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Home | Singapore | Singapore Money & Shopping | Money
Money

Singapore’s official currency is the Singapore Dollar (SGD), and it is divided into 100 cents. Coins come in denominations of 1, 5, 10, 20, 50 cents and 1 dollar, and notes in denominations of S$2, 5, 10, 20, 100, 500, 1000, and 10000. The currency of Brunei is also legal tender, with a 1:1 exchange rate

US Dollars, Australian Dollars, Yen and Pounds Sterling are accepted at many major shopping centers in Singapore. Foreign currencies, travelers’ checks, and personal checks can be changed at most banks and licensed money changers. ATMs can be found all over Singapore, and major credit cards are widely accepted.

You can avoid exchange rate charges if you use travelers’ checks denominated in pounds sterling. You must show your passport when cashing them.

Banking
Banks are open from 10 am to 3 pm Monday to Friday and from 9.30 am to 1 pm on Saturdays.  Some branches stay open till 3 pm.  There are also some banks in Orchard Road (the main shopping area) which stay open on Sundays from 9.30 am to 3 pm.
Note that the currency of Brunei is also legal tender and 1 Brunei Dollar = 1 Singapore Dollar.

Major cards are widely accepted in Singapore.

  • Singapore’s official currency is the Singapore Dollar (SGD), and it is divided into 100 cents. Coins come in denominations of 1, 5, 10, 20, 50 cents...
  • Alongside eating, shopping is considered the national pastime on the island. Ranging from hi-tech wares to designer wear, there is something for everyone....

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