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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 when making an International Money Transfer from SGD to CAD. The total costs are calculated against the latest mid-market rate.

Foreign Transfer Providers
Ratings & Reviews
Receive CAD($)Exchange RateFee SGDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
WorldFirst logo
9,685 CAD0.968500.4%Bank Transfers - Online & Phone1-2 days
 
TransferWise logo
9,674.41 CAD0.9724$510.51%Bank Transfers - Online1-2 days
 
OFX logo
9,557 CAD0.955701.72%Bank Transfers - Online & Phone1-2 days
DBS Bank logo
9,448.96 CAD0.9466182.83%Online, Branch, Bank Transfers2-3 days
OCBC Bank International Money Transfers
OCBC Bank logo
9,366.39 CAD0.9461$1003.68%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
9,361 CAD0.9395183.73%Online, Branch, Bank Transfers2-3 days
HSBC logo
9,355.95 CAD0.937$153.78%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
9,272.86 CAD0.9284124.64%Online, Branch, Bank Transfers2-3 days
WorldFirst: Foreign Transfer SGD→CAD
SGD amount:$10,000 SGD
Fee:
Exchange Rate:0.9685 (0.4% from mid-rate)
CAD amount:9,685 CAD
Total Cost:0.4%
Time:1:08 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.6/5.0
Reviews:
TransferWise: Foreign Transfer SGD→CAD
SGD amount:$10,000 SGD
Fee:$51 SGD (0.5% + $1)
Exchange Rate:0.9724 undefined
CAD amount:9,674.41 CAD
Total Cost:0.51%
Difference:
11 CAD less than using WorldFirst
Time:1:08 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online
Rating:
 
: 4.6/5.0
Reviews:
 
OFX: Foreign Transfer SGD→CAD
SGD amount:$10,000 SGD
Fee:0
Exchange Rate:0.9557 (1.72% from mid-rate)
CAD amount:9,557 CAD
Total Cost:1.72%
Difference:
128 CAD less than using WorldFirst
Time:
Rate Fetched: Fri Feb 22 2019 23:13:54 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
DBS Bank: Foreign Transfer SGD→CAD
SGD amount:$10,000 SGD
Fee:18
Exchange Rate:0.9466 (2.65% from mid-rate)
CAD amount:9,448.96 CAD
Total Cost:2.83%
Difference:
236 CAD less than using WorldFirst
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
OCBC Bank: Foreign Transfer SGD→CAD
SGD amount:$10,000 SGD
Fee:$100 SGD (1%)
Exchange Rate:0.9461 (2.7% from mid-rate)
CAD amount:9,366.39 CAD
Total Cost:3.68%
Difference:
319 CAD less than using WorldFirst
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo

Foreign Transfer SGD→CAD
SGD amount:$10,000 SGD
Fee:18
Exchange Rate:0.9389 (3.45% from mid-rate)
CAD amount:9,361 CAD
Total Cost:3.73%
Difference:
324 CAD less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
HSBC: Foreign Transfer SGD→CAD
SGD amount:$10,000 SGD
Fee:$15 SGD (.15%)
Exchange Rate:0.9370 (3.64% from mid-rate)
CAD amount:9,355.95 CAD
Total Cost:3.78%
Difference:
329 CAD less than using WorldFirst
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Citibank: Foreign Transfer SGD→CAD
SGD amount:$10,000 SGD
Fee:12
Exchange Rate:0.9284 (4.52% from mid-rate)
CAD amount:9,272.86 CAD
Total Cost:4.64%
Difference:
412 CAD less than using WorldFirst
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated as financial payment services. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/23/2019

SGD to CAD mid-rate = 0.9721

Right now the SGD/CAD market mid-rate is 0.9721 and represents ideally how many Canadian Dollar you can get for one Singapore Dollar.

