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EUR to SGD - Best Rates Guide

We review Euro to Singapore Dollar latest & historic FX rates along with recent EUR/SGD Trend and Alerts.

 

Latest wholesale rate

1 EUR = 1.6191 SGD
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Euro to Singapore Dollar
- Trend & Alerts

EURSGD at 1.6183 is a little above its 90-DAY average, range 1.5892-1.6207.
🔔 EURSGD is UP 1.1% TODAY and at 60-DAY HIGHS.
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Alerts:1-DAY1.1% | 60-DAY HIGHS |
 
EUR to SGD chart

View My Alerts

     

Comparing EUR to SGD Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale EUR/SGD rate ( interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for EUR to SGD International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.

 
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Euro to Singapore Dollar - Quick Conversions

EUR SGD
€ 1 S$ 1.6191
€ 5 S$ 8.0955
€ 10 S$ 16.19
€ 20 S$ 32.38
€ 50 S$ 80.96
€ 100 S$ 161.91
€ 250 S$ 404.78
€ 500 S$ 809.55
€ 1,000 S$ 1,619
€ 2,000 S$ 3,238
€ 5,000 S$ 8,096
€ 10,000 S$ 16,191
€ 50,000 S$ 80,955
€ 100,000 S$ 161,910
More amounts
EUR SGD
0.6176 S$ 1
3.0880 S$ 5
6.1760 S$ 10
12.35 S$ 20
30.88 S$ 50
61.76 S$ 100
154.40 S$ 250
308.80 S$ 500
617.60 S$ 1,000
1,235 S$ 2,000
3,088 S$ 5,000
6,176 S$ 10,000
30,880 S$ 50,000
61,760 S$ 100,000
More amounts

Calculate other EUR/SGD amounts (from or to) at mid-market with our EUR to SGD Calculator .

 

Euro and Singapore Dollar - Market News

 

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)

The Euro has struggled in early November dropping to 30-DAY-LOWS due to the COVID-19 second-wave outbreak with France, Italy, and Germany – the Eurozone’s three largest economies – entering lockdowns once more. The markets fear that poor economic results will continue through the end of the year.

Get more details in the article Euro Forecasts.

 

Singapore Dollar (SGD)

Singapore’s trade-reliant economy is teetering on the brink of a recession as the coronavirus pandemic weakens global trade and consumer spending.

There’s increased chance that the Monetary Authority of Singapore (MAS) could start to push the Singapore dollar lower via direct market interventions (ie the central bank actively buying and selling the Singapore dollar).

Get more details in the article Singapore Dollar Forecasts.

   

Country Guides - Singapore Dollar

 
SingaporeSingapore (SGD)
     

How to get Best EUR to SGD Exchange Rates

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

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).

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.

 

What is a good EUR to SGD exchange rate?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Euro vs Singapore Dollar current value is to look the EUR/SGD historic rate and change over a range of periods.

The following table looks at the change in the EUR to SGD exchange rate over periods from the previous week back to the last 10 years.

EUR/SGDChangePeriod
1.5960
24 Nov 2020
1.2% ▲1 Week
1.5922
01 Nov 2020
1.4% ▲30 Days
1.6142
02 Sep 2020
0% ▲90 Days
1.5138
02 Dec 2019
6.7% ▲1 Year
1.5283
03 Dec 2015
5.7% ▲5 Years
1.7384
04 Dec 2010
7.1% ▼10 Years

EUR/SGD 10 year historic rates & change to 01-Dec-2020 : 1.6149

 
   

Will the Euro rise against the Singapore Dollar?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add EUR/SGD to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

 

View My Alerts

 

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.