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    Compare DBS Bank Exchange Rates

    Exchange Rates aren't all the same! It's hard to predict the currency markets, but you can always save money by comparing DBS Bank exchange rates and fees to those charged by market leading FX providers.

    DBS Money Transfer

    DBS Bank is a Singapore-based multinational bank and is particularly popular in Singapore and the wider Southeast Asia region. The bank has a strong presence in countries such as Indonesia, Hong Kong, Taiwan, and China, where it offers a range of banking and financial services to individuals and businesses. DBS Bank has also expanded its presence in India and other parts of South Asia in recent years.

    In addition to its core markets in Asia, DBS Bank has a growing presence in other regions, including the Middle East, Europe, and the Americas. The bank has established itself as a leading player in the digital banking space, with a focus on delivering innovative and user-friendly banking services to customers across multiple geographies.

    DBS Bank offers international money transfer services that allow customers to send and receive funds from abroad. Customers can initiate a money transfer online or in person at a branch. DBS Bank provides fast and secure international money transfer services with competitive exchange rates and low transfer fees. The bank offers two main types of international money transfer services:

    1. DBS Remit: DBS Remit is an online money transfer service that allows customers to send money from their DBS or POSB account to another bank account overseas. The service is available in 26 currencies and allows for same-day or next-day transfers. DBS Remit also offers preferential exchange rates for selected currencies.

    2. Telegraphic transfers (TT): TT is a traditional method of sending money overseas that involves transferring funds from one bank to another via a secure telegraphic transfer. TT is available in a range of currencies and allows for both incoming and outgoing transfers.

    DBS does not publish their exchange rates publicly which is frustrating. Our BER International Money Transfer partners tend to offer guaranteed transparency on all conversions.

    Our research shows that on average, DBS profit margin for foreign exchange rates is somewhere between 3 - 7%, depending on the amount you're sending, where you're sending it to and which currency will be received.

    When you get a quote for your Global Money Transfer from DBS on their website or in-app, you can also see the DBS exchange rate, but it can be difficult to then calculate how much you are being charged.

    While all banks charge this mark-up, the extra amount being charged is much higher than it would be with a global money transfer specialist.

    You Can Save Money when you Compare DBS Bank Exchange Rate Margins & Fees

    The below comparison table makes it easy to calculate the Total Cost you are being charged on your currency transaction by DBS Bank versus the market mid-rate. It is easy to calculate any savings available from popular market-leading FX providers.

     

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    Learn more about DBS Remit

    DBS Bank has received numerous awards and accolades over the years for its banking and financial services, including being named "World's Best Bank" by Euromoney and "Asia's Best Bank" by The Banker. The bank is recognized for its commitment to innovation, sustainability, and social responsibility, as well as its focus on providing a seamless and personalized customer experience.

    DBS Remit is an online money transfer service offered by DBS Bank that allows customers to send money from their DBS or POSB account to another bank account overseas. The service is available in multiple currencies and allows for same-day or next-day transfers, making it a convenient and fast option for sending money internationally.

    DBS Remit offers competitive exchange rates and low fees, making it an affordable option for sending money overseas. Customers can also benefit from preferential exchange rates for selected currencies, which can help them save money on their international money transfers.

    DBS Remit is available in a range of countries and regions, including Southeast Asia, China, Hong Kong, Taiwan, India, Australia, New Zealand, Europe, the United Kingdom, and the United States. The service allows customers to send money to over 40 countries and regions worldwide, including the Philippines, Indonesia, Malaysia, Thailand, Vietnam, China, Hong Kong, Taiwan, India, the United States, and the United Kingdom.

    To use DBS Remit, customers need to have a DBS or POSB account and access to DBS's online banking platform or mobile app. Customers can initiate the transfer online and track the status of their transfer through the platform. DBS Bank also provides customer support to assist customers with any questions or concerns related to their DBS Remit transactions.

    Overall, DBS Remit is a reliable and convenient option for sending money internationally, with competitive exchange rates and low fees. As it operates in multiple countries and regions, it provides a flexible and accessible solution for customers looking to send money overseas.

     

    Is the US dollar expected to go up or down?

    This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the US dollar current value is to look the USD performance against a range of other currencies over various time periods.

    The following table looks at the performance of the USD exchange rate against other currencies over time periods from the previous 2 days back to the last 5 years.


    BER partners are among the best & most trusted FX brands

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    Popular Rates (A - Z)


    United Arab Emirates dirham to Indian rupee

    AED to INR at 22.48 is just above its 3-month average, having traded in a stable 1.5% range from 22.24 to 22.58
    AED to INR
    22.48
    60-DAYHIGH4d

    Australian dollar to Chinese yuan

    AUD to CNY is at 14-day lows near 4.6048, just below its 3-month average, having traded in a very stable 3.4% range from 4.5458 to 4.6990
    AUD to CNY
    4.6052
    14-DAYLOW1d
    4-DAY-1.6%1d

    Australian dollar to Euro

    AUD to EUR at 0.6074 is 1.3% below its 3-month average of 0.6153, having traded in a relatively stable 7.4% range from 0.5943 to 0.6385
    AUD to EUR
    0.6074
    14-DAYLOW2d
    1-DAY-1.1%2d

    Australian dollar to Pound Sterling

    AUD to GBP is at 14-day lows near 0.5279, 2.5% below its 3-month average of 0.5412, having traded in a relatively stable 7.1% range from 0.5261 to 0.5634
    AUD to GBP
    0.5280
    14-DAYLOW1d
    1-DAY-0.8%2d

    Australian dollar to Japanese yen

    AUD to JPY at 91.68 is 2.0% above its 3-month average of 89.92, having traded in a relatively stable 6.3% range from 86.70 to 92.16
    AUD to JPY
    91.69
    60-DAYHIGH5d
    1-DAY-0.8%2d

    Australian dollar to New Zealand dollar

    AUD to NZD is at 14-day highs near 1.0781, just above its 3-month average, having traded in a very stable 3.4% range from 1.0573 to 1.0935
    AUD to NZD
    1.0782
    14-DAYHIGH1d
    4-DAY+1.9%1d

    Australian dollar to Thai baht

    AUD to THB at 22.63 is 1.1% below its 3-month average of 22.88, having traded in a quite stable 5.4% range from 22.47 to 23.69
    AUD to THB
    22.63
    14-DAYHIGH4d
    1-DAY-1.2%2d

    Australian dollar to US dollar

    AUD to USD at 0.6518 is 2.4% below its 3-month average of 0.6675, having traded in a quite stable 4.2% range from 0.6507 to 0.6783
    AUD to USD
    0.6519
    90-DAYLOW1d
    4-DAY-2.0%1d

    Canadian dollar to Australian dollar

    CAD to AUD is at 90-day highs near 1.1270, 2.2% above its 3-month average of 1.1031, having traded in a quite stable 4.8% range from 1.0750 to 1.1270
    CAD to AUD
    1.1268
    90-DAYHIGH1d

    Canadian dollar to Japanese yen

    CAD to JPY is at 90-day highs near 103.3, 4.1% above its 3-month average of 99.19, having traded in a fairly volatile 9.1% range from 94.72 to 103.3
    CAD to JPY
    103.31
    90-DAYHIGH1d
    1-DAY+0.8%1d

    Euro to Canadian dollar

    EUR to CAD at 1.4609 is just 0.9% below its 3-month average of 1.4736, having traded in a quite stable 5.8% range from 1.4359 to 1.5198
    EUR to CAD
    1.4611
    60-DAYLOW4d

    Euro to Pound Sterling

    EUR to GBP at 0.8692 is 1.2% below its 3-month average of 0.8795, having traded in a very stable 3.0% range from 0.8676 to 0.8937
    EUR to GBP
    0.8692
    90-DAYLOW2d

    Euro to Japanese yen

    EUR to JPY is at 14-day highs near 150.9, 3.2% above its 3-month average of 146.2, having traded in a relatively stable 7.9% range from 140.6 to 151.7
    EUR to JPY
    150.94
    14-DAYHIGH1d

    Euro to US dollar

    EUR to USD is at 60-day lows near 1.0729, 1.1% below its 3-month average of 1.085, having traded in a relatively stable 6.3% range from 1.0545 to 1.1211
    EUR to USD
    1.0731
    60-DAYLOW1d

    Pound Sterling to US dollar

    GBP to USD at 1.2346 is near its 3-month average, having traded in a relatively stable 6.9% range from 1.1826 to 1.2639
    GBP to USD
    1.2346
    30-DAYLOW2d
    1-DAY-0.8%2d

    Pound Sterling to US dollar

    GBP to USD at 1.2346 is near its 3-month average, having traded in a relatively stable 6.9% range from 1.1826 to 1.2639
    GBP to USD
    1.2346
    30-DAYLOW2d
    1-DAY-0.8%2d

    Hong Kong dollar to Japanese yen

    HKD to JPY is at 90-day highs near 17.96, 4.6% above its 3-month average of 17.17, having traded in a relatively stable 7.9% range from 16.64 to 17.96
    HKD to JPY
    17.96
    90-DAYHIGH1d
    4-DAY+1.6%1d

    New Zealand dollar to Australian dollar

    NZD to AUD is at 14-day lows near 0.9276, just below its 3-month average, having traded in a very stable 3.4% range from 0.9145 to 0.9458
    NZD to AUD
    0.9275
    14-DAYLOW1d
    4-DAY-1.9%1d

    New Zealand dollar to Canadian dollar

    NZD to CAD is at 90-day lows near 0.8231, 2.4% below its 3-month average of 0.8437, having traded in a quite stable 4.9% range from 0.8231 to 0.8638
    NZD to CAD
    0.8232
    90-DAYLOW1d
    4-DAY-3.0%1d

