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EUR/SGD - Convert Compare Save

Euro 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 Euro to Singapore Dollar exchange rate, has news, forecasts and EUR 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.

EUR/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 EUR/SGD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

EUR to SGD International Money Transfers

  

Foreign Transfer ProvidersReceive SGD(S$)Exchange RateFee EURTotal CostDeal Links
OFX logo
7,571 SGD
Best Overall
1.51420 for BER users (normally $15)0.8%
HSBC logo
7,330.49 SGD
241 SGD
1.4683€7.53.95%
Deutsche Bank International Money Transfers
Deutsche Bank logo
7,260.66 SGD
310 SGD
1.4668€504.87%
Citibank International Money Transfers
Citibank logo
7,256.54 SGD
314 SGD
1.4548124.92%
Santander International Money Transfers
Santander logo
7,215.02 SGD
356 SGD
1.4488205.46%
Banks - Average Rate
Deutsche Bank logo Santander logo Citibank logo Sparkasse Bank logo HSBC logo Bank of Ireland logo Crédit Agricole logo AIB Bank logo BNP Paribas logo
7,177 SGD
394 SGD
1.4451125.97%
Bank of Ireland International Money Transfers
Bank of Ireland logo
7,171.56 SGD
399 SGD
1.4488€506.03%
BNP Paribas International Money Transfers
BNP Paribas logo
7,139.88 SGD
431 SGD
1.4424€506.45%
Crédit Agricole International Money Transfers
Crédit Agricole logo
7,119.59 SGD
451 SGD
1.4383€506.71%
AIB Bank International Money Transfers
AIB Bank logo
7,089.89 SGD
481 SGD
1.4323€507.1%
Sparkasse Bank International Money Transfers
Sparkasse Bank logo
7,004.92 SGD
566 SGD
1.4052158.22%
 
OFX: Foreign Transfer EUR→SGD
EUR amount:€5,000 EUR
Fee:0 for BER users (normally $15)
Exchange Rate:1.5142 (0.8% from mid-rate)
SGD amount:7,571 SGD
Total Cost:0.8%
Time:
Rate Fetched: 18:01 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 EUR→SGD
EUR amount:€5,000 EUR
Fee:€7.5 EUR (.15%)
Exchange Rate:1.4683 (3.81% from mid-rate)
SGD amount:7,330.49 SGD
Total Cost:3.95%
Difference:
241 SGD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Deutsche Bank logoDeutsche Bank

Deutsche Bank: Foreign Transfer EUR→SGD
EUR amount:€5,000 EUR
Fee:€50 EUR (1%)
Exchange Rate:1.4668 (3.9% from mid-rate)
SGD amount:7,260.66 SGD
Total Cost:4.87%
Difference:
310 SGD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer EUR→SGD
EUR amount:€5,000 EUR
Fee:12
Exchange Rate:1.4548 (4.69% from mid-rate)
SGD amount:7,256.54 SGD
Total Cost:4.92%
Difference:
314 SGD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Santander logoSantander

Santander: Foreign Transfer EUR→SGD
EUR amount:€5,000 EUR
Fee:20
Exchange Rate:1.4488 (5.08% from mid-rate)
SGD amount:7,215.02 SGD
Total Cost:5.46%
Difference:
356 SGD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer EUR→SGD
EUR amount:€5,000 EUR
Fee:12
Exchange Rate:1.4443 (5.38% from mid-rate)
SGD amount:7,177 SGD
Total Cost:5.97%
Difference:
394 SGD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Bank of Ireland logoBank of Ireland

Bank of Ireland: Foreign Transfer EUR→SGD
EUR amount:€5,000 EUR
Fee:€50 EUR (1%)
Exchange Rate:1.4488 (5.08% from mid-rate)
SGD amount:7,171.56 SGD
Total Cost:6.03%
Difference:
399 SGD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

BNP Paribas logoBNP Paribas

BNP Paribas: Foreign Transfer EUR→SGD
EUR amount:€5,000 EUR
Fee:€50 EUR (1%)
Exchange Rate:1.4424 (5.5% from mid-rate)
SGD amount:7,139.88 SGD
Total Cost:6.45%
Difference:
431 SGD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Crédit Agricole logoCrédit Agricole

Crédit Agricole: Foreign Transfer EUR→SGD
EUR amount:€5,000 EUR
Fee:€50 EUR (1%)
Exchange Rate:1.4383 (5.77% from mid-rate)
SGD amount:7,119.59 SGD
Total Cost:6.71%
Difference:
451 SGD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

AIB Bank logoAIB Bank

AIB Bank: Foreign Transfer EUR→SGD
EUR amount:€5,000 EUR
Fee:€50 EUR (1%)
Exchange Rate:1.4323 (6.16% from mid-rate)
SGD amount:7,089.89 SGD
Total Cost:7.1%
Difference:
481 SGD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Sparkasse Bank logoSparkasse Bank

