What is the best Send Money conversion rate for SGD to PKR?
The best SGD to PKR exchange rate is 219.44 from Wise. This is -0.6% compared to the mid-market rate 220.77.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Singapore dollar (SGD) to Pakistani rupee (PKR) rates from different sources before making a conversion.
How do SGD-PKR rates compare between providers?
Looking at our comparison table the best SGD to PKR exchange rate is 219.44 from Wise, -0.6% from the mid-market rate 220.77. The next best rate is 218.56 from WorldRemit, -1% from the mid-rate. Then OFX with 212.6502 is -3.7% from the mid-rate.
Among the banks, the CIMB Bank rate is 208.46 at -5.6%, the OCBC Bank rate is 214.81 at -2.7%, and the Maybank rate is 213.04 at -3.5% compared to the mid-rate 220.77.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
The Singapore dollar to Pakistani rupee comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest SGD-PKR mid-rate (see Market Data below ) and the possible savings of using various providers.