Home > Blog > Know the best way to use Currency in Singapore

Know the best way to use Currency in Singapore

Table of contents

0
0
Reading Time: 6 minutes

Dreaming of exploring the vibrant city of Singapore? From the towering skyscrapers to the delicious food scene, there’s something for everyone in this bustling metropolis. But before you jet off, it’s important to know the ins and outs of foreign exchange in Singapore. Fear not, we’ve got you covered with some insider tips and tricks to help you make the most of your money and have an unforgettable trip.

In conclusion, with the right knowledge and tools, navigating currency exchange in Singapore can be a breeze. By using the Thomas Cook Forex card, comparing rates from multiple providers, and being strategic with your cash withdrawals, you can enjoy all that Singapore has to offer without worrying about your finances. So pack your bags and get ready for an adventure in this vibrant city-state!

What is the currency of Singapore?

As you stroll down the vibrant streets of Singapore, and think what currency is accepted in Singapore? The answer is that you will be paying with the Singapore Dollar, typically abbreviated as SGD. It is the country’s official currency and consists of notes and coins printed in various denominations. You can easily exchange your money at banks, exchange offices, or even at the airport. So go ahead with that mouthwatering local dish and explore all those terrific landmarks, while not forgetting to have some Singapore currency handy!

Why do I need to have Singapore currency?

Having Singapore currency on hand is essential for a seamless travel experience. Even though places will take your credit cards, local stalls, hawker centres, and smaller shops often prefer to work with cash. The Singapore Dollar or SGD is the currency used in Singapore, so having it ready allows you to enjoy street food and unique souvenirs without a hitch. In addition, you may want to throw yourselves into the full experience of the lively markets; haggling is often far easier with cash! Using the local currency brings you in touch with this fantastic city, so you do not miss out on any pleasant experiences.

How to acquire Singapore’s currency?

One easy way to get the Singapore currency is to get a forex card here in Singapore. The best thing when travelling from India is that on one card, you can load multiple currencies, which include the Singapore Dollar. You can even order the Forex card online or even through your bank before you leave. After getting to Singapore, ATMs are ubiquitous and you can extract cash as you need to. Just remember that while most places accept cards, having cash is handy for smaller vendors and markets. With the currency all sorted, you’re all set to witness everything this beautiful city has in store for you!

The Benefits of Using Forex Exchange Card in Singapore

One of the best ways to manage your money and exchange currency in Singapore is by using the Thomas Cook Forex exchange card. By loading it before the trip with the official currency of Singapore, you won’t have to worry about currency conversion or fluctuating exchange rates upon reaching there. The card can be used to withdraw cash from ATMs or make purchases at merchants that accept Visa cards, and offers competitive exchange rates, giving you the most value for your money.

So, whether you’re wondering about the currency rate in Singapore, which currency to use in Singapore, or what currency is used in Singapore, the Thomas Cook Forex exchange card makes it easy to manage your finances and enjoy your trip without any hassle.

Understanding Currency Exchange Rates in Singapore for Travelers

When exchanging your currency to use in Singapore, it’s essential to understand the exchange rates. The exchange rate is the value of one currency compared to another. The currency used in Singapore is the Singapore dollar (SGD), and you can easily exchange your currency for SGD at various money changers and banks throughout the city-state. It’s recommended to use the local currency for daily transactions as some merchants may not accept foreign currency. You can also withdraw SGD from ATMs using your debit or credit card, but keep in mind that you may be charged a foreign transaction fee.

When exchanging currency notes in Singapore, it’s common to receive them  in various denominations, including the $2, $5, $10, $50, and $100 notes. It’s advisable to carry small denominations when traveling to make it easier for transactions. Additionally, to get the best deal, you should keep an eye on the exchange rate and choose a provider that offers competitive rates. Thomas Cook’s Forex exchange card offers some of the best rates in the market, making it a smart choice for travelers looking to manage their money while exploring the city-state.

