Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
    eg: USDCAD, GBP/EUR, AUD to USD, 500 Pound to Yen, 15K Dollar Peso, Send Japan

    Compare Monetary Authority of Singapore Exchange Rates

    Exchange Rates aren't all the same! Its hard to predict the currency markets but you can always save money by comparing Monetary Authority of Singapore margins and fees to those charged by your bank or FX provider.

    Monetary Authority of Singapore

    The Monetary Authority of Singapore (MAS) is the central bank of Singapore. The role of central banks is to preserve the value of money by keeping inflation low and stable. They do this by controlling the interest rate at which banks can borrow.

    Interest rates, inflation, and exchange rates are all intrinsically linked. When the MAS manipulates interest rates this impacts both the inflation in Singapore and also the relative value of the Singapore dollar compared to other currencies.

    The MAS typically announces policy decisions twice a year, around the middle of April and October.

    Singapore’s currency is of special importance to the MAS. Unlike other central banks which tighten or ease monetary policy by adjusting a national interest rate, the MAS achieves the same end via management of Singapore dollar exchange rates – an unconventional method which has served the country well since its introduction in 1981.

    Thus the value of the Singapore dollar is managed carefully is not actually truly free-floating. Its value is managed against a basket of currencies from the country’s major trading partners and the trade-weighted Singapore dollar exchange rate is restricted by the central bank to moves within a specified range, the boundaries of which are announced every six months, around the middle of April and October.

    Read our guide to the Relationship between Interest Rates and Currencies.

    Exchange rates published by Central Banks such as the Monetary Authority of Singapore are the latest interbank mid-market exchange rates, here are some of the most popular SGD exchange rates:

    Singapore dollar to US dollar

    SGD to USD at 0.7259 is just 0.6% above its 90-day average 0.7213 with range 0.7107-0.7316.
    SGD to USD
    Singapore dollar to Australian dollar

    SGD to AUD at 1.0412 is just 0.6% above its 90-day average 1.0353 with range 1.0042-1.0567.
    SGD to AUD
    Singapore dollar to Malaysian ringgit

    SGD to MYR at 3.2353 is 1.5% above its 90-day average 3.1862 with range 3.1439-3.2393.
    SGD to MYR
    Singapore dollar to Indian rupee

    SGD to INR at 57.69 is 1.8% above its 90-day average 56.68 with range 55.44-57.74.
    SGD to INR
    Singapore dollar to Thai baht

    SGD to THB at 25.82 is 1.2% above its 90-day average 25.51 with range 24.85-26.51.
    SGD to THB
    Singapore dollar to South Korean won

    SGD to KRW at 951.3 is 2.4% above its 90-day average 929.3 with range 904.5-951.3.
    SGD to KRW
    Singapore dollar to Philippine peso

    SGD to PHP at 40.39 is 3.1% above its 90-day average 39.19 with range 37.52-40.61.
    SGD to PHP

    You Can Save Money when you Compare Monetary Authority of Singapore Exchange Rate Margins & Fees

    The below comparison table makes it easy to calculate the Total Cost you are being charged on your currency transaction versus Monetary Authority of Singapore market mid-rates. It is easy to calculate any savings available from popular market-leading FX providers.


    Loading rates...


    BER partners are the best & most trusted FX brands

    See more providers

    We also compare popular bank exchange rates

    See more banks