Sparkasse Bank: Foreign Transfer EUR→SGD
EUR amount:€5,000 EUR
Fee:15
Exchange Rate:1.4052 (7.94% from mid-rate)
SGD amount:7,004.92 SGD
Total Cost:8.22%
Difference:
566 SGD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 07/19/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount SGD(S$)Exchange RateFee EURTotal CostDeal Links
Travelex Online logo
1,426.3 SGD
Best Overall
1.426306.56%
Deutsche Bank Foreign Currency
Deutsche Bank logo
1,400.08 SGD
26 SGD
1.4214€158.28%
BNP Paribas Foreign Currency
BNP Paribas logo
1,392.89 SGD
33 SGD
1.4141€158.75%
Citibank Foreign Currency
Citibank logo
1,392.63 SGD
34 SGD
1.4067€108.76%
Banks - Average Rate
Deutsche Bank logo Citibank logo Sparkasse Bank logo HSBC logo Bank of Ireland logo Crédit Agricole logo AIB Bank logo BNP Paribas logo
1,379 SGD
47 SGD
1.3940€109.65%
Crédit Agricole Foreign Currency
Crédit Agricole logo
1,378.31 SGD
48 SGD
1.3993€159.7%
Bank of Ireland Foreign Currency
Bank of Ireland logo
1,376.6 SGD
50 SGD
1.3905€109.81%
AIB Bank Foreign Currency
AIB Bank logo
1,373.63 SGD
53 SGD
1.3875€1010.01%
Sparkasse Bank Foreign Currency
Sparkasse Bank logo
1,363.43 SGD
63 SGD
1.3772€1010.68%
HSBC logo
1,355.1 SGD
71 SGD
1.3551011.22%
Travelex Online: Travel Money EUR→SGD
EUR amount:€1,000 EUR
Fee:undefined
Exchange Rate:1.4263 (6.56% from mid-rate)
SGD amount:1,426.3 SGD
Total Cost:6.56%
Time:
Rate Fetched: Fri Jul 19 2019 16:15:03 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Deutsche Bank logoDeutsche Bank

Deutsche Bank: Travel Money EUR→SGD
EUR amount:€1,000 EUR
Fee:€15 EUR (Minimum fee)
Exchange Rate:1.4214 (6.88% from mid-rate)
SGD amount:1,400.08 SGD
Total Cost:8.28%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

BNP Paribas logoBNP Paribas

BNP Paribas: Travel Money EUR→SGD
EUR amount:€1,000 EUR
Fee:€15 EUR (Minimum fee)
Exchange Rate:1.4141 (7.36% from mid-rate)
SGD amount:1,392.89 SGD
Total Cost:8.75%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Travel Money EUR→SGD
EUR amount:€1,000 EUR
Fee:€10 EUR (1%)
Exchange Rate:1.4067 (7.84% from mid-rate)
SGD amount:1,392.63 SGD
Total Cost:8.76%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money EUR→SGD
EUR amount:€1,000 EUR
Fee:€10 EUR (1%)
Exchange Rate:1.3478 (11.7% from mid-rate)
SGD amount:1,379 SGD
Total Cost:9.65%
Currency Services:Branch
Delivery/Collect:-
 

Crédit Agricole logoCrédit Agricole

Crédit Agricole: Travel Money EUR→SGD
EUR amount:€1,000 EUR
Fee:€15 EUR (Minimum fee)
Exchange Rate:1.3993 (8.33% from mid-rate)
SGD amount:1,378.31 SGD
Total Cost:9.7%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Bank of Ireland logoBank of Ireland

Bank of Ireland: Travel Money EUR→SGD
EUR amount:€1,000 EUR
Fee:€10 EUR (1%)
Exchange Rate:1.3905 (8.9% from mid-rate)
SGD amount:1,376.6 SGD
Total Cost:9.81%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

AIB Bank logoAIB Bank

AIB Bank: Travel Money EUR→SGD
EUR amount:€1,000 EUR
Fee:€10 EUR (1%)
Exchange Rate:1.3875 (9.1% from mid-rate)
SGD amount:1,373.63 SGD
Total Cost:10.01%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Sparkasse Bank logoSparkasse Bank

Sparkasse Bank: Travel Money EUR→SGD
EUR amount:€1,000 EUR
Fee:€10 EUR (1%)
Exchange Rate:1.3772 (9.77% from mid-rate)
SGD amount:1,363.43 SGD
Total Cost:10.68%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
HSBC: Travel Money EUR→SGD
EUR amount:€1,000 EUR
Fee:
Exchange Rate:1.3551 (11.22% from mid-rate)
SGD amount:1,355.1 SGD
Total Cost:11.22%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 07/19/2019 - See full table

EUR to SGD interbank exchange rate = 1.5275

 
 

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 EUR/SGD exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

EUR and SGD in the Markets

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

 

Euro (EUR)

Euro sentiment dipped in mid-June after the ECB, like other major central banks of the world, ramped up its dovish rhetoric. It said that there was “considerable room” for further quantitative easing and that it would consider negative interest rates. Ordinarily, this would spark an extended euro decline but since other major currencies are also wrestling with easier central bank policies, euro depreciation may be contained.

In spite of Brexit, a slowdown in economic growth, Italian risks and persistently weak inflation — an important measure of inflation expectations fell in June to a record low — the euro did fantastically well against the Australian dollar, New Zealand dollar and British pound between mid-April and mid-June. Due to a stronger US dollar, EUR/USD was down 2 percent on the year at $1.12, close to long-term lows.

Read more in the article EUR Forecasts.

 

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 EUR/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 EUR / 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 EUR Exchange Rates