It’s hard to believe but it is true. Some money changers are offering a cash rate of upto 49.80 for 1 sgd in arcade building (raffles place).
The current spot is around 48.40 which means if you go to these few money changers you gain around 2.5% over spot.
How they are able to do this is beyond my comprehension but it’s true. I changed some money, checked on notes and everything is legit (atleast to my eyes)
So if you are looking to change some money for upcoming travels to India then do grab this opportunity.