SGD to CAD mid-rate = 0.9747
Right now the SGD/CAD market mid-rate is 0.9747 and represents ideally how many Canadian Dollar you can get for one Singapore Dollar.
You can calculate equivalent Singapore Dollar to Canadian Dollar currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for SGD to CAD transfers or buying CAD travel money.
SGD / CAD Converter
0.9747 Canadian Dollar
Compare how much you can save on
SGD/CAD exchange rates for:
| CAD Country Guides |
|---|
 Canada |
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.
| Date | Exchange Rate | Period | Change |
|---|---|---|---|
| 13 Dec 2018 | 0.9743 | Latest | |
| 06 Dec 2018 | 0.9778 | 1 Week | -0.36% |
| 13 Nov 2018 | 0.9598 | 1 Month | +1.51% |
| 16 Jun 2018 | 0.9775 | 6 Months | -0.33% |
| 13 Dec 2017 | 0.9513 | 1 Year | +2.42% |
| 13 Dec 2016 | 0.9215 | 2 Years | +5.73% |
| 14 Dec 2013 | 0.8440 | 5 Years | +15.44% |
| 15 Dec 2008 | 0.8356 | 10 Years | +16.6% |
Best Rates for SGD/CAD Transfers and Travel Money
The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.
You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from SGD to CAD.
Compare SGD to CAD Foreign Transfers vs the Banks
| Providers | Amount CAD($) | Exchange Rate | Fee SGD | Total Cost | Transfer Speed | Transfer Services | Reviews | Deal Links |
|---|---|---|---|---|---|---|---|---|
 | 9697.00 CAD | 0.9697 | 0 | 0.4% | 1-2 days | Online, Bank Account to Bank Account | ||
 | 9617.00 CAD | 0.9617 | 0 | 1.22% | 1-2 days | Online, Bank Account to Bank Account | ||
Average Rate: Banks - Average Rate     | 9407.95 CAD | 0.9442 | 18 | 3.37% | 2-3 days | Online, Branch, Bank Account to Bank Account | Average of Bank Rates |
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
- 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.
- 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. - Review up-to-date Currency News and Forecasts for both the and currencies, if available.
Currency News, Research and Forecasts for Singapore Dollar and Canadian 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 CAD, you should pay attention to both Singapore Dollar and Canadian Dollar news and forecasts.
Singapore Dollar (SGD) - Market news and forecasts
28-November-18: Principal drivers of the Singapore dollar in 2018 have included global trade concerns and the strong US dollar.
In October, SGD weakened to a 16-month low of S$1.387 per USD before recovering somewhat in November into the low S$1.37s – still a 2.5 percent loss for the year.
SGD fared better against the other majors though, especially the Australian dollar, against which it broke parity. At the time of writing, SGD/AUD was trading precisely at 1.00.
At October’s semi-annual meeting of the Monetary Authority of Singapore, the slope of the S$NEER currency band was adjusted slightly upwards, as widely expected, although the width and centre of the band were left unchanged. What many consider to be a more hawkish bias within the MAS is the result of improved outlooks for inflation and the labour market.
In November, ING warned against holding second-tier currencies from small, open, trade-dependent countries like Singapore because of its suspicion that trade tensions between the US and China would resurface heading into year-end.
Canadian Dollar (CAD) - Market news and forecasts
5-December-18: In early December, the Canadian dollar traded at C$1.34 per USD — its weakest level in 18 months. It did so after traders revised down their expectations for future Canadian interest rate hikes following a dovish Bank of Canada meeting.
Also not helping the loonie in late 2018 has been the oil price which, by the time of this report, had slumped 30 percent from 2018 highs. Oil is Canada’s largest export.
In December, several FX analysts expressed a belief that inevitable OPEC production cuts will create a rebound in the oil market, which will drive the Canadian dollar higher throughout 2019.
Risks to the Canadian dollar include, of course, oil, and the return of global trade tensions. Tensions eased in early December when US and Chinese leaders agreed to suspend tariff increases for 3 months.
Also in December, Citibank offered a “long-term” (>18 months) forecast for USD/CAD of 1.2, representing potential CAD appreciation of 12 percent.
