Best Exchange Rates
Best Exchange Rates

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SGD to CAD

Singapore Dollar to Canadian Dollar - Calculate Compare Save

SGD to CAD mid-rate = 0.9533

Right now the SGD/CAD market mid-rate is 0.9533 and represents ideally how many Canadian Dollar you can get for one Singapore Dollar (21-08-2018 06:28:30 GMT) .

You can calculate equivalent currency amounts at this mid-rate below. Then select the transaction type to compare the best exchange rates available for SGD to CAD transfers or buying CAD travel money.

 

Currency Converter SGD to CAD

$
$
1 SGD equals
0.9533 CAD 1CAD= 1.049 SGD

Compare how much you can save on exchange rates for:

Foreign Transfers   

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3 Month SGD/CAD Chart
SGD-CAD 3 Month chart

Singapore Dollar

Canadian Dollar

1 SGD 0.9533 CAD
5 SGD 4.7665 CAD
10 SGD 9.5330 CAD
20 SGD 19.07 CAD
50 SGD 47.67 CAD
100 SGD 95.33 CAD
250 SGD 238.33 CAD
500 SGD 476.65 CAD
1,000 SGD 953.30 CAD
2,000 SGD 1,906.60 CAD
5,000 SGD 4,766.50 CAD
10,000 SGD 9,533.00 CAD
50,000 SGD 47,665.00 CAD

Singapore Dollar

Canadian Dollar

1.0490 SGD 1 CAD
5.2450 SGD 5 CAD
10.49 SGD 10 CAD
20.98 SGD 20 CAD
52.45 SGD 50 CAD
104.90 SGD 100 CAD
262.25 SGD 250 CAD
524.50 SGD 500 CAD
1,049.00 SGD 1,000 CAD
2,098.00 SGD 2,000 CAD
5,245.00 SGD 5,000 CAD
10,490.00 SGD 10,000 CAD
52,450.00 SGD 50,000 CAD

CAD Country Guides
CanadaCanada

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.

DateExchange RatePeriodChange
20 Aug 20180.9531Latest
13 Aug 20180.95401 Week-0.09%
21 Jul 20180.96541 Month-1.27%
21 Feb 20180.95896 Months-0.6%
20 Aug 20170.92301 Year+3.26%
20 Aug 20160.95522 Years-0.22%
21 Aug 20130.81595 Years+16.82%
22 Aug 20080.742310 Years+28.4%

The three things you need in order to get a good SGD to CAD exchange rate

  1. 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.
  2. 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.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Transaction Costs - Margins and Fees for SGD/CAD Transfers and Currency 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.

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

ProviderRatingFeesExchange RateMargin
OFX logo OFX
 
$00.9414$9414.00 CAD1.21%
DBS Bank logo DBS Bank
$180.9319$9302.23 CAD2.38%
HSBC logo HSBC
$150.9225$9211.16 CAD3.34%
Average Bank Rate
DBS Bank logo  Citibank logo  HSBC logo  OCBC Bank logo 
$180.9239$9205.43 CAD3.4%
OCBC Bank logo OCBC Bank
$1000.9272$9179.28 CAD3.67%
Citibank logo Citibank
$120.914$9129.03 CAD4.2%
 
OFX logo OFX
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: $9414.00 CAD
Exchange Rate: 0.9414
(Inverse 1CAD=SGD 1.0622)
Fees: $0
Total Cost : 1.21% (from mid-rate: 0.9529)
This is the amount of money that could be received by your transfer at rate SGD/CAD=0.9414 and inclusive of the fee of $0.
Rate timestamp : Mon Aug 20 2018 23:18:52 GMT+0000 (UTC)
 
DBS Bank logo DBS Bank

Price Details
Receive: $9302.23 CAD
Exchange Rate: 0.9319
(Inverse 1CAD=SGD 1.0731)
Fees: $18
Total Cost : 2.38% (from mid-rate: 0.9529)
Receive CAD $111.77 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate SGD/CAD=0.9319 and inclusive of the fee of $18.
 
HSBC logo HSBC
Rate available to HSBC Online Banking customers only.

Price Details
Receive: $9211.16 CAD
Exchange Rate: 0.9225
(Inverse 1CAD=SGD 1.0840)
Fees: $15
Total Cost : 3.34% (from mid-rate: 0.9529)
Receive CAD $202.84 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate SGD/CAD=0.9225 and inclusive of the fee of $15.
 
Average Bank Rate
DBS Bank logo  Citibank logo  HSBC logo  OCBC Bank logo 
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: $9205.43 CAD
Exchange Rate: 0.9244
(Inverse 1CAD=SGD 1.0818)
Fees: $18
Total Cost : 3.4% (from mid-rate: 0.9529)
Receive CAD $208.57 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate SGD/CAD=0.9239 and inclusive of the fee of $18.
 
OCBC Bank logo OCBC Bank

Price Details
Receive: $9179.28 CAD
Exchange Rate: 0.9272
(Inverse 1CAD=SGD 1.0785)
Fees: $100
Total Cost : 3.67% (from mid-rate: 0.9529)
Receive CAD $234.72 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate SGD/CAD=0.9272 and inclusive of the fee of $100.
 
Citibank logo Citibank
Rate available to Citibank customers via online banking.
Price Details
Receive: $9129.03 CAD
Exchange Rate: 0.9140
(Inverse 1CAD=SGD 1.0941)
Fees: $12
Total Cost : 4.2% (from mid-rate: 0.9529)
Receive CAD $284.97 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate SGD/CAD=0.914 and inclusive of the fee of $12.
% Margins to latest SGD/CAD mid-rate: 0.9529
Rates @ 08/21/2018


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.


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 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

In April, the Monetary Authority of Singapore said for the first time in six years that it would allow the Singapore dollar to appreciate. Unconventionally, the MAS manages monetary policy by managing the value of SGD. By allowing the currency to rise, it will effectively tighten policy in response to robust economic growth – 4.3% in the fourth quarter.

USD/SGD has, for the most part, followed the broader market for dollar pairs in 2018. The pair reached 1.3 in January for the first time since 2014 but since then has rallied. It was back to 1.4 in early May.

In early May, for the first time in nearly two years, the Singapore dollar broke parity with the Australian dollar. When last seen, AUD/SGD was at 0.998.

Based on a global macro model and analyst expectations, the team at TradingEconomics.com is forecasting USD/SGD at 1.37 at the end of April 2019.

Canadian Dollar (CAD) - Market news and forecasts

In spite of serious question marks over NAFTA, the Canadian dollar is among the best performing currencies this year.

Approaching mid-August, the Canadian dollar remains at or near long-term highs against many of the world's major currencies, although not against a very strong US dollar (1.308). The "loonie" has been well supported since the end of June following a hawkish repricing of Canadian interest rate expectations.

The average of forecasts of three major banks sees USD/CAD falling by year-end to 1.275 and EUR/CAD (in the low 1.48s at the time of this report) rising to 1.5.

Mid-year, banks highlighted the importance of fruitful trade talks between the US and Canada for meaningful Canadian dollar strength. The market consensus remains for an 8-10 percent drop in the CAD’s value should NAFTA fall apart.

Supporting CAD in 2018 has been the high price of oil which, at $67 per barrel, remains nearly $20 dollars above prices twelve months ago.

Why can't I just get the same 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.


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 our SGD to CAD currency converter to calculate equivalent amounts in each currency 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.