This SGD/CAD Converter calculates equivalent Singapore Dollar to Canadian Dollar amounts at the market mid-rate:

SGD / CAD mid-rate converter


$SGD


$CAD
1 Singapore Dollar equals
0.9721 Canadian Dollar

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

Foreign Transfers

 
 
1 Week SGD to CAD Chart
Loading SGD/CAD rates

Singapore Dollar

Canadian Dollar

1 SGD 0.9721 CAD
5 SGD 4.8605 CAD
10 SGD 9.7210 CAD
20 SGD 19.44 CAD
50 SGD 48.61 CAD
100 SGD 97.21 CAD
250 SGD 243.03 CAD
500 SGD 486.05 CAD
1,000 SGD 972.10 CAD
2,000 SGD 1,944.20 CAD
5,000 SGD 4,860.50 CAD
10,000 SGD 9,721.00 CAD
50,000 SGD 48,605.00 CAD
100,000 SGD 97,210.00 CAD
See more

Singapore Dollar

Canadian Dollar

1.0287 SGD 1 CAD
5.1435 SGD 5 CAD
10.29 SGD 10 CAD
20.57 SGD 20 CAD
51.44 SGD 50 CAD
102.87 SGD 100 CAD
257.18 SGD 250 CAD
514.35 SGD 500 CAD
1,028.70 SGD 1,000 CAD
2,057.40 SGD 2,000 CAD
5,143.50 SGD 5,000 CAD
10,287.00 SGD 10,000 CAD
51,435.00 SGD 50,000 CAD
102,870.00 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
22 Feb 20190.9754Latest
15 Feb 20190.97621 Week-0.08%
23 Jan 20190.98251 Month-0.72%
26 Aug 20180.95366 Months+2.29%
22 Feb 20180.96361 Year+1.22%
22 Feb 20170.93072 Years+4.8%
23 Feb 20140.87635 Years+11.31%
24 Feb 20090.816810 Years+19.42%

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

22-February-2019: 2018 was a steady year for the Singapore dollar: on balance it gained value, but it did lose out slightly against the world’s reserve currency, the US dollar.

2019 has begun reasonably well. Entering the final week of February, SGD was a percent higher year-to-date versus USD, but at US$0.74 was in line with its 2018 average rate. SGD was 2 percent higher year-to-date against EUR at a 9-month closing high of €0.653 — 4 percent higher than 2018’s average.

Against AUD, in February, SGD was unchanged year-to-date but was 4.5 percent higher than last year's average, at A$1.038. During a flash crash on January 3rd, SGD/AUD briefly traded at a 10-year high of A$1.088.

With Singapore being a small, trade-dependent country, prime risks to SGD for 2019 include the re-emergence of trade tensions between China and the US, and/or a serious global economic slowdown.

Traders, though, were happy to bet against the above risks and on SGD appreciation at the time of this report: a Reuters survey in February showed “long” SGD positions among bank traders rising to the highest level in 10 months.

Canadian Dollar (CAD) - Market news and forecasts

7-February-19: January was a fantastic month for the Canadian dollar. A gain of 4 percent relative to the US dollar took USD/CAD away from 19-month highs near C$1.365 into the low C$1.31s.

A recovery in the oil market has played a big part in the loonie’s 2019 recovery. By the time of this report, oil had gained nearly $12 per barrel, or 23 percent, on 2018 lows. The price of oil remains vital to Canada’s economy; it had fallen by as much as 40 percent in the October-December period.

Going forward, risks to the Canadian dollar include, of course, oil, and the return of global trade tensions.

Towards the end of 2018, Goldman Sachs predicted a strong energy market rebound in 2019 — more so than has already been realised — and this would underpin Canada’s currency.

In February, Westpac reaffirmed its view that the Canadian dollar would be an outperformer in 2019. Canada’s growth picture is more secure than those of the eurozone, UK or Australia, Westpac believes, and as a result, the Bank of Canada will be more hawkish this year relative to other G10 central banks, driving CAD appreciation.

Currency News and Forecasts

Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets