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  1. Exchange Rates
  2. Singapore dollar (SGD)
  3. Canadian dollar (CAD)

Convert SGD to CAD at Best Exchange Rates

Use this two-way calculator and chart to calculate amounts in either Singapore dollar or 1000 using the real-time SGD/CAD market mid-rate. Then choose your transaction type Foreign Transfer Travel Money to see the available exchange rates and reviews for our leading foreign exchange providers.

SGD to CAD mid-rate calculator

$
$
1 SGD equals
CAD 1SGD=CAD


Compare rates for: Foreign Transfers    Travel Money

Get fee-free global money transfers with our partner OFX
Loading SGD/CAD Chart

There are three important types of information that you need to know if you are to have any chance of getting the best possible SGD / CAD rate :

  1. Market SGD to CAD mid-rate - the starting point.
  2. Transaction costs, these include exchange rate margins plus various types of fees. These margin and fee costs vary for Foreign Transfers and Travel Money transactions.
  3. Up-to-date Currency News, Research and Forecasts for Singapore dollar and Canadian dollar.

1. Market SGD/CAD mid-rate

Right now the SGD/CAD market rate is and represents how many Canadian dollar you can get for one Singapore dollar.

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.

1 Singapore dollar equals
Canadian dollar 1=

You can calculate with the current mid-rate using our SGD to CAD calculator below but note the rate will most likely be quite different by the time you make you currency exchange.


2. Transaction Costs - Margins and Fees for SGD/CAD Foreign Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

SGD to CAD Foreign Transfer - Costs Compared

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from SGD to CAD.

Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Compare Foreign Transfers

Sending SGD 10,000 to CAD

 OFX
1SGD=0.9516CAD
$9516.00 CAD (1.73%)
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: $9516.00 CAD
Exchange Rate: 0.9516
(Inverse 1CAD=SGD 1.0509)
Fees: 0
Total Cost : 1.73% (from mid-rate: 0.9684)
This is the amount of money that could be received by your transfer at rate SGD/CAD=0.9516 and inclusive of the fee of 0.
Rate timestamp : Mon Apr 23 2018 06:19:01 GMT+0000 (UTC)
Bank Rates - Average
1SGD=0.9354CAD
$9337.16 CAD (3.58%)
This is the average SGD to CAD International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: $9337.16 CAD
Exchange Rate: 0.9354
(Inverse 1CAD=SGD 1.0691)
Fees: SGD 18
Total Cost : 3.58% (from mid-rate: 0.9684)
Receive CAD $179 less than with   OFX
This is the amount of money that could be received by your transfer at rate SGD/CAD=0.9354 and inclusive of the fee of SGD 18.
 Emirates NBD
1SGD=0.9288CAD
$9195.12 CAD (5.05%)
 
Price Details
Receive: $9195.12 CAD
Exchange Rate: 0.9288
(Inverse 1CAD=SGD 1.0767)
Fees: SGD 100 (1%)
Total Cost : 5.05% (from mid-rate: 0.9684)
This is the amount of money that could be received by your transfer at rate SGD/CAD=0.9288 and inclusive of the fee of SGD 100 (1%).

Travel Money SGD to CAD - Costs Compared

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.


Buy Travel Money from Travelex

Our other partners aren't publishing any live SGD/CAD rates right now.

You can calculate with the latest SGD/CAD market rate (Interbank mid-rate).


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.

Our real-time comparison calculators make shopping around easy and help you calculate how much you can save.

Why can't I just get the same SGD/CAD market rate I see on Google or in the Media?

When you look up the current Singapore dollar to Canadian dollar exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

Getting a great SGD to CAD mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use the below SGD to CAD calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific Singapore dollar cross rates and reviews of leading foreign exchange providers versus the Banks.


3. Currency News, Research 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 is always determined quoted in comparison to another 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

In 2018, Singapore developments and economic data have been less of a driver of SGD FX rates, with most simply following the broader market(s).

In January, after breaking significant technical support at 1.335, USD/SGD fell to 1.3 for the first time since 2014. Then, in line with the broader market for dollar pairs, USD/SGD rallied by mid-February into the high 1.31s. 1.335 remains a significant technical level in this pair.

Against a very strong Japanese yen, SGD lost nearly 4% of its value in the first seven weeks of the year; however, this was once again in line with the broad moves in yen pairs. In mid-February, SGD bought roughly 81 yen.

Against the euro, SGD continues to lose value in 2018, as it did in 2017. SGD weakened in early February to 1.645 per euro – its weakest level in two-and-a-half years.

The team at TradingEconomics.com is forecasting SGD weakness ahead. It sees the currency weakening to 1.38 per US dollar before the end of the year.

Canadian dollar (CAD) - Market news and forecasts

The Canadian dollar was the worst performing G10 currency in the first quarter of 2018.

Against the US dollar, CAD fell to buy 77.5 US cents (USD/CAD 1.29), but this was in line with average rates over the preceding twelve months.

Against the euro, CAD fell to an 8-year low but recovered somewhat before March was out to buy 63 euro cents (EUR/CAD 1.587).

For CAD, little respite is likely in the months ahead according to TD Securities, which described the currency in March as “really expensive.” A senior analyst at the firm explained that CAD was the “most exposed [major currency] from a global macro level and also from the local level of trade risk.”

Trade remains a dominant theme affecting CAD. Washington stepped up its protectionist measures in the first quarter with tariffs on steel and aluminium products (Canada is the number one exporter of such products to the US) and $60 billion worth of Chinese goods. Being a global growth-sensitive currency, CAD will suffer should international trade tensions escalate, not to mention the ramifications for ongoing NAFTA negotiations between Canada, the US and Mexico. The market consensus remains for an 8-10% drop in CAD's valuation should NAFTA negotiations fail.