Money Changer Near Me: 14 Best Money Changers In Singapore (2026)

Searching for “money changer near me” in Singapore? You’re in the right place. 

Whether you need a money changer Singapore open now, the best exchange rates, or operating hours, this guide covers the 14 best money changers with verified rates, exact addresses, and insider tips to maximise savings on every currency exchange.

TL;DR: Best Money Changers in Singapore

Pro tip: Different money changers offer better rates for certain currencies. YouTrip simplifies this by letting you lock in rates anytime, anywhere.

Table of Contents

1. Best Money Changers in Singapore (Quick Comparison)
2. Why Finding The Right Money Changer Matters
3. Current Exchange Rates: YouTrip vs Money Changers
4. Top 5 Money Changer Locations in Singapore
   • The Arcade, Raffles Place
   • Mustafa Centre, Little India
   • People’s Park Complex, Chinatown
   • Parkway Parade, East Coast
   • Lucky Plaza, Orchard Road
5. How to Find a Money Changer Near Me: Quick Location Guide
6. Money Changer Operating Hours
7. How to Get the Best Exchange Rates in Singapore
8. YouTrip: Singapore’s Favourite Multi-Currency Wallet
9. FAQ: Money Changer Singapore

Best Money Changers in Singapore: Quick Comparison Table 

Looking for a money changer near me? Here are the 14 best money changers in Singapore, organised by location with verified operating hours and specialities (updated February 2026):

Related Guide: Best Singapore Credit Card For Travel: Complete Comparison Guide

Why Finding The Right Money Changer Matters

The difference between the best and worst exchange rates in Singapore can cost you 2-5% of your total amount. For a S$1,000 exchange, that’s S$20-50 lost to poor rates.

Key factors that affect your exchange:

1. Exchange rate markup: Money changers add a 0.5-3% markup to wholesale rates
2. Hidden fees: Some locations charge transaction fees or commissions
3. Currency specialisation: Certain changers offer better rates for specific currencies
4. Location premium: Airport and hotel money changers charge 2-4% more than city centres
5. Time of day: Rates fluctuate; wholesale rates reset at market open (9 AM SGT)

Related Guide: Wise Card Singapore Guide: Fees, Limits, Exchange Rates

Current Exchange Rates: YouTrip vs Physical Money Changers:

Live Rate Comparison

Currency	YouTrip Rate	Best Money Changer Rate*	YouTrip Advantage
Malaysian Ringgit (MYR)	1 SGD = 3.090 MYR	1 SGD = 3.085 MYR	+0.16% better
Japanese Yen (JPY)	1 SGD = 122.71 JPY	1 SGD = 120.70 JPY	+1.65% better
Thai Baht (THB)	1 SGD = 24.82 THB	1 SGD = 24.61 THB	+0.86% better
US Dollar (USD)	1 SGD = 0.7867 USD	1 SGD = 0.7824 USD	+0.56% better
Euro (EUR)	1 SGD = 0.6674 EUR	1 SGD = 0.6644 EUR	+0.45% better

*Money changer rates sourced from CashChanger.co (best available rate). Rates are accurate as of 3 Feb 2026 and fluctuate daily.

What this means for you when exchanging S$1,000 to JPY:

• YouTrip: 122,710 JPY
• Physical money changer: 120,700 JPY
• You save: 2,010 JPY (~S$16.65)

Related Guide: Revolut Singapore: The Ultimate Guide To The Revolut Card, Account & Fees

Top 5 Money Changer Singapore Locations (2026 Guide)

Where is the nearest money changer? Singapore has over 200 licensed money changers clustered in five main hubs: Raffles Place (The Arcade), Little India (Mustafa Centre), Chinatown (People’s Park Complex), Orchard Road (Lucky Plaza), and Marine Parade (Parkway Parade).

Each money changer Singapore location specialises in different currencies and offers varying rates. Here are the deets

1. The Arcade, Raffles Place

Image Credits: CDL Commercial

The Arcade houses 26+ licensed money changers in one building, creating intense competition that drives rates down by 0.5-1% compared to standalone locations. This is Singapore’s largest concentration of money changers.

