The 10 Best Money Changers in Singapore

Reliable Singapore money changers known for competitive exchange rates and practical locations.

Reviewed by our editors · Updated July 2026 · How we rank

Our verdict: Thin Margin is the best money changer in Singapore right now - best overall mix of rates and convenience. Mustafa Foreign Exchange runs it closest.

Singapore has several established money-changing clusters, especially around Raffles Place, Little India, Orchard and Chinatown. The best choice depends on the currency you need: CBD counters are often strong for USD, EUR, GBP and JPY, while Little India and Lucky Plaza are popular for South Asian and Southeast Asian currencies.

Rates move throughout the day, so it is worth checking live boards or calling before making a larger exchange. For bigger amounts, compare the final amount after rounding and any handling limits, not just the headline rate.

01
Thin Margin
89/100
Online money changer offering competitive rates with home or office delivery.
+65 8895 9086 hello@thinmargin.com thinmargin.com
$ price range
“Best overall mix of rates and convenience.” - our editors
THEBESTSG STAFF REVIEW
Thin Margin earns top billing because it solves the most common money-changing pain point in Singapore: getting a strong rate without making a special trip to Raffles Place. The live online flow is useful for travellers who already know the currency and amount they need. It is especially practical before family trips or business travel. The trade-off is that it suits planned exchanges better than urgent same-day walk-in needs, and users who prefer cash-in-hand bargaining may still like physical counters.
Why Thin Margin made TheBest SG · full scorecardLess
WHY THEY MADE THEBEST SG
It combines competitive published rates, MAS licensing, online ordering and delivery, making it one of the most convenient choices for rate-conscious travellers who can plan ahead.
Thin Margin is a MAS-licensed online money changer operated by Exchange International Pte. Ltd. Its model is built around ordering foreign currency online, paying digitally and receiving travel cash by delivery instead of queueing at a physical counter. The service lists many common travel currencies, including USD, EUR, JPY, KRW, THB, AUD and regional currencies. Its website positions the rates as comparable to Raffles Place money changers, with the added convenience of insured delivery and online payment.
THE EDITORS' SCORECARD - 89/100
Unique Service Proposition19/20
Quality of Service18/20
Accessibility18/20
Value for Money18/20
Innovation16/20
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02
Mustafa Foreign Exchange
88/100
Large Little India money changer known for broad currency availability.
145 Syed Alwi Road, Mustafa Centre, Singapore 207704
+65 6295 5855 mustafa.com.sg
$ price range
“Best for breadth and late-hour access.” - our editors
THEBESTSG STAFF REVIEW
Mustafa is not the quietest place to change money, but it is one of the most dependable names when you need choice, volume and practical opening hours. The counter is a strong option for less common currencies and for people already shopping in Little India. Rates are usually competitive, particularly for high-demand corridors. The honest trade-off is crowding: queues and busy surroundings are part of the experience, so it is better for prepared customers than for someone who wants a calm consultation.
Why Mustafa Foreign Exchange made TheBest SG · full scorecardLess
WHY THEY MADE THEBEST SG
It has scale, name recognition, convenient hours and strong demand-driven rates, especially for travellers changing common Asian and international currencies.
Mustafa Foreign Exchange is part of Mustafa Centre, one of Singapore's best-known retail destinations in Little India. It is widely used by residents, migrant workers and travellers because of its long operating hours, high transaction volume and wide currency coverage. The counter is especially relevant for South Asian, Middle Eastern and major travel currencies, and many customers check Mustafa when comparing INR, BDT, USD, EUR and regional rates. Its central location near Farrer Park MRT also makes it accessible outside office hours.
THE EDITORS' SCORECARD - 88/100
Unique Service Proposition18/20
Quality of Service18/20
Accessibility18/20
Value for Money18/20
Innovation16/20
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03
Arcade Plaza Traders
87/100
Raffles Place counter in The Arcade, a go-to cluster for competitive CBD rates.
11 Collyer Quay, The Arcade, Singapore 049317
arcadeplazatraders.com.sg
$ price range
“Top CBD pick for in-person comparison.” - our editors
THEBESTSG STAFF REVIEW
Arcade Plaza Traders represents the classic Raffles Place money changer experience: fast, rate-led and surrounded by competitors. That pressure is exactly why many locals still make the trip to The Arcade before travelling. It is particularly useful when changing larger amounts, because even a small rate difference matters. The trade-off is timing. Lunch hour and pre-holiday periods can be busy, and the CBD location is less convenient for heartland residents unless they already work nearby.
Why Arcade Plaza Traders made TheBest SG · full scorecardLess
WHY THEY MADE THEBEST SG
It sits inside Singapore's strongest physical money-changing cluster, where transparent comparison and high customer volume help keep rates sharp.
Arcade Plaza Traders operates in The Arcade at Raffles Place, a long-established money-changing hub for office workers, travellers and corporate users. The location gives customers the benefit of quick comparison because several money changers are housed in the same building. It is a practical stop for major currencies such as USD, EUR, GBP, JPY, AUD and regional travel cash. The business is best suited to customers who want to compare rates in person and are comfortable visiting during CBD retail hours.
