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Best Send Money to Canada SGD/CAD Rates Compared Live

The best SGD to CAD exchange rate is 1.0043. Compare foreign transfer and currency exchange rates, find better rates & deals.

SGD-CAD Best Exchange Rate Calculator
 

Comparing SGD-CAD send money exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Singapore dollar (SGD) to Canadian dollar (CAD) rates from different sources before making a conversion.

The above Singapore dollar to Loonie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest SGD-CAD mid-rate (see below) and the possible savings of using another provider.

 
@bestfxrates : SGD/CAD Update 📈: Stable amidst mixed SG economic data & unchanged MAS policy. CAD swings on oil price shifts & central bank policies. SGDCAD nears a 14-day low at 1.0069 but holds near 3-month avg. Eyes on US data & Fed moves for cues. Oil at $85.56, may sway CAD ahead. #Forex #SGDCAD

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Save time and money - fewer websites to visit and you get a much better exchange rate & service.

 
 

SGD to CAD Market Data

Singapore dollar (SGD) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 SGD =
1.0043We compare provider deals to this wholesale mid-market rate. Read more
CAD
-0.2%
📉2W
SGD to CAD at 1.0074 is near its 3-month average, having traded in a stable 1.5% range from 0.9991 to 1.0145
|
Sell SGD   â†’   Buy CAD
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DateSGD/CADChangePeriod
13 Mar 2024
1.0108
0.4% â–¼2 Week
28 Dec 2023
1.0021
0.5% â–²3 Month
28 Mar 2023
1.0237
1.7% â–¼1 Year
29 Mar 2019
0.9850
2.2% â–²5 Year
30 Mar 2014
0.8782
14.6% â–²10 Year
01 Apr 2004
0.7828
28.6% â–²20 Year
SGD/CAD historic rates & change to 27-Mar-2024
 

What are equivalent amounts of SGD and CAD?

Here are some popular conversion amounts for SGD to CAD (Singapore dollar to Canadian dollar)*.

SGD CAD
S$ 1 C$ 1.0043
S$ 5 C$ 5.0215
S$ 10 C$ 10.04
S$ 20 C$ 20.09
S$ 50 C$ 50.22
S$ 100 C$ 100.43
S$ 250 C$ 251.08
S$ 500 C$ 502.15
S$ 1,000 C$ 1,004
S$ 2,000 C$ 2,009
S$ 5,000 C$ 5,022
S$ 10,000 C$ 10,043
S$ 20,000 C$ 20,086
S$ 50,000 C$ 50,215
S$ 100,000 C$ 100,430
SGD CAD
S$ 0.9957 C$ 1
S$ 4.9785 C$ 5
S$ 9.9570 C$ 10
S$ 19.91 C$ 20
S$ 49.79 C$ 50
S$ 99.57 C$ 100
S$ 248.93 C$ 250
S$ 497.85 C$ 500
S$ 995.70 C$ 1,000
S$ 1,991 C$ 2,000
S$ 4,979 C$ 5,000
S$ 9,957 C$ 10,000
S$ 19,914 C$ 20,000
S$ 49,785 C$ 50,000
S$ 99,570 C$ 100,000

More amounts

*Converted at the current SGDCAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for SGD to CAD

 

In the currency markets, the Singapore dollar (SGD) has seen a relatively stable performance against the Canadian dollar (CAD) in recent times. Singapore has maintained a cautious stance, with the Monetary Authority of Singapore (MAS) keeping its monetary policy unchanged amidst mixed economic data. The SGD has hovered within a tight trading range against the CAD, influenced by factors such as US inflation levels and domestic economic indicators. Despite a slight dip to a 3-month low in mid-February, the SGD managed to hold steady through February, closing the month marginally lower.

Read our full review of recent SGD to CAD forecasts.

 

How to get a good SGD to CAD exchange rate

There are several ways to save on exchange rates when converting Singapore dollar to Canadian dollar:

  1. Shop around for the best SGD/CAD exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the SGD/CAD rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both SGD and CAD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Canadian dollar with Singapore dollar, then it's better for the SGD/CAD exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

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 personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to Canada - a practical currency and money guide to travel, living and doing business in Canada with the Canadian dollar.

 
 
 

Currency Country Guides

CanadaCanada (CAD)SingaporeSingapore (SGD)
 

Here are a few things to consider when sending money to Canada:

  1. Fees: Different banks and money transfer services charge different fees for international money transfers. Shop around to find the best deal and compare the fees charged by different providers.

  2. Exchange rate: The exchange rate is the rate at which one currency is converted into another. Keep an eye on the exchange rate when sending money to Canada, as it can fluctuate and impact the amount of money you receive.

  3. Transfer speed: Some money transfer providers offer faster transfer speeds than others. If you need the money to arrive in Canada quickly, consider a provider that offers expedited transfer speeds for an additional fee.

    Read more at our Canada (CAD) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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