Insider Tips for Getting the Best Currency Exchange Deals in Singapore

When it comes to exchanging currency in Singapore, there are a few insider tips that can help you get the most value for your money. Here are some of the best tips for getting the best currency exchange deals in Singapore:

  • Compare rates from multiple providers: It’s essential to compare rates from different providers to ensure you get the best deal. Rates can vary widely, so take the time to shop around and compare rates from different banks and currency exchange booths.
  • Avoid exchanging money at airports: Exchange rates at airports tend to be higher than at other locations. If possible, avoid exchanging your money at airports and opt for an exchange provider in the city.
  • Opt for reputable exchange providers: When exchanging currency in Singapore, it’s  essential to choose a reputable exchange provider that offers competitive rates and transparent fees. Thomas Cook is one of the trusted providers that offer some of the best rates in the market, making it a smart choice for travelers.

What are the payment methods accepted in Singapore?

In Singapore, you’ll find a variety of payment methods that make transactions easy and convenient. The basic currency used is the Singapore Dollar (SGD), but credit cards and debit cards are also equally prevalent. Nowadays, you will find contactless payments more frequently in shops and restaurants like Apple Pay and Google Pay. If you are travelling from India then opt for the best forex card for Singapore from India by which you can track all your expenses with ease. You can load local currency on a forex card in Singapore and enjoy great competitive exchange rates while visiting the city.

Tips to save money when in Singapore?

When you’re in Singapore, saving money while enjoying the sights is totally doable! Here are some tips to keep your budget in check:

Make Use of Public Transport: There’s a very good MRT system in Singapore which is affordable and efficient. Get an EZ-Link card for an easy ride on both trains and buses.

Explore Free Attractions: Spend time in parks, gardens, and cultural districts. Places like Gardens by the Bay and Marina Bay Sands can be enjoyed with breathtaking sights at zero extra entrance fee.

Dine Smart: Have meals at local hawker centres for very inexpensive and delicious food. Try authentic Singaporean food without denting your wallet. During happy hour, you can enjoy going out for meals since most restaurants and bars would offer substantial discounts on food and drinks.

Shop Smartly: Avoid tourist traps, as souvenirs are easily found in local shops. You will get the best price and a unique gift.

Forex Card: Get the most suitable Forex Card for Singapore from India before you leave. You can load Singapore currency into your card and save on rates.

Take advantage of promotional offers: Enjoy discounts and promotions, especially in places to visit and dine. Many would offer lower rates either on specific dates or upon a certain period.

Take Advantage of Free Wi-Fi: Many public spaces in Singapore offer free Wi-Fi. Use this to avoid data charges and stay connected without needing a local SIM card.

Why Thomas Cook Forex Exchange Card is the Best Choice for Singapore Travelers

There are many reasons why the Thomas Cook Forex exchange card is the best choice for travellers in Singapore. It allows you to skip the headache of exchanging your currency and provides competitive exchange rates that ensure you get the most bang for your buck. Say goodbye to standing in long lines at currency exchange booths or worrying about fluctuating exchange rates – the Thomas Cook Forex exchange card is the ultimate money management tool for savvy travellers.

With Thomas Cook, you can quickly get your currency exchanged for Singapore well in advance by paying a small amount and blocking the rates suitable to you. But that’s not all – the convenience of the Thomas Cook Forex exchange card doesn’t end there. The card’s chip-and-PIN system and zero-liability protection provide you with peace of mind as you explore all that Singapore has to offer. Whether you’re a first-time visitor or a seasoned traveller, the Thomas Cook Forex exchange card is undoubtedly the best choice for managing your currency in Singapore.

Make the Most of Your Money in Singapore with Thomas Cook Forex Exchange Card

To make the most of your money in Singapore, we recommend using the Thomas Cook Forex exchange card. Before you travel, load the card with SGD, and you’re all set. You can use the card for cash withdrawals and purchases at merchants that accept Visa cards. Plus, you’ll enjoy competitive exchange rates and transparent fees, so you won’t be hit with any surprise charges. With the Thomas Cook Forex exchange card, you can focus on enjoying your Singapore adventure, knowing that your money is safe and secure.

Navigating currency exchange in Singapore can be a bit daunting, but with the Thomas Cook Forex exchange card, it doesn’t have to be. This card offers a secure and convenient way to manage all your finance during your trip to Singapore.

Table of contents

    Recommended Articles for you