We Buy Singapore Dollars at the Best Exchange Rate in Australia
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Best Place to Sell SGD in Australia
Just returned to Melbourne from Singapore and still holding Singapore Dollars (SGD)? Not sure where to get the best exchange rate without paying service fees? You’re in the right place.
Danesh Exchange is your trusted one‑stop destination for converting Singapore Dollars (SGD) to Australian Dollars (AUD). We offer some of the best SGD rates in Melbourne and charge $0 commission with no hidden fees.
Whether you’re selling SGD or buying it for your next trip, our rates are transparent, competitive, and designed to give you more value. Students and pensioners also enjoy exclusive discounted rates, helping you save even more.
How to Sell Your Singapore Dollar
Selling Singapore Dollars (SGD) in Australia is quick, safe, and straightforward with Danesh Exchange. Follow these simple steps to get the best value for your currency.
Get a quote:
Call Danesh Exchange to check the latest SGD to AUD exchange rate. Our team provides accurate, up‑to‑date pricing with no hidden surprises.
Visit our store:
Head to the Danesh Exchange location. Bring your Singapore Dollars and a valid photo ID for verification.
Exchange over the counter:
Our staff will confirm the rate, inspect and verify your notes, and process the exchange securely and efficiently.
Receive your money:
Walk out with your Australian dollars (AUD) instantly. Fast service, transparent rates, and absolutely no hidden fees.
Smart Tips for Exchanging Singapore Dollars
Compare exchange rates before selling SGD
Always check rates from multiple exchangers or banks to find the best SGD to AUD (or other currency) rate. Even a small difference can make a noticeable impact, especially with larger amounts.
Avoid airport and hotel exchange desks
These locations usually offer weaker SGD rates and higher margins. Planning ahead helps you avoid losing value at last-minute counters.
Choose providers with no hidden fees
Look for clear, upfront pricing. A good SGD rate isn’t helpful if service charges or commissions reduce what you actually receive.
Sell during favorable market movements
SGD exchange rates can fluctuate due to market and regional factors. If you’re not in a hurry, keep an eye on trends and exchange when conditions are more favorable.
Use trusted, well-reviewed money exchangers
Stick to licensed and reputable providers. Strong reviews and a solid track record help ensure accurate counting, fair rates, and a safe transaction.
Limits & Restrictions
Minimum Amounts
There is no minimum amount when selling Singapore Dollars (SGD). Whether you have a few notes or a larger sum, we’re happy to exchange it.
Maximum Amounts
We can handle large SGD transactions. For higher-value exchanges, we may request valid ID, conduct a brief source-of-funds check, or ask for a short wait while your payout is prepared. This is standard practice for licensed and regulated money exchangers in Australia.
Selling SGD Worth $10,000 AUD or More
If your SGD exchange is $10,000 AUD equivalent or above, please bring valid identification and allow extra time for compliance checks.
To ensure smooth processing:
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Call ahead to confirm cash availability
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For larger payouts, bank transfer or PayID is often the fastest and safest option
Where to Sell Singapore Dollars in Australia
Selling Singapore Dollars (SGD) in Australia is quick, safe, and straightforward with Danesh Exchange. Follow these simple steps to get the best value for your currency.
If you’re wondering where to sell SGD in Australia, you generally have three main options:
Banks
Some banks may accept Singapore Dollars, but they are rarely the most cost-effective option. Buy-back rates are often low, processing can be slow, and additional service or handling fees may apply. While banks feel familiar, they usually do not offer competitive SGD-to-AUD rates, especially for cash exchanges.
Specialist Currency Exchange Providers
Specialist exchangers like Danesh Exchange are often the best choice for selling SGD. They offer:
- Competitive SGD exchange rates
- No hidden fees
- Fast, friendly service
- Reliable availability for both small and large amounts
Whether you’re selling a small bundle of notes or a higher-value amount, Danesh Exchange makes it simple to sell SGD in Australia at a fair price.
Airport Kiosks
Airport exchange counters may accept foreign currency, but SGD is often excluded or exchanged at extremely poor rates. Even when accepted, airport kiosks typically apply very high margins, meaning you receive far less AUD than you would at a specialist exchanger. While convenient, airports are not recommended for selling Singapore Dollars.
What Singapore Dollar Notes We Accept
The Singapore Dollar (SGD) is the official currency of Singapore and is used for all everyday transactions across the country.
While SGD is primarily used within Singapore, it is also commonly exchanged by travellers, expatriates, and businesses dealing internationally. Outside Singapore, SGD is typically exchanged through specialist currency exchangers rather than banks.
Locally, the currency is often simply referred to as the “dollar” or “SGD”. Cash remains a dominant payment method in many areas.
SGD Banknote Denominations
Singapore Dollar banknotes currently in circulation include: 2, 5, 10, 50, 100, 1,000, 10,000 SGD
These are the standard notes used in circulation. Keeping your SGD notes sorted by denomination helps ensure faster counting and smoother transactions, especially when exchanging larger amounts or visiting busy exchange counters.
Old and damaged banknotes
We only accept Singapore Dollar banknotes that are currently in circulation. Notes that are too old, heavily damaged, or discontinued may not be accepted. Our team will assess them on the spot and guide you on the best next steps.
Buy SGD online with no fees or hidden charges and enjoy some of the best exchange rates in Australia.
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Collect from 3,000+ Australia Post locations
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Or have it delivered straight to your door
Fast, secure, and hassle-free — perfect for travel, business, or personal use.
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