    New Zealand dollar to Swiss franc

    NZD to CHF is at 14-day lows near 0.5472, 3.1% below its 3-month average of 0.5646, having traded in a relatively stable 7.9% range from 0.5450 to 0.5880
    NZD to CHF
    0.5480
    14-DAYLOW1d
    7-DAY-3.1%1d

    New Zealand dollar to Euro

    NZD to EUR is at 14-day lows near 0.5634, 1.6% below its 3-month average of 0.5726, having traded in a relatively stable 6.2% range from 0.5533 to 0.5875
    NZD to EUR
    0.5634
    14-DAYLOW1d
    4-DAY-3.1%1d

    New Zealand dollar to Pound Sterling

    NZD to GBP is at 90-day lows near 0.4897, 2.8% below its 3-month average of 0.5036, having traded in a relatively stable 6.3% range from 0.4897 to 0.5205
    NZD to GBP
    0.4897
    90-DAYLOW1d
    4-DAY-3.1%1d

    New Zealand dollar to US dollar

    NZD to USD is at 90-day lows near 0.6046, 2.7% below its 3-month average of 0.6212, having traded in a quite stable 5.3% range from 0.6046 to 0.6366
    NZD to USD
    0.6046
    90-DAYLOW1d
    4-DAY-3.8%1d

    US dollar to Brazilian real

    USD to BRL at 4.9942 is 1.6% below its 3-month average of 5.0752, having traded in a fairly volatile 8.4% range from 4.8896 to 5.2985
    USD to BRL
    4.9942
    14-DAYHIGH1d
    1-DAY-0.8%1d

    US dollar to Canadian dollar

    USD to CAD at 1.3613 is just above its 3-month average, having traded in a very stable 3.9% range from 1.3340 to 1.3860
    USD to CAD
    1.3615
    1-DAY+1.0%2d

    US dollar to Swiss franc

    USD to CHF at 0.9051 is just below its 3-month average, having traded in a relatively stable 6.6% range from 0.8840 to 0.9422
    USD to CHF
    0.9064
    30-DAYHIGH1d

    US dollar to Chinese yuan

    USD to CNY at 7.0647 is 2.1% above its 3-month average of 6.9188, having traded in a very stable 3.8% range from 6.8199 to 7.0789
    USD to CNY
    7.0647
    90-DAYHIGH2d

    US dollar to Danish krone

    USD to DKK is at 60-day highs near 6.9439, just 1.0% above its 3-month average of 6.8765, having traded in a quite stable 4.8% range from 6.7347 to 7.0589
    USD to DKK
    6.9437
    60-DAYHIGH1d

    US dollar to Hong Kong dollar

    USD to HKD at 7.8320 is near its 3-month average, having traded in a stable 0.5% range from 7.8163 to 7.8518
    USD to HKD
    7.8320
     no alerts

    US dollar to Japanese yen

    USD to JPY is at 90-day highs near 140.7, 4.5% above its 3-month average of 134.7, having traded in a relatively stable 7.7% range from 130.6 to 140.7
    USD to JPY
    140.66
    90-DAYHIGH1d
    4-DAY+1.5%1d

    US dollar to Mexican peso

    USD to MXN at 17.63 is 2.5% below its 3-month average of 18.09, having traded in a fairly volatile 8.8% range from 17.44 to 18.97
    USD to MXN
    17.63
    14-DAYHIGH4d
    1-DAY-1.2%1d

    US dollar to Malaysian ringgit

    USD to MYR at 4.6010 is 3.0% above its 3-month average of 4.4659, having traded in a quite stable 5.2% range from 4.3985 to 4.6255
    USD to MYR
    4.6010
    90-DAYHIGH2d
    4-DAY+1.5%2d

    US dollar to Philippine peso

    USD to PHP at 55.89 is 1.2% above its 3-month average of 55.22, having traded in a quite stable 4.1% range from 54.09 to 56.31
    USD to PHP
    55.89
    30-DAYHIGH2d

    US dollar to Singapore dollar

    USD to SGD at 1.3502 is just 0.9% above its 3-month average of 1.3376, having traded in a very stable 2.4% range from 1.3223 to 1.3542
    USD to SGD
    1.3502
    90-DAYHIGH2d

    US dollar to Turkish lira

    USD to TRY is at 90-day highs near 19.97, 3.4% above its 3-month average of 19.31, having traded in a relatively stable 6.1% range from 18.82 to 19.97
    USD to TRY
    19.97
    90-DAYHIGH1d
    1-DAY+0.9%2d

    US dollar to South African rand

    USD to ZAR at 19.66 is 6.4% above its 3-month average of 18.48, having traded in a quite volatile 11.4% range from 17.79 to 19.82
    USD to ZAR
    19.66
    90-DAYHIGH2d
    1-DAY-0.8%1d