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 Transfers
| Foreign Transfer Providers Ratings & Reviews | Receive CAD($) | Exchange Rate | Fee SGD | Total Cost | Transfer Services | Transfer Speed | Deal Links |
|---|---|---|---|---|---|---|---|
 Great rates and platform for personal, business and online sellers. Get local currency accounts in GBP, EUR, CAD, USD, AUD, NZD, JPY and CNY. More▾ | 9,685 CAD | 0.9685 | 0 | 0.4% | Bank Transfers - Online & Phone | 1-2 days | |
 Excellent rates and platform. Get local 'Borderless' accounts in GBP, EUR, USD, AUD, & NZD. More▾ | 9,674.41 CAD | 0.9724 | $51 | 0.51% | Bank Transfers - Online | 1-2 days | |
 OFX exchange rates are highly competitive for global money transfers, great customer service. ^Zero transfer fees for BestExchangeRates customers. More▾ | 9,557 CAD | 0.9557 | 0 | 1.72% | Bank Transfers - Online & Phone | 1-2 days | |
Banks - Average Rate     Average rate from these selected Banks. Click icons to see each bank's individual rate and fee. More▾ | 9,361 CAD | 0.9395 | 18 | 3.73% | Online, Branch, Bank Transfers | 2-3 days |
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
0.9721 Canadian Dollar
Compare how much you can save on
SGD/CAD exchange rates for:
Singapore Dollar |
Canadian Dollar |
|---|---|
| 10 SGD | 9.7210 CAD |
| 100 SGD | 97.21 CAD |
| 1,000 SGD | 972.10 CAD |
| 2,000 SGD | 1,944.20 CAD |
| 10,000 SGD | 9,721.00 CAD |
| See more | |
Singapore Dollar |
Canadian Dollar |
|---|---|
| 10.29 SGD | 10 CAD |
| 102.87 SGD | 100 CAD |
| 1,028.70 SGD | 1,000 CAD |
| 2,057.40 SGD | 2,000 CAD |
| 10,287.00 SGD | 10,000 CAD |
| See more | |
| 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 |
|---|---|---|---|
| 22 Feb 2019 | 0.9754 | Latest | |
| 15 Feb 2019 | 0.9762 | 1 Week | -0.08% |
| 23 Jan 2019 | 0.9825 | 1 Month | -0.72% |
| 26 Aug 2018 | 0.9536 | 6 Months | +2.29% |
| 22 Feb 2018 | 0.9636 | 1 Year | +1.22% |
| 22 Feb 2017 | 0.9307 | 2 Years | +4.8% |
| 23 Feb 2014 | 0.8763 | 5 Years | +11.31% |
| 24 Feb 2009 | 0.8168 | 10 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
- 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 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.
