City Money Changers (CMC)

#01-17 · The Arcade /Raffles Place
All opening hours
Monday
9:30am–6:30pm
Tuesday
9:30am–6:30pm
Wednesday
9:30am–6:30pm
Thursday
9:30am–6:30pm
Friday
9:30am–6:30pm
Saturday
9:30am–2pm
Sunday
Closed
Steps from Raffles Place MRT 1 of 40 counters at The Arcade Wheelchair access
Locals rate it best around
11 Collyer Quay, #01-17, Singapore 049317 · Directions →

What customers say

Locals rate it best around6 mentions

Reviewers repeatedly call this the best rate in the area.

Usually has the best rates in the area (have done THB, MYR, PHP, VND, IDR, AED, and many more).

Customers consistently rate this counter well on rates and service. Recent visits are in line with its lifetime score, averaging 4.1★.

Exchange rates 82% positive
38 customers mentioned it
Staff & service 92% positive
26 customers mentioned it
Accuracy & trust 70% positive
10 customers mentioned it
Queues & speed
3 customers mentioned it
Currencies customers change here
2/22rated counters in Raffles Place
4.4vs 3.8 local median
2/18inside The Arcade

That puts it above the typical counter in Raffles Place. The best-rated nearby is Arcade Money Changers (AMC sg) (★ 4.3, 186 reviews) — worth a look if you are comparing.

The rating, in shape

4.4
★★★★☆
75 Google reviews
5★ 62
4★ 1
3★ 2
2★ 1
1★ 9
Getting in
Wheelchair-accessible car parkWheelchair-accessible entrance

What customers report

Public Google reviews, unedited — including the critical ones.

★★★★★

I went today, January 28th, to exchange money. I visited all the money exchangers in the area (many were already closed due to Chinese New Year), and they had the best rate. Super fast service, and they don’t charge any fees (unlike some…

Monserrat · Local Guide · 6 months ago
★★★★

worse rates of the two with undisclosed hidden markups for small amounts. unethical business, avoid

Aaron · Local Guide · 11 months ago

Details

Address
11 Collyer Quay, #01-17, Singapore 049317
MAS licence
No automatic match — shopfront names often differ from the registered entity, so this does not mean unlicensed. Search the register →
Currencies
IDR

Listing details from the business's Google profile (August 2025); licence status from the MAS register, August 2026. Report a change · how we build this

Questions

What are City Money Changers (CMC)'s opening hours?

Mon–Fri 9:30am–6:30pm · Sat 9:30am–2pm · Sun Closed. The status shown at the top of this page is calculated live in Singapore time, so it reflects whether the counter is open right now. Hours can still change on public holidays — worth calling before a special trip.

Is City Money Changers (CMC) the best money changer in Raffles Place?

On Google ratings it currently sits 2 of 22 reviewed counters in Raffles Place, above the local median of 3.8★. Within The Arcade alone it ranks 2 of 18. The best-rated nearby alternative is Arcade Money Changers (AMC sg) (★ 4.3 from 186 reviews). Ratings measure service and honesty, not today's rate — for the rate itself, compare boards.

Which currencies can I change at City Money Changers (CMC)?

Reviewers most often mention changing Indonesian Rupiah here. That reflects what customers report rather than a stock guarantee — for an unusual currency, call ahead, since counters carry what their regulars need.

What do customers complain about at City Money Changers (CMC)?

Of the topics customers raise, accuracy & trust draws the most mixed response — 30% of its 10 mentions come from reviews of 3★ or below. The strongest area is staff & service, where 92% of 26 mentions are positive. As anywhere, count your money at the counter before you leave.

Is City Money Changers (CMC) a licensed money changer?

We could not automatically match this listing to a MAS register entry. That does not mean it is unlicensed — shopfront names often differ from the registered entity name. Search the register; licensed changers also display their licence in-store.