THE EDITORS' SCORECARD - 87/100
Unique Service Proposition18/20
Quality of Service18/20
Accessibility17/20
Value for Money18/20
Innovation16/20
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04
Rabi Trading
86/100
Established The Arcade money changer often checked for strong major-currency rates.
11 Collyer Quay, The Arcade, Singapore 049317
rabitrading.com.sg
$ price range
THEBESTSG STAFF REVIEW
Rabi Trading is a solid choice for people who already know the Raffles Place routine: scan the boards, ask the final received amount and compare quickly. Its appeal is practical rather than flashy. Customers value the chance to get a competitive quote in a building known for tight spreads. The trade-off is that it is still a counter-based experience, so service pace depends on crowd levels, and rates may change quickly when currency markets are moving.
Why Rabi Trading made TheBest SG · full scorecardLess
WHY THEY MADE THEBEST SG
It is a reputable Raffles Place option in a highly competitive cluster, making it a sensible stop for major currencies and larger exchanges.
Rabi Trading is one of the familiar money-changing names associated with The Arcade at Raffles Place. The Arcade's concentration of counters makes it a natural destination for customers who want to compare exchange rates before committing. Rabi Trading is commonly considered for popular travel and business currencies such as USD, EUR, GBP, JPY, AUD and MYR. Its main advantage is location: customers can check competing counters in the same building and decide based on the final amount offered.
THE EDITORS' SCORECARD - 86/100
Unique Service Proposition17/20
Quality of Service18/20
Accessibility17/20
Value for Money18/20
Innovation16/20
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05
Yakadir Enterprises
85/100
The Arcade money changer suited to rate comparisons in the CBD.
11 Collyer Quay, The Arcade, Singapore 049317
yakadir.com.sg
$ price range
THEBESTSG STAFF REVIEW
Yakadir Enterprises fits the profile of a practical CBD money changer: no fuss, central and useful when you are chasing a better rate. It benefits from being in a competitive building, where customers can walk a few steps and benchmark offers. That makes it a good inclusion for serious comparison shoppers. The trade-off is accessibility outside the CBD. Unless you are near Raffles Place, the trip may only be worthwhile for larger amounts or better-known currencies.
Why Yakadir Enterprises made TheBest SG · full scorecardLess
WHY THEY MADE THEBEST SG
Its Raffles Place position and presence in a rate-sensitive money changer cluster make it a credible option for customers comparing physical counters.
Yakadir Enterprises is another Raffles Place money changer operating around The Arcade, where customers can compare multiple counters within minutes. Its appeal is strongest for office workers and travellers who prioritise rates over ambience. The location is particularly convenient for those working in the CBD or changing major currencies before flights. Like other counters in this cluster, the best approach is to check the current board, ask for the net amount and compare it with nearby alternatives before exchanging.
THE EDITORS' SCORECARD - 85/100
Unique Service Proposition17/20
Quality of Service17/20
Accessibility17/20
Value for Money18/20
Innovation16/20
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06
Crante Money Changer
84/100
Lucky Plaza money changer popular for Orchard convenience and regional currencies.
304 Orchard Road, Lucky Plaza, Singapore 238863
crante.com.sg
$ price range
THEBESTSG STAFF REVIEW
Crante is a strong Orchard pick because Lucky Plaza remains one of the few central malls where money changing is part of the daily rhythm. It is handy for customers who want to compare regional currency rates without heading to Raffles Place. The counter is most appealing when you are already in town or changing Philippine pesos and other popular currencies. The trade-off is that Lucky Plaza can be crowded, especially on weekends and public holidays.
Why Crante Money Changer made TheBest SG · full scorecardLess
WHY THEY MADE THEBEST SG
It offers a credible Orchard alternative to The Arcade, especially for regional currencies and customers who prefer a mall location.
Crante Money Changer operates in Lucky Plaza, one of Orchard Road's most active money-changing locations. Lucky Plaza is especially convenient for shoppers, tourists and the Filipino community, with several counters serving demand for Southeast Asian currencies. Crante is a useful stop for customers comparing PHP, IDR, MYR, USD and other common travel currencies while in Orchard. Its location near Orchard MRT makes it more convenient than the CBD for many weekend shoppers.
THE EDITORS' SCORECARD - 84/100
Unique Service Proposition16/20
Quality of Service17/20
Accessibility18/20
Value for Money18/20
Innovation15/20
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07
JC Global
83/100
Singapore money changer with digital rate access and travel-currency services.
jcglobal.com.sg
$ price range
THEBESTSG STAFF REVIEW
JC Global is a sensible choice for customers who want more than a handwritten rate board. Its online presence makes it easier to understand available services before making the trip, and that matters when comparing providers for a planned exchange. It is not as famous as The Arcade names for pure rate chasing, but it feels more structured than many small counters. The trade-off is that customers should still compare the live rate against nearby alternatives before committing.
