Here is a list of the best Money Exchange in Woodlands, Singapore, which have been rated and get positive reviews by users on Google My Business.
JC Global (NORTHPOINT CITY)
- Address: Northpoint City, 1 North Point Dr, B2-131, Singapore 768019
- Map: Click here
- Rating: 4.9 (1956)
- Phone: +65 6455 1817
- Website: Link
- Opening hours:
Monday: 10:00 AM – 9:30 PMTuesday: 10:00 AM – 9:30 PMWednesday: 10:00 AM – 9:30 PMThursday: 10:00 AM – 9:30 PMFriday: 10:00 AM – 9:30 PMSaturday: 10:00 AM – 9:30 PMSunday: 10:00 AM – 9:30 PM
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The Ultimate Guide to the SGD Exchange Rate
The Singapore dollar (SGD) is the official currency of Singapore. The exchange rate between the SGD and other currencies, such as the US dollar (USD), is constantly fluctuating. There are a number of factors that can affect the SGD exchange rate, including:
- Interest rates: When interest rates in Singapore are higher than interest rates in other countries, the SGD tends to appreciate against those currencies. Conversely, when interest rates in Singapore are lower than interest rates in other countries, the SGD tends to depreciate against those currencies.
- Economic growth: When the Singapore economy is growing faster than other economies, the SGD tends to appreciate against those currencies. Conversely, when the Singapore economy is growing slower than other economies, the SGD tends to depreciate against those currencies.
- Political stability: When there is political instability in Singapore, the SGD tends to depreciate against other currencies. Conversely, when there is political stability in Singapore, the SGD tends to appreciate against other currencies.
- Trade balance: When Singapore has a trade surplus, meaning it exports more goods and services than it imports, the SGD tends to appreciate against other currencies. Conversely, when Singapore has a trade deficit, meaning it imports more goods and services than it exports, the SGD tends to depreciate against other currencies.
- Speculation: Speculation is the buying and selling of currencies in the hope of making a profit. When there is a lot of speculation in the SGD market, the exchange rate can be more volatile.
- News events: Major news events, such as natural disasters, wars, and political elections, can also affect the SGD exchange rate.
The SGD exchange rate is a complex and ever-changing market. The factors that affect the exchange rate can vary over time, and it is important to stay up-to-date on the latest news and developments in order to make informed trading decisions.
Here are some additional things to keep in mind when considering the factors that affect the SGD exchange rate:
- The relative strength of the Singapore and US economies is one of the most important factors affecting the SGD/USD exchange rate. When the Singapore economy is strong, the SGD tends to appreciate against the USD. Conversely, when the US economy is strong, the SGD tends to depreciate against the USD.
- The interest rate differential between Singapore and the United States is another important factor affecting the SGD/USD exchange rate. When interest rates in Singapore are higher than interest rates in the United States, the SGD tends to appreciate against the USD. Conversely, when interest rates in Singapore are lower than interest rates in the United States, the SGD tends to depreciate against the USD.
- The risk appetite of investors is also a factor that can affect the SGD/USD exchange rate. When investors are risk-averse, they tend to sell the SGD and buy the USD. Conversely, when investors are risk-seeking, they tend to buy the SGD and sell the USD.
- The SGD/USD exchange rate is also affected by a number of other factors, such as trade balance, speculation, and news events.
By understanding the factors that affect the SGD/USD exchange rate, you can make more informed decisions about when to buy or sell the SGD.
