Singapore-Malaysia border crossing is the busiet border crossing in the world. Many Malaysians and Singaporeans cross the border to Malaysia every day through Johor-Singapore Causeway or Tuas Second Link, even during COVID-19 pandemic.
Read our guide here on whether you should use a credit card or pay in cash when shopping overseas. As a rule of thumb, unless you are trying to accumulate rewards points or mileage for your credit cards, you will save more by saving in cash.
Knowing this, we have compiled a list of best money changers in Singapore.
Best Money Changer for cheap Malaysian Ringgit (MYR) in Singapore (Updated 2022)
- Fiat Money Changer (The Arcade, Raffles Place)
- Capital Forex Pte Ltd (Bukit Batok)
- JC Global (NorthPoint City, Yishun)
- Silver River Money Changer (Marina Square, City Hall)
- Eng Lok Money Changer (People’s Park Complex, Chinatown)
How do we make the listing?
1. We go through the money changers to identify the best rates for SGD/MYR.
2. We search under the Monetary Authority of Singapore (MAS)'s directory to make sure that they are registered money changer (just in case).
3. We read through their Google review and Facebook reviews and filter out those that have bad ratings (below 3 out of 5).
Fiat Money Changer (The Arcade, Raffles Place)
- Opening Hours: Monday-Friday: 9am – 5pm
- Contact Number: +65 62240901
- Address: The Arcade #02-37, 11 Collyer Quay, 049317
- Review: 4.1 out of 5 from 20 Google Reviews (as of 2022)
Capital Forex Pte Ltd (Bukit Batok)
- Opening Hours: Monday-Sunday: 10am – 10pm
- Contact Number: +65 62604797
- Address: Le Quest Shopping Mall, 4 Bukit Batok Street 41, #01-78 Le Quest, Singapore 657991
- Review: 4.9 out of from 54 Google Reviews (as of 2022)
JC Global (NorthPoint City, Yishun)
- Opening Hours: Monday-Sunday: 10am - 9:30pm
- Contact Number: +65 64551817
- Address: Northpoint City, #B2-131, 1 NorthPoint Dr, 768019
- Review: 4.6 out of 5 from 35 Google Review (as of 2022)
Silver River Money Changer (Marina Square, City Hall)
- Opening Hours: Monday-Sunday: 12pm – 5pm
- Contact Number: +65 63395356
- Address: Marina Square, 6 Raffles Blvd, 02-217, Singapore 039594
- Review: 4.2 out of 5 from 10 Google Reviews (as of 2022)
Eng Lok Money Changer (People's Park Complex, Chinatown)
- Opening Hours: Monday-Saturday: 10:30am - 7:30pm; Closed on Sunday
- Contact Number: +65 9655 2590
- Address: 1 Park Rd, 01-61C, Singapore 059108
- Review: 4.4 out of 5 from 11 Google Review (as of 2022)
