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EUR to SGD - Compare Rates

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

 
 

Latest interbank rate (wholesale):

1 EUR = 1.6020 SGD

Sell EUR / Buy SGD 


EUR/SGD - Trend & Alerts

EUR/SGD at 1.6019 is near its 90-DAY average, range 1.5609 - 1.6282 .
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30-DAY-LOW (3d)
 
 

Comparing EUR 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' 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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Euro to Singapore Dollar - Quick Conversions

EUR SGD
€ 1 S$ 1.6020
€ 5 S$ 8.0100
€ 10 S$ 16.02
€ 20 S$ 32.04
€ 50 S$ 80.10
€ 100 S$ 160.20
€ 250 S$ 400.50
€ 500 S$ 801.00
€ 1,000 S$ 1,602
€ 2,000 S$ 3,204
€ 5,000 S$ 8,010
€ 10,000 S$ 16,020
€ 50,000 S$ 80,100
€ 100,000 S$ 160,200
More amounts
EUR SGD
0.6242 S$ 1
3.1210 S$ 5
6.2420 S$ 10
12.48 S$ 20
31.21 S$ 50
62.42 S$ 100
156.05 S$ 250
312.10 S$ 500
624.20 S$ 1,000
1,248 S$ 2,000
3,121 S$ 5,000
6,242 S$ 10,000
31,210 S$ 50,000
62,420 S$ 100,000
More amounts

To calculate other EUR/SGD FROM or TO amounts at wholesale rate use our home-page quick & easy Calculate EUR to SGD .

Country Guides - Singapore Dollar

 
SingaporeSingapore (SGD)
   

Euro - Singapore Dollar Forecasting

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 is currently a more appealing investment than the US dollar as fiscal support and COVID-19 containment open the door to a faster paced recovery than what is likely in the US. With current USD weakness and strong long-term prospects for the European Union, there is speculation that the euro could be a contender as the world’s new reserve currency. In the short term the euro could be susceptible to swings, however in the longterm the euro has very good prospects. The currency is poised to move above 1.1850 and extend toward 1.20 in coming weeks.

In mid-July euro strengthened four-month highs (around 1.15 against the US dollar) as european leaders delivered a difficult agreement on a coronavirus rescue package to help member states manage the economic downturn.

The historic stimulus package will see the bloc issue 750 billion euros (US$860 billion) of joint debt and is seen by market commentators as positive for the euro.

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 over the 1 year average of US1.11 towards US1.20.

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.

 

Will EUR rise or fall against SGD?

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
18 Sep 2020 : 1.61040.5% ▼1 Week
26 Aug 2020 : 1.61640.9% ▼30 Days
27 Jun 2020 : 1.56302.5% ▲90 Days
26 Sep 2019 : 1.50946.1% ▲1 Year
27 Sep 2015 : 1.59530.4% ▲5 Years
28 Sep 2010 : 1.789510.5% ▼10 Years

EUR/SGD 10 year historic rates & change to 25-Sep-2020 : 1.6019

 

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