(C): Twitter
Money is more than just financial stability. Every day, thousands of people living in Singapore including students, visitors and many business owners keep an eye on everyday currency exchange rates. If you are visiting Singapore or sending money home, paying your child university fees, or making a budget for travel, these exchange rates will tell you how much money you can spend.
Imagine yourself being an Indian student living in Singapore and paying SGD around 10,000 as tuition fees. At today’s rate, that equals about ₹686,300. And that’s a lot for a family. Also a family from Dubai visiting Singapore for vacation would find that AED 1,000 is worth around SGD 351.
Exchange rates never stay at one place; they keep moving daily because of its demand with global trade and central bank policies. That’s why timing matters: every small change can affect your lifestyle, shopping, travel and even online payments.
When it comes to money exchange, Singapore makes it a little easier. You can directly exchange your money. Always remember that keeping an eye on money is a real game changer because even banks add their service charges and offer slightly different buy/sell rates. So always use mid-market data only as a guide and always compare before you exchange your currency.
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