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Best Exchange Rates

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Compare SGD to CAD foreign transfers

Use our comparison table to find the best exchange rates for Canadian Dollar foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
$SGD
$CAD

Compare Deals
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

1 SGD = 0.9721 CAD

This is the current SGD-CAD mid-market exchange rate. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market SGD-CAD exchange rate.

3 Month Chart
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Currency news 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

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