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Compare SGD to AUD foreign transfers

Use our comparison table to find the best exchange rates for Australian Dollar foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
$SGD
$AUD

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Foreign Transfer Providers
Ratings & Reviews
Receive AUD($)Exchange RateFee SGDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
TransferWise logo
10,280 AUD1.0333$510.61%Bank Transfers - Online, Foreign Currency Accounts1-2 days
 
OFX logo
10,222 AUD1.022201.17%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
DBS Bank logo
10,106 AUD1.0124182.29%Online, Branch, Bank Transfers2-3 days
HSBC logo
10,007 AUD1.0022$153.25%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
9,999 AUD1.0035183.33%Online, Branch, Bank Transfers2-3 days
OCBC Bank International Money Transfers
OCBC Bank logo
9,963.36 AUD1.0064$1003.67%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
9,918.08 AUD0.993124.11%Online, Branch, Bank Transfers2-3 days
TransferWise: Foreign Transfer SGD→AUD
SGD amount:$10,000 SGD
Fee:$51 SGD (0.5% + $1)
Exchange Rate:1.0333 (0.1% from mid-rate)
AUD amount:10,280 AUD
Total Cost:0.61%
Time:1:09 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
OFX: Foreign Transfer SGD→AUD
SGD amount:$10,000 SGD
Fee:0
Exchange Rate:1.0222 (1.17% from mid-rate)
AUD amount:10,222 AUD
Total Cost:1.17%
Difference:
58 AUD less than using TransferWise
Time:
Rate Fetched: Mon Apr 22 2019 23:13:48 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

DBS Bank logoDBS Bank

DBS Bank: Foreign Transfer SGD→AUD
SGD amount:$10,000 SGD
Fee:18
Exchange Rate:1.0124 (2.12% from mid-rate)
AUD amount:10,106 AUD
Total Cost:2.29%
Difference:
174 AUD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer SGD→AUD
SGD amount:$10,000 SGD
Fee:$15 SGD (.15%)
Exchange Rate:1.0022 (3.1% from mid-rate)
AUD amount:10,007 AUD
Total Cost:3.25%
Difference:
273 AUD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer SGD→AUD
SGD amount:$10,000 SGD
Fee:18
Exchange Rate:1.0042 (2.91% from mid-rate)
AUD amount:9,999 AUD
Total Cost:3.33%
Difference:
281 AUD less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

OCBC Bank logoOCBC Bank

OCBC Bank: Foreign Transfer SGD→AUD
SGD amount:$10,000 SGD
Fee:$100 SGD (1%)
Exchange Rate:1.0064 (2.7% from mid-rate)
AUD amount:9,963.36 AUD
Total Cost:3.67%
Difference:
317 AUD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer SGD→AUD
SGD amount:$10,000 SGD
Fee:12
Exchange Rate:0.9930 (3.99% from mid-rate)
AUD amount:9,918.08 AUD
Total Cost:4.11%
Difference:
362 AUD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
3 Month Chart
Loading AUDUSD rates

This is a chart showing the change in the SGD-AUD mid-market exchange rate over the last week. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market SGD-AUD exchange rate.

Currency news and forecasts for Singapore Dollar and Australian Dollar

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

So it follows that if you are determining the best time to transact, in this case the SGD vs AUD, you should pay attention to both Singapore Dollar and Australian Dollar news and forecasts.

Singapore Dollar (SGD) - Market news and forecasts

2019 has begun steadily for the Singapore dollar. In the third week of April, SGD is little changed (<1 percent) on the year against both the US dollar (S$1.356) and Australian dollar (S$0.97), but it continues to impress against the euro, relative to which it has strengthened by 2.5 percent year-to-date to S$1.524—near its strongest level in 2 years. A big-picture view shows SGD trading sideways against the pound since late 2016, now at S$1.763. SGD reached a 17-month high against the Malaysian ringgit in April, at RM3.073.

With core inflation at a 9-month low in the lead-up to this report and quarterly economic growth at a 2-year low, it’s likely that the Monetary Authority of Singapore will keep monetary policy unchanged when it next meets in October.

According to TradingEconomics.com, the Singapore dollar is likely to be worth S$1.37 per US dollar in 12 months’ time (April 2020).

Australian Dollar (AUD) - Market news and forecasts

Improved risk appetite, thriving commodities markets and better data from China helped lift the Australian dollar through March and into the second half of April. Against the US dollar, the Aussie was quoted at US$0.715 on April-22.

In March, both Westpac and JP Morgan predicted an Aussie slide to US$0.68 in the second half of the year. Those banks were at least more optimistic than HSBC, which argued in April for US$0.66 based on housing market weakness, high debt-to-GDP levels and continued strength in the US dollar.

Bearishness wasn’t unanimous, though, with NAB forecasting Aussie appreciation at least until mid-year; it predicted US$0.74 by the end of June.

The RBA will be happy with a weaker currency, HSBC said. The central bank has recently shifted to a dovish bias (what should be an across-the-board negative for AUD), saying lower Australian interest rates will “likely be appropriate” if inflation doesn’t pick up.