Best places to buy Euros in Singapore in 2024

Providers	Ways to buy Euros	Best features	Go to site
Wise card	Order your Wise card for 8.5 SGD*, have it delivered to your door in just 3 business days. Enjoy mid-market rates and low transparent fees for spending in 150+ countries worldwide	Mid-market exchange rate Low and transparent fees Some free ATM use monthly	Go to site
Travelex	50+ currencies stocked at convenient desks at Changi airport, so you can buy travel money as you begin your journey	Buy in arrivals, departures and in the transit area Great range of currencies available Trusted provider with a global network	Go to site
Thin Margin	Buy currencies online for home delivery - most areas of Singapore are supported	Save time with no need to visit a physical money changer 20+ currencies available  Convenient service which is MAS regulated	Go to site

We do not compare all available providers in the market. Our results are sorted by default based on the amount of currencies supported by the providers listed on the table. We may receive a referral fee if you choose one of these providers, but that won’t affect the ranking of the provider, the exchange rates or any fees you are charged.

*Please see Terms of Use for your region or visit Wise fees & pricing for most up to date information.

You can order a travel money card like Wise or Revolut in Singapore, add money in SGD and use your balance to purchase Euros within your multi-currency account.

You’ll then be free to spend your Euros when you have enough balance with no extra fees once you arrive at your destination - you can also make ATM withdrawals whenever you need some cash. If you have travel money left after your vacation you can convert back to SGD instantly for use at home - or just leave your balance ready for your next trip.

• Secure, cheap, and easy to use
• Exchange instantly or let your card do it when you pay
• Use a digital card even before your physical card arrives

Travel money cards like the Wise card and Revolut card offer great rates, cheap fees, and flexibility to manage your money with your phone.

Another option is to buy your Euros in person at an exchange office. To do this all you’ll need to do is pick the exchange office that’s most convenient to you, and head in with some cash in Singapore Dollars. Some exchange offices also accept card payments. Currency exchange offices set their own exchange rates and fees, so shopping around is essential - but this method does have the advantage that it’s usually instant to get the travel money you need.

• Exchange rates are likely to include a markup - a fee
• Not all currencies are stocked by all exchange services
• You may lose out when you sell back unused travel money

There’s no single best provider when it comes to exchange rates. Different services set their own rates which may vary based on the currency, the amount you want to exchange, how you want to pay, and whether you’re exchanging money in a digital account or for physical cash.

To compare your options it helps to understand a bit about the mid-market exchange rate. That’s the rate you’ll see for SGD to EUR exchange if you use an online currency converter tool or a Google search. The mid-market rate is commonly used as a benchmark as it’s the one quoted on wholesale markets. However, banks and exchange services don’t usually pass this rate on directly. Instead they add an extra fee to the rate offered to retail customers - known as a markup.

This means that looking for a service which has transparent exchange rates which are the same as - or close to - the mid-market exchange rates is a good idea. You can compare a few live exchange rates for popular providers using the Exiap tools, to find the best Euro exchange rate based on the specific transaction you want to make.

Here’s what to do to find the best SGD to EUR exchange rate:

1. Check the comparison table to find a method suitable for your foreign currency needs
2. Review the options available, looking at the exchange rates in particular
3. Decide between getting a travel card, ordering online, or in person
4. Choose a provider based on the available options and deals

Your budget for a trip to Europe can vary enormously depending on what you’re planning to do, where you’ll stay and how long you’re going to be there. It’s worth setting yourself a budget in Euros well in advance so you can plan around that. The most expensive costs of any trip are usually accommodation and activities, but do remember to also take into account costs of currency exchange, food and transport, as well as incidentals like tipping.

Average hotel costs in Europe do vary a lot but can start from around S$183. On top of that you’ll need to budget for food, at around S$47 per meal. If you’re looking for an easy life you could also choose to take an organized tour which means there’s no need to plan all your activities individually. Or, set your budget to cover about S$30 per day to make sure you can get the most from your trip.

Country costs provided by BudgetYourTrip. Correct as of 25 April 2024.

There’s no single best time to buy Euros. Exchange rates change all the time, so keeping an eye on rates using a reputable currency converter tool or a site like ours can help you get a feel for the trends.

The exchange rate today is 0.707623. Over the last week, the average exchange rate has been 0.70645.

Ultimately the best time to buy Euros depends on a huge range of factors, including changes in the global markets, which can be difficult, or impossible, to predict. If you buy a currency when the rate is on a downward trend it may make sense to see if it falls further before you buy. If rates are going up you might want to buy now before any potential future increases.

Nothing is certain, though. With a travel money card you have the flexibility to either lock in an exchange rate when you spot a good one, or just leave your money in Singapore Dollars and switch over to Euros using the live rate when you pay or withdraw. This gives you options and while there’s no guarantee you can save, it could give you the best of both worlds, depending on how you think rates are trending.