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SGD to CAD - Rate Guide

Singapore Dollar to Canadian Dollar 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 transactions as shown below.

 

SGD/CAD trend & alerts

1 SGD = 0.9637 CAD

SGD/CAD is trading near the 90 day average 0.9602 with a range from LOW 0.9531 to HIGH 0.9677. There are currently no alerts.
 

View SGD/CAD - Interactive Chart

SGD/CAD Exchange Rates and Providers Compared

This guide to the Singapore Dollar to Canadian Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and SGD to CAD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the SGD/CAD Calculator.

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for SGD/CAD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
SGD/CAD

SGD to CAD International Money Transfers

  

Foreign Transfer ProvidersReceive CAD(C$)Exchange RateFee SGDTotal CostDeal Links
TransferWise logo
C$9,565.960.9615S$510.61%
OFX logo
C$9,5480.95480 for BER users (normally $15)0.8%
DBS Bank logo
C$9,345.150.9362182.91%
OCBC Bank International Money Transfers
OCBC Bank logo
C$9,271.350.9365S$1003.67%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
C$9,2600.9294183.79%
HSBC logo
C$9,253.10.9267S$153.86%
Citibank International Money Transfers
Citibank logo
C$9,170.980.9182124.72%
 

TransferWise logo

TransferWise: Foreign Transfer SGD→CAD
From Amount (SGD)S$10,000
Fee:S$51 SGD (0.5% + S$1)
Exchange Rate:0.9615 (0.1% from mid-rate)
To Amount (CAD) C$9,565.96
Total Cost:0.61%
Time:1:09 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

OFX logo

OFX: Foreign Transfer SGD→CAD
From Amount (SGD)S$10,000
Fee:0 for BER users (normally $15)
Exchange Rate:0.9548 (0.8% from mid-rate)
To Amount (CAD) C$9,548
Total Cost:0.8%
Difference:
C$18 CAD less than using TransferWise
Time:
Rate Fetched: 1:09 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

DBS Bank logo

DBS Bank: Foreign Transfer SGD→CAD
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:0.9362 (2.73% from mid-rate)
To Amount (CAD) C$9,345.15
Total Cost:2.91%
Difference:
C$221 CAD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

OCBC Bank logo

OCBC Bank: Foreign Transfer SGD→CAD
From Amount (SGD)S$10,000
Fee:S$100 SGD (1%)
Exchange Rate:0.9365 (2.7% from mid-rate)
To Amount (CAD) C$9,271.35
Total Cost:3.67%
Difference:
C$295 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
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:0.9286 (3.52% from mid-rate)
To Amount (CAD) C$9,260
Total Cost:3.79%
Difference:
C$306 CAD less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

HSBC logo

HSBC: Foreign Transfer SGD→CAD
From Amount (SGD)S$10,000
Fee:S$15 SGD (.15%)
Exchange Rate:0.9267 (3.72% from mid-rate)
To Amount (CAD) C$9,253.1
Total Cost:3.86%
Difference:
C$313 CAD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logo

Citibank: Foreign Transfer SGD→CAD
From Amount (SGD)S$10,000
Fee:12
Exchange Rate:0.9182 (4.6% from mid-rate)
To Amount (CAD) C$9,170.98
Total Cost:4.72%
Difference:
C$395 CAD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 10/16/2019 - See full table

SGD / CAD converter & margin calculator

S$SGD
C$CAD
mid-rates

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

Foreign Transfers

Foreign Transfers Travel Money

Singapore Dollar

Canadian Dollar

1 SGD 0.9637 CAD
5 SGD 4.8185 CAD
10 SGD 9.6370 CAD
20 SGD 19.27 CAD
50 SGD 48.19 CAD
100 SGD 96.37 CAD
250 SGD 240.93 CAD
500 SGD 481.85 CAD
1,000 SGD 963.70 CAD
2,000 SGD 1,927.40 CAD
5,000 SGD 4,818.50 CAD
10,000 SGD 9,637.00 CAD
50,000 SGD 48,185.00 CAD
100,000 SGD 96,370.00 CAD
See more

Singapore Dollar

Canadian Dollar

1.0377 SGD 1 CAD
5.1885 SGD 5 CAD
10.38 SGD 10 CAD
20.75 SGD 20 CAD
51.89 SGD 50 CAD
103.77 SGD 100 CAD
259.43 SGD 250 CAD
518.85 SGD 500 CAD
1,037.70 SGD 1,000 CAD
2,075.40 SGD 2,000 CAD
5,188.50 SGD 5,000 CAD
10,377.00 SGD 10,000 CAD
51,885.00 SGD 50,000 CAD
103,770.00 SGD 100,000 CAD
See more
Country Guides (SGD & CAD)
CanadaCanada (CAD)SingaporeSingapore (SGD)

SGD/CAD - Historical Trends

This table shows historic rates and trends of Singapore Dollar to Canadian Dollar over periods upto 10 years.

PeriodChange*SGD/CADDate
1 Day+0.1%0.963115 Oct 2019
7 Day-0.2%0.965309 Oct 2019
30 Day+0.1%0.962616 Sep 2019
3 Month+0.3%0.960818 Jul 2019
1 Year+2.4%0.941216 Oct 2018
5 Year+8.9%0.884717 Oct 2014
10 Year+29.3%0.745018 Oct 2009

*For period to 16-Oct 21UTC when SGD/CAD was 0.9636

You can use our SGD interactive charts to check SGDCAD historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

SGD and CAD in the Markets

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)

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.

 

Canadian Dollar (CAD)

The Canadian dollar stormed ahead in the second half of June, rising to a 16-week high against the US dollar 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.

Any delay to Canadian ratification of the USMCA trade deal (already accepted by Mexico) is likely to depress sentiment on Canada’s currency.

Read more in the article CAD Forecasts.

Why can't I just get the SGD/CAD market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the SGD / CAD was traded (bought or sold) in the international markets.

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). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

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.

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

We help you Compare & Save Money on Exchange Rates.

 

View all SGD Exchange Rates