• Best for: Most competitive exchange rates Singapore-wide, rare currencies, high-volume exchanges
• Address: 11 Collyer Quay, Singapore 049317
• Nearest MRT: Raffles Place (EW14/NS26), Exit C — 2 minutes walk
• Peak hours to avoid: 12 PM-2 PM weekdays (lunch crowd)
• Parking: Limited; use public transport

Top money changers at The Arcade:

1. Arcade Plaza Traders (#02-03)
   • Operating hours: Mon-Fri 10 AM-5 PM, Sat 10 AM-1 PM
   • Strengths: Fast service, good for large amounts (S$5,000+)
   • Best rates: EUR, GBP, USD
     
2. People’s Corner Money Changer (#02-07)
   • Operating hours: Mon-Thu 9:30 AM-6 PM, Fri 9:30 AM-12:45 PM & 2 PM-6 PM, Sat 10 AM-1 PM
   • Strengths: Widest currency selection (18+ currencies)
   • Best rates: Asian currencies (MYR, THB, IDR)
     
3. Hassan & Sons Exchange (#02-05)
   • Operating hours: Daily 10:30 AM-9:30 PM (latest closing time)
   • Strengths: Extended hours, weekend availability
   • Best rates: MYR, JPY, THB
     
4. Arcade Money Changers (#01-18)
   • Operating hours: Mon-Thu 9:30 AM-6:30 PM, Fri 9:30 AM-12:30 PM & 2 PM-6:30 PM, Sat 9:30 AM-2:30 PM
   • Strengths: Established since 1979, trusted reputation
   • Best rates: Major currencies (USD, EUR, GBP)

Pro tips for The Arcade:

• Walk through the building and compare at least 3-4 money changers
• Rates posted on boards update every 15-30 minutes
• Long queues usually indicate better rates (people vote with their feet)
• Ask for better rates if exchanging S$1,000+ (negotiation works)
• Avoid exchanging on Friday afternoons (some close for prayers)

Related Guide: SGD To Yen Guide: Capitalising On The Japanese Yen

2. Mustafa Centre, Little India

Image Credits: The Honeycombers

Mustafa’s is Singapore’s only 24/7 money changer, making it invaluable for last-minute exchanges before early morning flights, late-night arrivals needing local currency, weekend emergencies when banks are closed, and travellers on unconventional schedules.

• Best for: Late-night exchanges, Indian Rupee (INR), emergency currency needs, after-hours money exchange in Singapore
• Address: 145 Syed Alwi Road, Mustafa Centre, Singapore 207704 (Level 1 beside Exit 1)
• Nearest MRT: Farrer Park (NE8), Exit G — 3 minutes walk
• Operating Hours: Open 24 Hours Daily (24/7) — Singapore’s only round-the-clock money changer
• Parking: Available at Mustafa Centre (paid parking)

Currencies with best rates at Mustafa:

1. Bahraini Dinar (BHD), Mauritian Rupee (MUR) — Hard-to-find currencies
2. Indian Rupee (INR) — Consistently 0.5-1% better than competitors
3. Malaysian Ringgit (MYR) — Competitive with The Arcade
4. Indonesian Rupiah (IDR) — Good for Bali/Jakarta travellers
5. Philippine Peso (PHP) — Popular with domestic workers

Important notes:

• Rates can be 0.3-0.5% higher than The Arcade during peak hours (trade-off for 24/7 convenience)
• Negotiation is possible, especially for amounts over S$2,000
• Multiple money changers operate within the Mustafa Centre; Mustafa Foreign Exchange on Level 1 is the most reliable
• Travellers’ cheques NOT accepted
• Expect crowds during Indian festival periods (Deepavali, etc.)

Time-saving tip: Check rates on Mustafa’s website before visiting — they post updated rates daily.

Related Guide: Best SGD to IDR Rate in Singapore

3. People’s Park Complex, Chinatown

Image Credits: Dynamic Edge

This Chinatown landmark has 15+ money changers within a 2-minute walk, specialising in Chinese Yuan and Hong Kong Dollar exchanges. The cluster creates a “money changer street” effect with visible rate competition.

