Currency

The official currency is Singapore Dollar (code SGD; symbol S$), divided into 100 cents. Notes come in denominations of S$10,000, S$1,000, S$500, S$100, S$50, S$10, S$5 and S$2. Coins are in denominations of S$1, and 50, 20, 10, 5 and 1 cents.

The Brunei dollar is the second legal tender in Singapore. It is pegged at par with the Singapore dollar and both currencies can be used interchangeably in Singapore (and in Brunei).

Many major shops also accept US dollars, Australian dollars, British pounds and Japanese yen, but the rates are usually much worse than in money exchange offices.

Foreign Currency Exchange

Foreign currency may be exchanged at banks or currency exchange offices. The exchange offices can be found in most shopping malls and usually offer better exchange rates and have more convenient opening hours than banks.

ATMs

Automated Teller Machines (ATMs) are widespread and accept debit and credit cards that work on Plus or Cirrus networks for cash withdrawals.

Credit Cards

Credit cards are widely accepted in Singapore. Most common cards are Visa, MasterCard, American Express and Diners Club.

Traveler's Checks

Traveler's checks can be cashed in banks or at currency exchange offices.

Banking Hours

Typical banking hours are from 10:00am to 3:00pm, Monday to Friday and 9:30am to 1:00pm on Saturdays.

Tipping

Bellboys in hotels expect about S$2 per bag, but other than that tipping in restaurants and for taxis is generally not practiced.

Current Singapore Dollar Rates

For other currencies or conversion amounts go to Currency Converter