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SGD to CAD - Exchange Rates Guide

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

 
 

SGD/CAD exchange rate (wholesale):

1 SGD = 0.9713 CAD

Sell SGD / Buy CAD 

 
SGD to CAD chart and trends
ALERT:14-DAY LOWS |
SGD/CAD at 0.9713 was trading 1.1% below AVG:0.9819 with LO:0.9629 and HI:0.9994 (90 days). ALERT: SGD/CAD dropped to 14-DAY LOWS.

Singapore Dollar to Canadian Dollar - Quick Conversions

SGD CAD
S$ 1 C$ 0.9713
S$ 5 C$ 4.8565
S$ 10 C$ 9.7130
S$ 20 C$ 19.43
S$ 50 C$ 48.57
S$ 100 C$ 97.13
S$ 250 C$ 242.83
S$ 500 C$ 485.65
S$ 1,000 C$ 971.30
S$ 2,000 C$ 1,943
S$ 5,000 C$ 4,857
S$ 10,000 C$ 9,713
S$ 50,000 C$ 48,565
S$ 100,000 C$ 97,130
More amounts
SGD CAD
S$ 1.0295 C$ 1
S$ 5.1475 C$ 5
S$ 10.30 C$ 10
S$ 20.59 C$ 20
S$ 51.48 C$ 50
S$ 102.95 C$ 100
S$ 257.38 C$ 250
S$ 514.75 C$ 500
S$ 1,030 C$ 1,000
S$ 2,059 C$ 2,000
S$ 5,148 C$ 5,000
S$ 10,295 C$ 10,000
S$ 51,475 C$ 50,000
S$ 102,950 C$ 100,000
More amounts

To calculate other SGD/CAD amounts try our home-page Convert SGD to CAD quick converter.


Comparing Retail Exchange Rates

The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the 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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Canadian Dollar (CAD) Country Guides

CanadaCanada (CAD)

Singapore Dollar and Canadian Dollar Forecasts

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

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.

 

Canadian Dollar (CAD)

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The threat of proxy war between the US and Iran in Iraq also pared back some of the gains the Loonie had made coming into the New Year.

The Canadian dollar was range bound during the second half of 2019 oscillating between US75c and US76.5c. Mid-year the loonie stormed ahead in June and July, rising to what turned out to be the 2019 high against the US dollar of US76.7cents and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

The USMCA was signed by the United States, Mexico and Canadian on November 30 at the G20 Summit in Buenos Aires. Any delay to Canadian ratification of the USMCA trade deal would have likely depressed sentiment on Canada’s currency.

Read more in the article CAD Forecasts.

How to get Best SGD to CAD 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 CAD 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 history of SGD vs CAD.

The following table looks at the change in the SGD to CAD historic exchange rate over a range of periods upto 10 years.

SGD/CAD historic rateChange to 03-JulPeriod
0.9823  26 Jun 20201.1% ▼1 Week
0.9657  03 Jun 20200.6% ▲30 Days
0.9875  04 Apr 20201.6% ▼90 Days
0.9627  04 Jul 20190.9% ▲1 Year
0.9330  05 Jul 20154.1% ▲5 Years
0.7610  06 Jul 201027.6% ▲10 Years
SGD/CAD 10 year historic rates & changes to 03-Jul-2020 : 0.9713
 

When is the best time to exchange SGD to CAD?

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