Comparing SGD to CAD Exchange Rates
You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale SGD/CAD rate ( interbank mid-rate) plus any fixed or percentage fees.
These margins and fees can vary significantly for SGD to CAD International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.
Singapore Dollar to Canadian Dollar - Quick Conversions
|
SGD |
CAD |
| S$ 1 |
C$ 0.9532 |
| S$ 5 |
C$ 4.7660 |
| S$ 10 |
C$ 9.5320 |
| S$ 20 |
C$ 19.06 |
| S$ 50 |
C$ 47.66 |
| S$ 100 |
C$ 95.32 |
| S$ 250 |
C$ 238.30 |
| S$ 500 |
C$ 476.60 |
| S$ 1,000 |
C$ 953.20 |
| S$ 2,000 |
C$ 1,906 |
| S$ 5,000 |
C$ 4,766 |
| S$ 10,000 |
C$ 9,532 |
| S$ 50,000 |
C$ 47,660 |
| S$ 100,000 |
C$ 95,320 |
| More amounts |
|
SGD |
CAD |
| S$ 1.0491 |
C$ 1 |
| S$ 5.2455 |
C$ 5 |
| S$ 10.49 |
C$ 10 |
| S$ 20.98 |
C$ 20 |
| S$ 52.46 |
C$ 50 |
| S$ 104.91 |
C$ 100 |
| S$ 262.28 |
C$ 250 |
| S$ 524.55 |
C$ 500 |
| S$ 1,049 |
C$ 1,000 |
| S$ 2,098 |
C$ 2,000 |
| S$ 5,246 |
C$ 5,000 |
| S$ 10,491 |
C$ 10,000 |
| S$ 52,455 |
C$ 50,000 |
| S$ 104,910 |
C$ 100,000 |
| More amounts |
Calculate other SGD/CAD amounts (from or to) at mid-market with our
SGD to CAD Calculator .
Singapore Dollar and Canadian Dollar - Market News
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)
Overall, it was a poor to mixed 2020 for the Singapore dollar, with a 9 percent drop against the euro and 8 percent versus the Australian dollar, but small gains (2 percent) against the US dollar and steady to the pound.
Get more details in the article Singapore Dollar Forecasts.
Canadian Dollar (CAD)
Canadian Dollar exchange rates have gained amid Canada's economic outlook and recovering oil prices. Early success in controlling COVID-19 has helped the Canadian economy to rebound as massive government aid boosted consumer spending and low interest rates fueled a surge in the housing market.
Get more details in the article Canadian Dollar Forecasts.
Country Guides - Canadian Dollar
How to get Good SGD to CAD Exchange Rates
There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.
Reduce Excessive costs and fees
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 always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Singapore Dollar vs Canadian Dollar current value is to look the SGD/CAD historic rate and change over a range of periods.
The following table looks at the change in the SGD to CAD exchange rate over periods from the previous week back to the last 10 years.
| SGD/CAD | Change | Period |
|---|
| 0.9579 13 Jan 2021 | 0.5% â–¼ | 1 Week |
| 0.9644 21 Dec 2020 | 1.1% â–¼ | 30 Days |
| 0.9682 22 Oct 2020 | 1.5% â–¼ | 90 Days |
| 0.9685 21 Jan 2020 | 1.6% â–¼ | 1 Year |
| 0.9920 22 Jan 2016 | 3.9% â–¼ | 5 Years |
| 0.7750 23 Jan 2011 | 23% â–² | 10 Years |
SGD/CAD 10 year historic rates & change to 20-Jan-2021 : 0.9534
Will the Singapore Dollar rise against the Canadian Dollar?
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add SGD/CAD to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.
⚇
View My Alerts
Rather than requiring you to set a target rate, our FX Alerts work differently.
Once you add a currency pair to your watchlist we then start automatically checking the exchange rate for any HIGH or LOW event or significant UP or DOWN moves over a range of daily periods only as far back as 90 days.