Where to change SGD to TWD in Singapore

Where is best place to change Sing dollars to Taiwan dollars?

I did not had much to change for the taiwan trip this time round.
As recommended previously when changing SGD to MYR , for a small amount of a few hundreds, it may not be worth the time and effort to make a special trip down for the few dollars savings.

However, there is still a way to get a better rate than the money exchangers at the Singapore airport.

And that way is to think out of the box and...

Change at the money exchangers at the Taiwan Taoyuan airport.

Twd change at the airport in taiwan

There will be 3 money changers,
・one straight after you touch down towards immigration,
・one after immigration at the luggage retrieval belts area, and
・the final one at the pathway after the customs declaration.
The final one had the best rate 21.5, though only slightly better than the one right after you touch down towards immigration(21.3).
I would say go for the one with the least queue.

Comparison of rate

Singapore Airport offered 20.6
Taiwan airport offered 21.3 -21.5.
That translates to a 3~4% savings! which turns out can be quite substantial!


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