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EUR to SGD - Exchange Rates Guide

Euro to Singapore Dollar exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

EUR/SGD exchange rate (wholesale):

1 EUR = 1.5707 SGD

Sell EUR / Buy SGD 

 
EUR to SGD chart and trends
14-DAY-HI 1-DAY0.5% (1d)
EUR/SGD at 1.5706 was trading 0.8% above AVG:1.5575 with LO:1.5303 and HI:1.5944 (90 days). There are no current rate alerts.

Euro to Singapore Dollar - Quick Conversions

EUR SGD
€ 1 S$ 1.5707
€ 5 S$ 7.8535
€ 10 S$ 15.71
€ 20 S$ 31.41
€ 50 S$ 78.54
€ 100 S$ 157.07
€ 250 S$ 392.68
€ 500 S$ 785.35
€ 1,000 S$ 1,571
€ 2,000 S$ 3,141
€ 5,000 S$ 7,854
€ 10,000 S$ 15,707
€ 50,000 S$ 78,535
€ 100,000 S$ 157,070
More amounts
EUR SGD
0.6367 S$ 1
3.1835 S$ 5
6.3670 S$ 10
12.73 S$ 20
31.84 S$ 50
63.67 S$ 100
159.18 S$ 250
318.35 S$ 500
636.70 S$ 1,000
1,273 S$ 2,000
3,184 S$ 5,000
6,367 S$ 10,000
31,835 S$ 50,000
63,670 S$ 100,000
More amounts

To calculate other EUR/SGD amounts try our home-page Convert EUR to SGD quick converter.


Comparing Retail Exchange Rates

The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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Singapore Dollar (SGD) Country Guides

SingaporeSingapore (SGD)

Euro and Singapore Dollar Forecasts

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)

EUR will fall to 0.80 against the British pound according to Standard Bank. The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

Rabobank told Bloomberg TV in early April that they see the Euro holding its value in an otherwise difficult virus affected year for most currencies.

The Euro spent 2019 on a downwards trajectory, starting the year with highs at US1.1550 but then slid all year until October where it bottomed out at US$1.09 on Oct 1, close to long-term lows. Since then it has climbed back up towards the average rate for the year of US1.12, perhaps due to the less uncertainty around Brexit.

Read more in the article EUR Forecasts.

 

Singapore Dollar (SGD)

At the end of March, Singapore's central bank eased its monetary policy, as widely expected, with the city-state's bellwether economy bracing for a deep recession due to the coronavirus pandemic.

The MAS said it would adopt a zero percent per annum rate of appreciation of the policy band starting at the prevailing level, currently slightly below the mid-point of the policy band.

The markets viewed this annoucement as showing the MAS has kept some fire-power in reserve and could intervene again to lower the SGD.

NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of the year if the coronavirus comes under control.

Overall, it was 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.

Read more in the article SGD Forecasts.

How to get Best EUR to SGD Exchange Rates

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/SGD rateChangePeriod
02 Jul 2020 : 1.56790.2% ▲1 Week
09 Jun 2020 : 1.57550.3% ▼30 Days
10 Apr 2020 : 1.54571.7% ▲90 Days
10 Jul 2019 : 1.52862.8% ▲1 Year
11 Jul 2015 : 1.50714.3% ▲5 Years
12 Jul 2010 : 1.73979.7% ▼10 Years
EUR/SGD 10 year historic rates & changes to 09-Jul-2020 : 1.5713
 

When is the best time to exchange EUR to SGD?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

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.

Setup BER.me FX Alerts