Are you planning to change a larger amount of money from SGD to another currency (or back)? It may be actually more worth it if you take on the role as a money changer instead.

This article serves as a good strategy when you are changing a sum usually in the range of 2-3k SGD and beyond to be worthwhile. If you are changing just 200 to 300 dollars, it easier to just head down to the money changer or if you are buying online, consider using RateX, another local startup. After reading this, you can actually become your own money changer and officially change for your friends and family members and charge them market rate.

A big difference between Google vs Money Changer vs Banks

Banks and Money Changers tend to have a large spread (the differences buying and selling price of a currency). It is illustrated here in …