Loading...

Home pages - full list (A-Z)

CHF/SGD - Convert Compare Save

Swiss Franc to Singapore Dollar exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Swiss Franc to Singapore Dollar exchange rate, has news, forecasts and CHF to SGD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

CHF/SGD Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for CHF/SGD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

CHF to SGD International Money Transfers

  

Foreign Transfer ProvidersReceive SGD(S$)Exchange RateFee CHFTotal CostDeal Links
OFX logo
13,987 SGD1.39870 for BER users (normally $15)1.2%
HSBC logo
13,355 SGD1.3375Fr155.67%
Banks - Average Rate
Deutsche Bank logo Citibank logo UBS Bank logo HSBC logo
13,268 SGD1.3344156.28%
UBS Bank International Money Transfers
UBS Bank logo
13,254 SGD1.3388Fr1006.38%
Citibank International Money Transfers
Citibank logo
13,236 SGD1.3252126.51%
Deutsche Bank International Money Transfers
Deutsche Bank logo
13,227 SGD1.3361Fr1006.57%
 
OFX: Foreign Transfer CHF→SGD
CHF amount:10,000 CHF
Fee:0 for BER users (normally $15)
Exchange Rate:1.3987 (1.2% from mid-rate)
SGD amount:13,987 SGD
Total Cost:1.2%
Time:
Rate Fetched: 1:05 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer CHF→SGD
CHF amount:10,000 CHF
Fee:Fr15 CHF (.15%)
Exchange Rate:1.3375 (5.52% from mid-rate)
SGD amount:13,355 SGD
Total Cost:5.67%
Difference:
632 SGD less than using OFX
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer CHF→SGD
CHF amount:10,000 CHF
Fee:15
Exchange Rate:1.3525 (4.46% from mid-rate)
SGD amount:13,268 SGD
Total Cost:6.28%
Difference:
719 SGD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

UBS Bank logoUBS Bank

UBS Bank: Foreign Transfer CHF→SGD
CHF amount:10,000 CHF
Fee:Fr100 CHF (1%)
Exchange Rate:1.3388 (5.43% from mid-rate)
SGD amount:13,254 SGD
Total Cost:6.38%
Difference:
733 SGD less than using OFX
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer CHF→SGD
CHF amount:10,000 CHF
Fee:12
Exchange Rate:1.3252 (6.39% from mid-rate)
SGD amount:13,236 SGD
Total Cost:6.51%
Difference:
751 SGD less than using OFX
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Deutsche Bank logoDeutsche Bank

Deutsche Bank: Foreign Transfer CHF→SGD
CHF amount:10,000 CHF
Fee:Fr100 CHF (1%)
Exchange Rate:1.3361 (5.62% from mid-rate)
SGD amount:13,227 SGD
Total Cost:6.57%
Difference:
760 SGD less than using OFX
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 08/19/2019 - See full table

CHF to SGD interbank exchange rate = 1.4127

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on CHF/SGD exchange rates

Foreign Transfers

Foreign Transfers Travel Money

   

CHF and SGD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the CHF vs SGD, you should pay attention to the recent market trends for both currencies.

 

Swiss Franc (CHF)

The Swiss National Bank continues to reaffirm its commitment to an ultra-loose monetary policy, which includes negative interest rates and a willingness to intervene in FX markets, as part of an effort to spark inflation in the economy.

The SNB will be unhappy, therefore, with the franc’s strength in May.

Between April-23 and May-24 (the day of this report), the franc was the best performing G10 currency; it gained 2.2 percent against the euro, taking EUR/CHF back towards Fr1.12 and close to long-term lows (franc highs).

May’s strength reflected worsening sentiment towards the global economy, driven by a significant escalation in US-China trade tensions. As a safe haven, the franc typically gains value during tough times and sinks when investors gain confidence.

 

Singapore Dollar (SGD)

Singapore was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it created some negative sentiment that spurred a rise in USD/SGD to a 6-month high (SGD low) of S$1.384.

Overall, it’s been a mixed 2019 for the Singapore dollar, with small gains (<2 percent) against the euro and Australian dollar, but small losses against the US dollar and pound.

In May, SGD was pressured by data showing core inflation at a 1-year low, by an escalation in US-China trade tensions, and after Singapore’s Ministry of Trade and Industry downgraded 2019 growth forecasts. At 1.2 percent, quarterly growth in the Lion City has slowed to its lowest level in a decade.

All said, the Monetary Authority of Singapore will, at best, keep monetary policy unchanged when it next meets in October (there's a chance it could turn dovish).

Read more in the article SGD Forecasts.

Why can't I just get the CHF/SGD market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the CHF / SGD was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all CHF Exchange Rates