Best GBP to SGD Exchange Rates - Compare & Save

In this pound to SGD rate guide:

GBP to SGD - Rate Calculator

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.

This exchange rate calculator makes it easy to compare the Total Cost you are being charged on pound to SGD currency rates and the possible savings of using various providers.

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Provider	Amounts	Rate	Total Cost

GBP/SGD Forecasts

The outlook for GBP to SGD in March appears to be influenced by several key drivers ranging from global economic shifts to domestic inflation, as well as developments in the US and China. Recent FX analyst forecasts have highlighted the impact of increased investor risk sentiment on exchange rates amid unexpected gains in the US Jobs Report, sluggish global GDP growth, improved Chinese economy, and mergers among prominent financial institutions.

Market participants anticipate that the GBP/SGD pair could face short-term volatility while testing key support levels. The pair is currently trading at 1.6410, 1.3% above its 3-month average of 1.6194, having fluctuated within a 3.0% range of 1.5936-1.6420. As the Monetary Authority of Singapore (MAS) continues to manage the SGD value against a basket of currencies, the upcoming interest rate statement could further provide insight into its monetary policy direction.

In conclusion, the GBP/SGD outlook remains mixed, as significant factors affect both currencies' economic performance. Investors should pay close attention to various financial indicators, statements from central banks, and global market trends while assessing exchange rate movements. With a cautious approach, one can make well-informed decisions when participating in the FX markets.

29-MAR 7AM-NY 12PM-LON 7PM-HK 10PM-SYD

GBP/SGD Market Data

Pound Sterling to Singapore dollar FX market data and key indicators - Interbank rate, charts, forecasts & historic rates and trends.

1 GBP = SGD

GBP to SGD at 1.6359 is 1.0% above its 3-month average of 1.6195, having fluctuated within a 3.0% range of 1.5936-1.6420

29-MAR 9PM-NY 30-MAR 2AM-LON 9AM-HK 12PM-SYD

Sell GBP → Buy SGD

Track Rate

1 SGD = 0.6113 GBP

90-DAY▲HIGH

Date	GBP/SGD	Change	Period
15 Mar 2023	1.6308	0.4% ▲	2 Week
29 Dec 2022	1.6199	1.1% ▲	3 Month
29 Mar 2022	1.7755	7.8% ▼	1 Year
30 Mar 2018	1.8371	10.9% ▼	5 Year
31 Mar 2013	1.8858	13.2% ▼	10 Year
03 Apr 2003	2.7858	41.2% ▼	20 Year

GBP/SGD historic rates & change to 29-Mar-2023

How to get a good GBP to SGD exchange rate

There are several ways to save on exchange rates when converting Pound Sterling to Singapore dollar:

Shop around for the best GBP/SGD exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
Timing is important: Keep an eye on the GBP/SGD rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both GBP and SGD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Singapore dollar with Pound Sterling, then it's better for the GBP/SGD exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Pound Sterling 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 GBP/SGD to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

Manage My Rates

Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.

You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to Singapore.