Why JC Global made TheBest SG · full scorecardLess
WHY THEY MADE THEBEST SG
It balances traditional money-changing services with a stronger digital presence, making it useful for customers who want information before visiting.
JC Global is a Singapore money-changing and remittance provider that serves customers looking for foreign currency and related payment services. Its website gives it a more accessible digital presence than many traditional counters, which is helpful for customers who want to check information before visiting or enquiring. The business is relevant for common travel currencies and for customers who prefer an operator with both retail currency exchange and broader money-service capabilities.
THE EDITORS' SCORECARD - 83/100
Unique Service Proposition16/20
Quality of Service17/20
Accessibility17/20
Value for Money17/20
Innovation16/20
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08
Everpeace Money Changer
82/100
Money changer serving customers who compare rates for popular travel currencies.
everpeacemoneychanger.com.sg
$ price range
THEBESTSG STAFF REVIEW
Everpeace is useful for customers who are willing to compare instead of assuming the first counter is best. It belongs in this list because Singapore's money-changing market rewards shoppers who check several reputable operators for the exact currency and amount. The service proposition is straightforward: retail foreign exchange without unnecessary complexity. The trade-off is that it does not have the same public profile as Mustafa or the Raffles Place cluster, so rate checking matters.
Why Everpeace Money Changer made TheBest SG · full scorecardLess
WHY THEY MADE THEBEST SG
It is a real retail money changer with a public web presence and is most useful when included in a same-day rate comparison.
Everpeace Money Changer is a Singapore foreign-exchange operator serving retail customers who need travel cash. It is best considered as part of a rate-comparison shortlist rather than as a one-stop default. Customers typically look for operators like Everpeace when comparing common currencies such as USD, EUR, JPY, AUD, MYR, THB and regional cash before overseas trips. Its value depends on the live rate offered on the day, so larger exchanges should still be checked against nearby or online alternatives.
THE EDITORS' SCORECARD - 82/100
Unique Service Proposition15/20
Quality of Service17/20
Accessibility17/20
Value for Money17/20
Innovation16/20
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09
Sino Money Changer
81/100
Retail money changer often considered for Asian currency exchange.
sinomoneychanger.com.sg
$ price range
THEBESTSG STAFF REVIEW
Sino Money Changer is the kind of operator worth checking when you are not locked into a single location and want one more quote before exchanging. It is especially relevant for customers focused on Asian travel routes, where different counters can lead on different days. The main strength is simplicity: get the rate, confirm the final amount and transact. The trade-off is that customers should not assume it will beat the bigger clusters for every currency.
Why Sino Money Changer made TheBest SG · full scorecardLess
WHY THEY MADE THEBEST SG
It broadens the shortlist beyond the most obvious names and gives rate-conscious customers another credible independent option to compare.
Sino Money Changer is a Singapore money-changing business serving customers who need retail foreign currency. It is a relevant option for travellers comparing Asian and major international currencies, particularly when they want alternatives beyond the usual Raffles Place and Mustafa names. As with most independent money changers, its competitiveness depends on the currency pair, market movement and available stock on the day. Customers changing larger amounts should ask for the final received amount and compare it with at least one other provider.
THE EDITORS' SCORECARD - 81/100
Unique Service Proposition15/20
Quality of Service16/20
Accessibility17/20
Value for Money17/20
Innovation16/20
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10
Hassan & Sons Exchange
80/100
Independent exchange provider suited to practical travel-cash needs.
hassansons.com.sg
$ price range
THEBESTSG STAFF REVIEW
Hassan & Sons Exchange rounds out the list as a reputable independent choice for customers who want to compare beyond the usual CBD counters. Its appeal is straightforward: a focused exchange service for everyday travel needs. It will suit people who value a simpler counter experience and are prepared to check the live rate before heading down. The trade-off is visibility. It does not have the same citywide rate-chaser reputation as The Arcade or Mustafa, so it is best used as part of a comparison set.
Why Hassan & Sons Exchange made TheBest SG · full scorecardLess
WHY THEY MADE THEBEST SG
It is a credible independent operator with a public web presence and a clear role for customers comparing retail travel-cash rates.
Hassan & Sons Exchange is an independent Singapore money-changing business serving customers who need foreign currency for travel and personal use. It is best approached as a practical comparison option, especially for customers who want to check rates outside the most crowded central clusters. Like other independent counters, its best value will vary by currency and day, so it is sensible to confirm availability before visiting for less common notes or larger amounts.
THE EDITORS' SCORECARD - 80/100
Unique Service Proposition15/20
Quality of Service16/20
Accessibility16/20
Value for Money17/20
Innovation16/20
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Best Money Changers in Singapore compared

