DBS Bank - SGD Rate Margin Analysis
The average SGD rate margin offered by DBS Bank is 3.8%.
This average is based on individual SGD 10K transfer rates in the currency pairs from DBS Bank that we monitor.
DBS Bank - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by DBS Bank for Singapore dollar (SGD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
DBS Bank Best Value Rates (Lowest Margins)
| Currency Pair |
DBS Bank Rate |
Mid Market Rate |
Margin |
|
SGD/CNY
|
5.4975 |
5.4999 |
0.0% |
|
SGD/BND
|
1.0000 |
0.9985 |
-0.2% |
|
SGD/XAU
|
0.0001 |
0.0001 |
-0.4% |
|
SGD/OMR
|
0.3024 |
0.3044 |
0.7% |
|
SGD/USD
|
0.7849 |
0.7917 |
0.9% |
DBS Bank Worst Value Rates (Highest Margins)
| Currency Pair |
DBS Bank Rate |
Mid Market Rate |
Margin |
|
SGD/MMK
|
3,105.59 |
1,662.41 |
-86.8% |
|
SGD/TND
|
2.1617 |
2.2629 |
4.5% |
|
SGD/KWD
|
0.2343 |
0.2427 |
3.5% |
|
SGD/VND
|
20,000.00 |
20,634.96 |
3.1% |
|
SGD/PLN
|
2.7174 |
2.7837 |
2.4% |
What is the
best Send Money conversion rate for SGD to XAU?
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 Gold (XAU) rates from different sources before making a conversion.
The above
DBS Bank - Singapore dollar to Gold comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
DBS Bank and other foreign exchange providers against the latest SGD-XAU mid-rate and the possible savings of using various providers.