The 7 Best Money Exchange near Woodlands, Singapore
JC GLOBAL (WOODLANDS MRT)
- Address: 30 Woodlands Ave 2, #01-13, Singapore 738343
- Map: Click here
- Rating: 4.9 (1720)
- Phone: +65 6452 1817
- Website: Link
- Opening hours:
Monday: 10:00 AM – 9:30 PMTuesday: 10:00 AM – 9:30 PMWednesday: 10:00 AM – 9:30 PMThursday: 10:00 AM – 9:30 PMFriday: 10:00 AM – 9:30 PMSaturday: 10:00 AM – 9:30 PMSunday: 10:00 AM – 9:30 PM - Reviews:
a month agoWent there purposely to change peso as I saw the reviews were good. Yes service is good. They dont charge service fee for using PayNow to exchange, compared to other changers.4 weeks agoFriendly staff and also good ratein the last weekAll the lady staff very friendly and helpful but the guy Mr.Zhang is not helpful and no politely ask too many question like I Owe him or like my money come from illegal and always Long Q when he service at counter the time.I realized that he check all my receiver detail and how much I sent to them one by one check slowly until behind Long Q. After that he ask me fill in the form again .after I fill in the form he ask me re Q again from behind .actually I only sent to one person . normally I sent to my family member and donation to the temple Thailand receiver but he check like police checking one by one and do it purposely slowly but it took too long time almost 30mins. First time I meet this type of lousy customer service at the money changer company. Is very bad experienced I meet .3 weeks agoMs Lim was very alert when I was in the queue to do my remittance. She acknowledge my presence and immediately directed me to her counter. Everything goes smoothly as always. Awesome customer service. 😃💎a week agoGood rate good service, like to change money here as they take paylah too
JC GLOBAL (CHOA CHU KANG MRT)
- Address: 10 Choa Chu Kang Ave 4, #01-10, Singapore 689810
- Map: Click here
- Rating: 4.9 (883)
- Phone: +65 8940 8400
- Website: Link
- Opening hours:
Monday: 10:00 AM – 9:30 PMTuesday: 10:00 AM – 9:30 PMWednesday: 10:00 AM – 9:30 PMThursday: 10:00 AM – 9:30 PMFriday: 10:00 AM – 9:30 PMSaturday: 10:00 AM – 9:30 PMSunday: 10:00 AM – 9:30 PM - Reviews:
a week agoHighly recommended! Excellent service from the staff. She even provided smaller change. Good rates when changing more!a week agoThe service was excellent, and the staff were friendly. When I requested to have my money changed into smaller notes, the staff member confirmed if using $10 and $20 bills was acceptable for mea week agoI found in Google just spontaneously, the moment I step in to I feel great not bcoz of rate is high, the staff is very friendly (xiaoying). Is highly recommended, who ever say near cck, pls go to this money changer, you won’t regret it. Fast, efficient, good service provide. I grateful 🙏😇☺️in the last weekVery convenient place to exchange money here. And good rate. And also Nearest to my house here. Staff very friendly!a week agostaff is always friendly and work fast! their rates are also often times better than the one at lot 1 lvl 4!
MoneyMax
- Address: 1 Woodlands Square, #01-29 Causeway Point, Singapore 738099
- Map: Click here
- Rating: 4.8 (124)
MoneyMax Pawnshop – Marsiling MRT Station
- Address: 71 Woodlands Ave 3, #01-05 Marsiling MRT Station, Singapore 739044
- Map: Click here
- Rating: 4.9 (111)
MoneyMax Pawnshop – Woodlands MRT Station
- Address: 30 Woodlands Ave 2, #01-41 Woodlands, Singapore 738343
- Map: Click here
- Rating: 4.9 (58)
ZeroEx Money Changer (Woodlands North MRT Money Changer)
- Address: 20 Woodlands North Coast Rd, B1-02 Woodlands North, Singapore 737668
- Map: Click here
- Rating: 4.6 (27)
Rohail Exchange Pte. Ltd.
- Address: 70 Woodlands Ave 7, #02-K17 Overhead Bridge, Singapore 738344
- Map: Click here
- Rating: 4.8 (19)
Thank you for reading! If you have any additional information on the best Money Exchange in Woodlands, Singapore, please leave a comment below. Paketmu would love to hear from you!
5 Comments
Only money changer open early on Sunday here. Good rate, friendly staff.
The process was quick and the rate is honestly quite good despite the competition. I have changed money here for aus, malaysia and indonesia and quite worth. The people are nice and friendly as well 🙂
Good service! The rate here always better than the other money exchanger and the remittance service is fast and secure.
Super convenient! Less than 5 mins from Yishun MRT and accepts PayNow. Process was smooth and efficient with really good rates. Wilson was super helpful with the money exchange.
Friendly staff, easy going transactions, good rates. Recommended