What is the
Bank of Queensland Send Money conversion rate for AUD to SGD?
The Bank of Queensland AUD to SGD exchange rate is 0.8191. This is -2.1% compared to the latest AUD-SGD mid-market rate 0.8366.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Australian dollar (AUD) to Singapore dollar (SGD) rates from different sources before making a conversion.
The above
Bank of Queensland - Aussie to Singapore dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Bank of Queensland and other foreign exchange providers against the latest AUD-SGD mid-rate and the possible savings of using various providers.
How do Bank of Queensland AUD-SGD rates compare between providers?
Looking at the full
AUD to SGD - Send Money comparison table the provider with the best AUD to SGD exchange rate is OFX at 0.8324, -0.5% from the latest mid-market rate 0.8366.
The next best is XE at 0.8316, -0.6% from the mid-rate.
Then Wise at 0.8312, which is -0.65% from the mid-rate.
The Western Union rate is 0.8283 which is -0.99% from the mid-rate.
Among the banks the Commonwealth Bank rate is 0.8027 at -4.1% the ANZ Bank rate is 0.8100 at -3.2% and the ING Bank rate is 0.8065 at -3.6% compared to the mid-rate 0.8366.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Bank of Queensland 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.