Singapore’s national currency is the Singapore dollar (SGD). On local price tags, it is often marked as S, or even $.

1 sing. dollar = 100 cents

There are banknotes in circulation in 2, 5, 10, 50, 100, 1000 and 10,000 Singapore dollars. There are also coins in 1, 2, 5, 10, 20 and 50 cents and 1 dollar.

Currency exchange in Singapore

You can exchange currency in Singapore at banks, as well as specialized exchange offices with the sign “Licensed money changer”, which are located in large shopping centers, metro stations and hotels.

You can change money at the airport at the baggage claim and in the arrivals hall. The most favorable exchange rate in Singapore can be found in the Mustafa Center shopping center located in the Little India area (Little India).

Despite the great safety of the Little India area, it is not recommended to visit alone at night.
In Singapore, Russian rubles are not accepted for exchange, so it is most convenient to purchase Singapore dollars before leaving Russia. You can also buy US dollars or euros and exchange them upon arrival.

Exchange office hours: 10:00-17:00, some until 20:00

Credit cards in Singapore

Credit and bank cards in Singapore are accepted everywhere, they can be used to pay for purchases and services. Credit cards can also be used to pay for travel in many taxis, with their help you can buy a bus ticket from a vending machine. True, when paying for a taxi by credit card, a commission of up to 15% is charged.

With the help of a bank card in Singapore, you can also withdraw money, but only Singapore dollars. The minimum withdrawal amount is 20 sing. dollars (about 520 rubles), the maximum is 2000 sing. dollars (about 52,000 rubles).

Banks of Singapore

Banks in Singapore are open from 09:30 to 16:30, on Saturdays from 09:30 to 13:00, Sunday is a day off.

Singapore’s national banks are: Bank of Singapore, DBS Bank, Far Eastern Bank, Oversea-Chinese Banking Corporation, Singapore Island Bank, The Islamic Bank of Asia and United Overseas Bank. Foreign banks also operate in Singapore, including: Bank of America, JPMorgan Chase, Citibank, Bank of China.

An easy and convenient way to transfer money from country to country through the Western Union money transfer service.