD), so be sure to keep updated on the news when conducting foreign exchange in Singapore.