• Best for: Chinese Yuan (CNY), Hong Kong Dollar (HKD), regional Asian currencies, competitive rate comparison
• Address: 1 Park Road, Singapore 059108
• Nearest MRT: Chinatown (NE4/DT19), Exit C — 2 minutes walk
• Peak hours to avoid: 12 PM-2 PM, 6 PM-8 PM (dinner crowd)
• Parking: Limited street parking; use Chinatown MRT

Top money changers at People’s Park Complex:

1. Crante Money Changer (#01-28)
   • Operating hours: Daily 9 AM-9 PM
   • Signature: Always has long queues (20+ people are common)
   • Best rates: CNY (consistently 0.3-0.5% better than average)
   • Location tip: Next to the durian pancake shop for easy identification
     
2. Today’s Money Exchange (#01-03)
   • Operating hours: Mon-Thu, Sat-Sun 9:30 AM-9 PM; Fri: CLOSED
   • Strengths: Good for Thai Baht (THB)
   • Note: Closed on Fridays
     
3. Emerald Money Changer (#01-61)
   • Operating hours: Daily 10 AM-9 PM
   • Strengths: Willing to negotiate on large amounts
     
4. AK Money Changer & Department Store (#01-K95C)
   • Operating hours: Daily 9:30 AM-9 PM
   • Strengths: Competitive rates, efficient service during peak hours

Haggling strategy for People’s Park:

People’s Park Complex is one of the few places in Singapore where haggling is culturally accepted for money exchange:

1. Check rates at 2-3 different changers first
2. Identify the best posted rate
3. Return to that changer and politely ask: “Can you improve the rate? I’m changing S$X,XXX”
4. For amounts over S$1,000, expect 0.1-0.3% better rate
5. For amounts over S$5,000, negotiate up to 0.5% better rate

Safety reminder: People’s Park Complex can be crowded. Watch for pickpockets and count your money carefully before leaving the counter.

Related Guide: SGD to CNY Exchange Rate Guide: Best Ways to Convert Singapore Dollar to Chinese Yuan

4. Parkway Parade, East Coast

Image Credits: Parkway Parade

Parkway Parade typically has much shorter queues, with a 5–10 minute wait compared to 20–30 minutes at The Arcade during peak periods. Exchange rates are usually within 0.2–0.4% of The Arcade, which is a reasonable trade-off for the added convenience. It’s also easy to combine a money change run with weekend shopping or dining.

• Best for: East Coast convenience (Bedok, Marine Parade, Katong, Siglap), avoiding CBD crowds, JPY/USD/THB
• Address: 80 Marine Parade Road, Singapore 449269
• Nearest MRT: Paya Lebar (EW8/CC9) + Bus 16 OR Marine Parade bus stops
• Parking: Free 3-hour parking with validation
• Alternative East locations: Tampines Mall, Bedok Mall also have money changers

Top Money Changers at Parkway Parade (East Coast Singapore):

1. Yakadir Enterprises (#01-16B)
   • Operating hours: Daily 10:15 AM-6:30 PM
   • Currencies: MYR, USD, THB, JPY, EUR, GBP, AUD, NZD, HKD, and more
   • Strengths: Wide selection, less crowded than CBD
     
2. Everpeace Money Changer Pte Ltd (#01-503E)
   • Operating hours: Mon-Sat 10 AM-6:30 PM; Sun CLOSED
   • Currencies: THB, USD, MYR, JPY, HKD
   • Strengths: Reliable weekend service (Saturday)

Related Guide: Best SGD to EUR Rate in Singapore

5. Lucky Plaza, Orchard Road

Image Credits: Accredit Loan

Lucky Plaza has Singapore’s largest Filipino community hub, creating specialised demand for competitive PHP rates. Money changers here compete specifically for PHP exchanges, often beating other locations by 0.5-1%.

Pro tip: Combine money exchange with shopping at Lucky Plaza’s electronics/fashion stores for an efficient Orchard trip.

