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Anonymous

18 Jul 2023

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Saving Hacks

Where to exchange Turkish Lira $ in Singapore?

I can't seem to find in many malls, is it available at raffles place area?

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Ya difficult to find. Only 1 shop have. better to use card such as YouTrip or Trust

TallRock Capital

19 Jul 2023

Financial Planner for Locals & Expats at TallRock Capital

It might be a bit challenging to find physical currency exchange services specifically for Turkish Lira (TRY) due to its relatively lower demand compared to major currencies. However, there are still a few options you can explore:

  1. Money Changers in Raffles Place Area: Raffles Place is a financial district in Singapore with numerous money changers. While Turkish Lira might not be widely available, you can try visiting some of the established money changers in the area, such as Arcade Plaza, Change Alley, or the basement level of Raffles Place MRT station. They may be able to assist you with exchanging Turkish Lira, although it's advisable to call them beforehand to check their availability.
  2. Banks: Some major banks in Singapore may offer currency exchange services for Turkish Lira. It's recommended to contact the banks directly or visit their branches to inquire about their availability and exchange rates. Banks like DBS, UOB, and OCBC are worth considering.
  3. Online Currency Exchanges: If you are unable to find physical currency exchange services for Turkish Lira in Singapore, you can explore online currency exchange platforms. These platforms allow you to convert your money online and have it delivered to your desired location or deposited into your bank account. Some popular online currency exchange platforms include TransferWise, Revolut, and CurrencyFair.
  4. Airport Currency Exchanges: If you're unable to find Turkish Lira in the city, you can consider checking the currency exchange counters at Changi Airport. However, note that the rates at airport exchanges may not be as favorable as those in the city, so it's advisable to compare rates and fees before making a decision.

Remember to compare exchange rates and fees across different providers to ensure you get the best deal possible. It's also a good idea to call or check the websites of these providers in advance to confirm their availability and the currencies they offer. Hope that helps. :)

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