What Currency is Used in Singapore?

Are you preparing for an exciting trip to the culturally diverse and vibrant city-state of Singapore? Feeling uncertain about how to best manage your travel money? WeXchange, a leading currency exchange service based in Melbourne, Australia, is here to help you. We will provide you with insightful knowledge about Singapore’s currency, give advice on where to exchange your Australian Dollars (AUD) for Singapore Dollars (SGD), and even suggest some must-visit destinations in Singapore.

The official currency of Singapore is the Singapore Dollar, often denoted by the symbol S$. Denominations for the Singapore Dollar are:

• Notes: S$2, S$5, S$10, S$50, S$100, S$1,000, and S$10,000
• Coins: 5¢, 10¢, 20¢, 50¢, and S$1

The S$1,000 and S$10,000 notes are no longer issued by the Monetary Authority of Singapore (MAS). However, at the time of writing these notes are still legal tender and remain in circulation.

Using S$1,000 and S$10,000 denominations can be quite tricky, so we recommend taking a mixture of notes when you visit Singapore. Order online with WeXchange, and choose between small, medium or large denominations, so you have the most convenient notes amounts when you arrive.

While many businesses accept credit cards and locals utilise digital payment apps like PayNow, carrying cash is crucial for tourists, particularly when visiting local food centres or smaller shops. We recommend sorting out your Singapore Dollars with WeXchange before you leave Australia.

How Should I Carry My Money in Singapore?

While Singapore is known for its tech-savvy locals and prevalence of digital payment platforms, these options might not always be accessible to tourists. Therefore, having a sufficient amount of physical SGD cash on your trip is essential. Carrying local currency will undoubtedly enhance your travel experience and ensure smooth transactions throughout your journey.

With WeXchange, you can order your Singapore Dollars online and collect them in-store, preparing you for your adventure. You’ll avoid the inconvenience of seeking an exchange bureau with competitive rates upon landing in Singapore.

Where to Exchange Singapore Dollars?

You can exchange your AUD to SGD in Australia before your departure or upon your arrival in Singapore. To avoid high fees and less favourable exchange rates, we suggest exchanging your currency at WeXchange before leaving. You can do this conveniently online at any time, or in-store during business hours. Get today’s best rates here.

Must-Visit in Singapore and SGD Money Tips

Singapore, a melting pot of cultures and cuisines, offers a blend of modern cityscape, green spaces, and historic districts. Here’s a snapshot of must-visit locations in Singapore and some practical tips to manage your money:

1. Marina Bay Sands

This iconic landmark not only offers a stunning view of the city but also a wealth of entertainment options, including the ArtScience Museum and the world’s largest rooftop infinity pool. When visiting its luxury mall, dining at its upscale restaurants, or exploring these attractions, carrying enough cash will be beneficial.

3. Gardens by the Bay

This futuristic park, featuring iconic Supertrees and climate-controlled biodomes, is a testament to Singapore’s commitment to the environment. While major attractions within the park accept cards, cash is handy for food and beverage vendors, particularly in the adjacent hawker centres.

5. Little India and Chinatown

Immerse yourself in Singapore’s diverse cultural heritage by exploring the colourful streets of Little India and Chinatown. Apart from delicious street food, you’ll find traditional textiles, spices, and trinkets in these districts – remember that many small eateries and shops prefer cash transactions.

Your Travel Money Sorted with WeXchange