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SGD to CAD - Compare Exchange Rates

Singapore Dollar to Canadian Dollar - Convert Compare Save

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 and Travel Money transactions as shown below.

 

Compare SGD/CAD Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks for SGD/CAD International Money Transfers. Costs are calculated against the amount when SGD is converted to CAD at mid-rate.

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Foreign Transfer Providers
Ratings & Reviews
Receive CAD($)Exchange RateFee SGDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
TransferWise logo
9,794.79 CAD0.9845$510.61%Bank Transfers - Online, Foreign Currency Accounts1-2 days
 
OFX logo
9,721 CAD0.972101.36%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
DBS Bank logo
9,611.67 CAD0.9629182.47%Online, Branch, Bank Transfers2-3 days
HSBC logo
9,517.7 CAD0.9532$153.42%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
9,514 CAD0.9549183.46%Online, Branch, Bank Transfers2-3 days
OCBC Bank International Money Transfers
OCBC Bank logo
9,493.11 CAD0.9589$1003.67%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
9,432.67 CAD0.9444124.29%Online, Branch, Bank Transfers2-3 days
TransferWise: Foreign Transfer SGD→CAD
SGD amount:$10,000 SGD
Fee:$51 SGD (0.5% + $1)
Exchange Rate:0.9845 (0.1% from mid-rate)
CAD amount:9,794.79 CAD
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→CAD
SGD amount:$10,000 SGD
Fee:0
Exchange Rate:0.9721 (1.36% from mid-rate)
CAD amount:9,721 CAD
Total Cost:1.36%
Difference:
74 CAD less than using TransferWise
Time:
Rate Fetched: Mon Apr 22 2019 23:13:51 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→CAD
SGD amount:$10,000 SGD
Fee:18
Exchange Rate:0.9629 (2.29% from mid-rate)
CAD amount:9,611.67 CAD
Total Cost:2.47%
Difference:
183 CAD 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→CAD
SGD amount:$10,000 SGD
Fee:$15 SGD (.15%)
Exchange Rate:0.9532 (3.28% from mid-rate)
CAD amount:9,517.7 CAD
Total Cost:3.42%
Difference:
277 CAD 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→CAD
SGD amount:$10,000 SGD
Fee:18
Exchange Rate:0.9551 (3.08% from mid-rate)
CAD amount:9,514 CAD
Total Cost:3.46%
Difference:
281 CAD less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

OCBC Bank logoOCBC Bank

OCBC Bank: Foreign Transfer SGD→CAD
SGD amount:$10,000 SGD
Fee:$100 SGD (1%)
Exchange Rate:0.9589 (2.7% from mid-rate)
CAD amount:9,493.11 CAD
Total Cost:3.67%
Difference:
302 CAD 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→CAD
SGD amount:$10,000 SGD
Fee:12
Exchange Rate:0.9444 (4.17% from mid-rate)
CAD amount:9,432.67 CAD
Total Cost:4.29%
Difference:
362 CAD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

SGD to CAD interbank exchange rate = 0.9901

Right now the SGD/CAD interbank exchange rate is 0.9901. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Canadian Dollar to Singapore Dollar.

This SGD/CAD Converter calculates equivalent Singapore Dollar to Canadian Dollar amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

SGD / CAD converter & margin calculator


$SGD
$CAD
Mid-rates:
 

Foreign Transfers Travel Money

Compare how much you can save on
SGD/CAD exchange rates for:

Foreign Transfers

1 Week SGD to CAD
Loading SGD/CAD rates

Singapore Dollar

Canadian Dollar

1 SGD 0.9901 CAD
5 SGD 4.9505 CAD
10 SGD 9.9010 CAD
20 SGD 19.80 CAD
50 SGD 49.51 CAD
100 SGD 99.01 CAD
250 SGD 247.53 CAD
500 SGD 495.05 CAD
1,000 SGD 990.10 CAD
2,000 SGD 1,980.20 CAD
5,000 SGD 4,950.50 CAD
10,000 SGD 9,901.00 CAD
50,000 SGD 49,505.00 CAD
100,000 SGD 99,010.00 CAD
See more

Singapore Dollar

Canadian Dollar

1.0100 SGD 1 CAD
5.0500 SGD 5 CAD
10.10 SGD 10 CAD
20.20 SGD 20 CAD
50.50 SGD 50 CAD
101.00 SGD 100 CAD
252.50 SGD 250 CAD
505.00 SGD 500 CAD
1,010.00 SGD 1,000 CAD
2,020.00 SGD 2,000 CAD
5,050.00 SGD 5,000 CAD
10,100.00 SGD 10,000 CAD
50,500.00 SGD 50,000 CAD
101,000.00 SGD 100,000 CAD
See more

CAD Country Guides
CanadaCanada

Singapore Dollar to Canadian Dollar (SGD-CAD) - 10 Year History

The below table shows the historic variation in the SGD/CAD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of SGD versus other currencies : SGD historical charts.

DateExchange RatePeriodChange
23 Apr 20190.9892Latest
16 Apr 20190.98621 Week+0.3%
24 Mar 20190.99231 Month-0.31%
25 Oct 20180.94676 Months+4.49%
23 Apr 20180.96911 Year+2.07%
23 Apr 20170.96802 Years+2.19%
24 Apr 20140.87675 Years+12.83%
25 Apr 20090.815010 Years+21.37%

Why can't I just get the SGD/CAD market rate I see on Google or in the Media?

The SGD/CAD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the SGD / CAD was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however 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.

The closer your final exchange rate is to the market SGD/CAD midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good SGD to CAD exchange rate

  1. Know the latest SGD/CAD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Singapore Dollar and Canadian Dollar

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the SGD vs CAD, you should pay attention to both Singapore Dollar and Canadian 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).

Canadian Dollar (CAD) - Market news and forecasts

In the March-April period (to April-20), the Canadian dollar traded mostly sideways relative to USD, between C$1.33 and C$1.34; it was stable against EUR, at C$1.50, but against AUD it neared 15-week lows, at C$0.957.

Unlike other oil-sensitive currencies, the Canadian dollar has failed to take advantage of a thriving oil market, with the market’s attention instead turned towards the global economic slowdown and the Canadian housing market, which, according to the IMF, is now as risky as it was during the 2007-08 financial crisis.

Forecasters at RBC expect further sideways price action until mid-year, after which the loonie probably weakens modestly towards C$1.36 to the USD by year-end. 

CIBC is also predicting C$1.36 per USD in December, and sees further weakness to C$1.40 sometime in 2020 C$1.40 is an exchange rate last seen in February 2016.