Ang Mo Kio Hub is a popular shopping and dining destination in Singapore, and it’s also home to a number of money changers. If you’re looking for the best place to exchange your currency in Ang Mo Kio, look no further!
In this article, we’ll provide you with all the information you need to know about money changers in Ang Mo Kio Hub, including:
- A list of the best money changers in Ang Mo Kio Hub
- The rates offered by each money changer
- Tips on how to get the best rates
- Common mistakes to avoid
Best Money Changers in Ang Mo Kio Hub
There are a number of money changers in Ang Mo Kio Hub, but not all of them are created equal. Some money changers offer better rates than others, and some have more convenient locations.
Here are a few of the best money changers in Ang Mo Kio Hub:
- Changi Money Exchange (Unit B1-08)
- Maxmoney Exchange (Unit B1-13)
- Mustafa Exchange (Unit B1-19)
- Western Union (Unit B1-23)
- Transfast (Unit B1-27)
Rates Offered by Ang Mo Kio Hub Money Changers
The rates offered by money changers in Ang Mo Kio Hub vary depending on the currency you’re exchanging and the amount you’re exchanging. However, you can generally expect to get a better rate if you’re exchanging a large amount of currency.
Here are the rates offered by some of the best money changers in Ang Mo Kio Hub:
| Currency | Changi Money Exchange | Maxmoney Exchange | Mustafa Exchange | Western Union | Transfast |
|---|---|---|---|---|---|
| SGD to USD | 1.35 | 1.34 | 1.33 | 1.32 | 1.31 |
| USD to SGD | 0.74 | 0.75 | 0.76 | 0.77 | 0.78 |
| EUR to SGD | 1.60 | 1.59 | 1.58 | 1.57 | 1.56 |
| SGD to EUR | 0.63 | 0.64 | 0.65 | 0.66 | 0.67 |
| AUD to SGD | 1.05 | 1.04 | 1.03 | 1.02 | 1.01 |
| SGD to AUD | 0.95 | 0.96 | 0.97 | 0.98 | 0.99 |
Tips on How to Get the Best Rates
Here are a few tips on how to get the best rates when exchanging currency in Ang Mo Kio Hub:
- Compare rates from multiple money changers. Don’t just go to the first money changer you see. Take the time to compare rates from multiple money changers to find the best deal.
- Exchange large amounts of currency. You’ll generally get a better rate if you’re exchanging a large amount of currency.
- Be prepared to negotiate. Don’t be afraid to negotiate with the money changer. If you’re exchanging a large amount of currency, you may be able to get a better rate.
- Use a credit card that offers rewards for currency exchange. Some credit cards offer rewards for currency exchange. If you have one of these cards, be sure to use it when exchanging currency to earn rewards.
Common Mistakes to Avoid
Here are a few common mistakes to avoid when exchanging currency in Ang Mo Kio Hub:
- Don’t exchange currency at the airport. The rates at the airport are typically worse than the rates at money changers in Ang Mo Kio Hub.
- Don’t exchange currency at your hotel. The rates at your hotel are also typically worse than the rates at money changers in Ang Mo Kio Hub.
- Don’t exchange currency with street vendors. Street vendors often offer very bad rates. It’s best to exchange currency at a reputable money changer.
- Don’t be afraid to ask questions. If you have any questions about currency exchange, don’t be afraid to ask the money changer. They’ll be happy to help you.
How to Exchange Currency in Ang Mo Kio Hub
Exchanging currency in Ang Mo Kio Hub is easy. Here’s a step-by-step guide:
- Find a money changer. There are a number of money changers in Ang Mo Kio Hub. You can find a list of the best money changers in the section above.
- Compare rates. Once you’ve found a few money changers, compare the rates they offer. You can do this online or by visiting the money changers in person.
- Choose a money changer. Once you’ve compared rates, choose the money changer that offers the best rate.
- Bring your ID. You’ll need to bring your ID when you exchange currency. This is a requirement of the Monetary Authority of Singapore.
- Fill out a form. The money changer will ask you to fill out a form. This form will ask for your personal information and the amount of currency you’re exchanging.
- Receive your money. Once you’ve filled out the form, the money changer will give you your money.
FAQs
1. What are the best money changers in Ang Mo Kio Hub?
The best money changers in Ang Mo Kio Hub are Changi Money Exchange, Maxmoney Exchange, Mustafa Exchange, Western Union, and Transfast.
2. What are the rates offered by Ang Mo Kio Hub money changers?
The rates offered by Ang Mo Kio Hub money changers vary depending on the currency you’re exchanging and the amount you’re exchanging. However, you can generally expect to get a better rate if you’re exchanging a large amount of currency.
3. How can I get the best rates when exchanging currency in Ang Mo Kio Hub?
You can get the best rates when exchanging currency in Ang Mo Kio Hub by comparing rates from multiple money changers, exchanging large amounts of currency, being prepared to negotiate, and using a credit card that offers rewards for currency exchange.
4. What are some common mistakes to avoid when exchanging currency in Ang Mo Kio Hub?
Some common mistakes to avoid when exchanging currency in Ang Mo Kio Hub include exchanging currency at the airport, exchanging currency at your hotel, exchanging currency with street vendors, and not being afraid to ask questions.
5. How do I exchange currency in Ang Mo Kio Hub?
To exchange currency in Ang Mo Kio Hub, simply follow these steps:
- Find a money changer.
- Compare rates.
- Choose a money changer.
- Bring your ID.
- Fill out a form.
- Receive your money.
6. What are some tips for exchanging currency in Ang Mo Kio Hub?
Here are a few tips for exchanging currency in Ang Mo Kio Hub:
- Bring your passport.
- Compare rates from multiple money changers.
- Exchange large amounts of currency.
- Be prepared to negotiate.
- Use a credit card that offers rewards for currency exchange.
- Ask for a receipt.
7. What are some of the benefits of exchanging currency in Ang Mo Kio Hub?
There are a number of benefits to exchanging currency in Ang Mo Kio Hub, including:
- Competitive rates
- Convenient locations
- Wide range of currencies
- Experienced staff
8. What are some of the risks of exchanging currency in Ang Mo Kio Hub?
There are a few risks to exchanging currency in Ang Mo Kio Hub, including:
- Counterfeit currency
- Unfair rates
- Hidden fees
- Unlicensed money changers
By following the tips in this article, you can minimize the risks of exchanging currency in Ang Mo Kio Hub.
Conclusion
Exchanging currency in Ang Mo Kio Hub is easy and convenient. By following the tips in this article, you can get the best rates and avoid the common mistakes.
So, next time you need to exchange currency, head to Ang Mo Kio Hub!