• Best for: Philippine Peso (PHP) exchanges, shopping district convenience, Thai Baht (THB), tourists
• Address: 304 Orchard Road, Singapore 238863
• Nearest MRT: Orchard (NS22), Exit A — 5 minutes walk
• Parking: Lucky Plaza basement parking (paid)
• Nearby alternative: Wisma Atria, ION Orchard (limited money changers)

Top Money Changers at Lucky Plaza Orchard:

1. Rabi Trading (#01-37)
   • Operating hours: Daily 9 AM-7 PM
   • Best rates: PHP, USD, THB
   • Strengths: Established reputation, trusted by the Filipino community
     
2. Fajar Money Changer (#01-82)
   • Operating hours: Mon-Sat 10 AM-7:30 PM; Sun CLOSED
   • Best rates: PHP, THB, MYR, AUD
     
3. Rahiman Trading (#B1-10)
   • Operating hours: Daily 10:30 AM-8:30 PM
   • Specialisation: USD, SGD
   • Note: Basement level location

Related Guide: SGD To Korean Won Exchange Rate: Best Rates, Forecast, Conversion Tips

How to Find a Money Changer Near Me: Quick Location Guide

“Where is the nearest money changer to my location?” Use this quick reference based on your current area in Singapore:

Related Guide: SGD To MYR Rate Today: Best Exchange Rates, Forecast & Where to Change Money

Money Changer Operating Hours:

• Friday Exchanges: Go before 12 PM or after 2:30 PM due to prayer breaks
• Weekend / PH: Mustafa Centre is the safest bet
• Saturday afternoons: Avoid The Arcade

Related Guide: 1 SGD to USD Guide: Current Rates, Forecasts & Travel Tips

How to Get the Best Exchange Rates in Singapore 

• Compare rates online first using CashChanger.co to spot the best live rates by location before heading out.
  
• Avoid airport money changers as rates are typically 2–4% worse; only exchange small amounts in emergencies.
  
• Exchange larger amounts where possible, as S$1,000+ usually unlocks better, negotiable rates.
  
• Change money during market hours (10 AM–4 PM, Mon–Thu) when rates are most competitive, and stock is the highest.
  
• Bring a valid ID (NRIC, passport, or FIN) as it’s mandatory for all exchanges in Singapore.
  
• Ask for smaller denominations to avoid usability issues or hidden “small notes” fees overseas.
  
• Monitor rates daily if travelling soon and exchange when rates move in your favour.
  
• Go to money changers that specialise in your target currency for better availability and pricing.
  
• Always count your cash and verify the rate on the receipt before leaving the counter.
  
• Consider digital options like YouTrip to lock in the best exchange rates 24/7 with zero FX fees and no queues.

Related Guide: SGD to NZD: Exchange Rate, Forecast & Best Way to Convert in Singapore

YouTrip: Singapore’s Favourite Multi-Currency Wallet

YouTrip is Singapore’s leading multi-currency travel card and wallet that eliminates the need for physical money changers. Licensed by MAS (Monetary Authority of Singapore) as a Major Payment Institution, YouTrip offers wholesale exchange rates with zero markup — better than physical money changers.

How YouTrip Works (3 Simple Steps):

1. Download app → Sign up in 5 minutes (NRIC/passport required)
2. Top up SGD → Via PayNow, bank transfer, or debit card
3. Exchange currency → Lock in rates for 12 currencies OR auto-convert at wholesale rate across 150+ currencies

Your YouTrip Mastercard arrives by mail in 5-7 business days.

YouTrip Features & Benefits

• Competitive wholesale exchange rates with zero fees
• Lock in rates for 12 currencies (SGD, JPY, MYR, THB, HKD, USD, EUR, GBP, AUD, NZD, CHF, SEK)
• Spend in 150+ currencies worldwide
• Free overseas ATM withdrawals (up to S$400/month) *A 2% fee is imposed thereafter
• Zero annual fees, no minimum balance

Just tap and go — no need to find a money changer near me ever again!

Related Guide: YouTrip Exchange Rates: Everything You Need to Know

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!

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