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SGD to BDT - Rate Guide

Singapore Dollar to Bangladeshi Taka exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 SGD = 60.68 BDT

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SGD to BDT - Trading Range (90 Day)
ALERT: 90-DAY LOWS 🔔 |
SGD/BDT at 60.9 is trading 2.3% below the 90-day average 62.31 with a range 60.9 to 63.11. ALERT: SGD/BDT has dropped to 90-DAY LOWS.
19-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Singapore Dollar to Bangladeshi Taka

SGD

BDT

S$ 1
60.68
S$ 5
303.40
S$ 10
606.80
S$ 20
1,214
S$ 50
3,034
S$ 100
6,068
S$ 250
15,170
S$ 500
30,340
S$ 1,000
60,680
S$ 2,000
121,360
S$ 5,000
303,400
S$ 10,000
606,800
S$ 50,000
3,034,000
S$ 100,000
6,068,000
More amounts

SGD

BDT

S$ 0.0165
1
S$ 0.0824
5
S$ 0.1648
10
S$ 0.3296
20
S$ 0.8240
50
S$ 1.6479
100
S$ 4.1198
250
S$ 8.2395
500
S$ 16.48
1,000
S$ 32.96
2,000
S$ 82.40
5,000
S$ 164.79
10,000
S$ 823.95
50,000
S$ 1,648
100,000
More amounts

To calculate specific SGD/BDT amounts use our Convert SGD to BDT quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

Country Guides (SGD & BDT)

BangladeshBangladesh (BDT)SingaporeSingapore (SGD)

SGD and BDT in the Markets

When determining the best time to make a foreign exchange transaction, in this case the SGD vs BDT, you should pay attention to the recent market trends for both currencies.

Singapore Dollar (SGD)

Singapore was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it created some negative sentiment that spurred a rise in USD/SGD to a 6-month high (SGD low) of S$1.384.

Overall, it’s been 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.

In May, SGD was pressured by data showing core inflation at a 1-year low, by an escalation in US-China trade tensions, and after Singapore’s Ministry of Trade and Industry downgraded 2019 growth forecasts. At 1.2 percent, quarterly growth in the Lion City has slowed to its lowest level in a decade.

All said, the Monetary Authority of Singapore will, at best, keep monetary policy unchanged when it next meets in October (there's a chance it could turn dovish).

Read more in the article SGD Forecasts.

 

Bangladeshi Taka (BDT)

No recent Bangladeshi Taka market updates.


How to get Best SGD to BDT 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 SGD to BDT exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the SGD to BDT exchange rate to the present day for periods going back upto 10 years.

PeriodChange*SGD/BDTDate
1 Day-0.2%61.041318 Feb 2020
7 Day-0.4%61.170312 Feb 2020
30 Day-3.4%63.038320 Jan 2020
3 Month-2.1%62.226221 Nov 2019
1 Year-2%62.180519 Feb 2019
5 Year+6.4%57.247320 Feb 2015
10 Year+24.4%48.966021 Feb 2010

*For period to 19-Feb 21UTC when SGD/BDT was 60.9106

When is the best time to exchange SGD to BDT?

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 myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all SGD Exchange Rates