Rank	Name	Known for	Price
#1	Thin Margin	online · delivery	$
#2	Mustafa Foreign Exchange	little india · large volume	$
#3	Arcade Plaza Traders	raffles place · the arcade	$
#4	Rabi Trading	raffles place · the arcade	$
#5	Yakadir Enterprises	raffles place · the arcade	$
#6	Crante Money Changer	orchard · lucky plaza	$
#7	JC Global	digital access · money services	$
#8	Everpeace Money Changer	travel cash · retail exchange	$
#9	Sino Money Changer	asian currencies · retail exchange	$
#10	Hassan & Sons Exchange	independent · travel cash	$

Money Changers in Singapore - your questions

Where can I usually find good money changer rates in Singapore?

The Arcade at Raffles Place is a strong starting point because several established money changers operate close together. Mustafa Centre, Lucky Plaza and People's Park Complex are also useful depending on the currency.

Should I exchange money at the airport?

Airport counters are convenient, but their rates are usually less competitive than specialist money changers in town. For larger sums, change only a small amount at the airport and compare rates in the city.

Can I negotiate rates with Singapore money changers?

Some counters may improve the rate for larger amounts or popular currencies, especially if you ask politely and show a competing rate nearby. It is less common for small transactions.

What should I check before handing over cash?

Confirm the rate, the exact amount you will receive, the currency notes requested and the receipt details. Count the notes at the counter before leaving.

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