Singapore Dollar - Currency Exchange, Singapore
The Singapore dollar is roughly 80US cents. If you're British it's an easy calculation 1 pound is two Singapore dollars.
Singapore is not a cheap destination certainly compared to the rest of South East Asia so budget accordingly before you arrive.
there are numerous foreign exchange money shops abound around the whole of Singapore especially around the most tourist friendly areas of Orchard Road, Sentosa, Business District, Bugis, Shopping Malls, Hotels, Casinos and even at markets and my tip here is that you must canvass first on which Money Change Shops gives the better value for your currency to be exchange.
Never change at the hotels as they offer the worst exchange rates, second worst will be the airports. the best money exchange shops are in malls like lucky plaza.
Fondest memory: canvass nearby money exchange shops before exchanging your foreign currencies.
Present US Dollar to Singapore Dollar Rate is : US $ 1 is Sing $ 1.24
the Singapore dollar is the national currency in Singapore and at present, the exchange rate to a US dollar is US $ 1.00 is equal to Singapore $ 1.24. the banknotes have $1000, 100, 20, 10 5, 2 dollars(These notes feature the face of Yusof bin Ishak, the first president of the Republic of Singapore, on the obverse, and the reverse depicts a feature of civic virtue. There are both paper and polymer notes in circulation) and the coins have 5 and 10 and 20 and 50 and 1 dollar coins. There are numerous money exhange shops everywhere where you can change your local currencies into Singapore Dollars and also international ATM's (Automated Teller Machines) where you can withdraw money into Singapore Dollars (often with an international surcharge).
Fondest memory: the Singapore dollars are crisp and easy on the hand. I've noticed there are hardly old Banknotes.
Currency exchange are spread all over Singapore and you get excellant rates. Dont exchange your foreign currency at Changi airport, although there are by the dozens there. You will find it specially in and around the city area (Orchard road, Little India, Chinatown). Every shopping mall will undoubtedly have one. So far, I have got best rates in Mustafa at Syed Alwi road, off Serangoon road(Near Little India)
A light meal/breakfast at one of the fast food or a food court will cost you anything between S$5-8. But most of the hotel in Singapore will provide you with free breakfast. It is a part of the room tariff.
Hope this helps
All the banknotes have the same guy, the first president of Singapore on the front. On the back of the banknotes are civic virtues. The coins are similar to each other. The front has a coat of arms and the back have flowers.
The smaller denominations coins such as the one cent and 5 cent pieces are rarely seen. Stores round up or adjust down to the nearest 10 cents (which is worth about 5 Euro cents or 6 US cents)
There are some new banknotes that almost look like the old ones. The main difference is that they are made of thin plastic, not paper. They have a transparent window in 2 corners. They feel like Australian currency.
The local currency is Singapore dollars and cents. Notes come in denominations of SGD 2, SGD 5, SGD 10, SGD 20, SGD 50, SGD 100, SGD 500, SGD 1,000, and SGD 10,000.
Coins come in denominations of 1, 5, 10, 20 and 50 cents and SGD 1.
Banking hours are Monday to Friday: 10 am to 3 pm, and Saturday: 9.30 am to 1 pm (some banks are open until 3 pm). Sunday, 9.30 am to 3 pm (some banks in Orchard Road).
Most banks handle travellers' cheques and change foreign currencies. However, some banks do not have foreign exchange dealings on Saturday.
Passports are required when cashing travellers' cheques. A nominal commission may be charged.