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SGD to EUR - Compare Exchange Rates

Singapore Dollar to Euro - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

Compare SGD/EUR Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks for SGD/EUR International Money Transfers. Costs are calculated against the amount when SGD is converted to EUR at mid-rate.

Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes

SGD-EUR Foreign Transfers - Compare

Foreign Transfer Providers
Ratings & Reviews
Receive EUR(€)Exchange RateFee SGDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
6,430 EUR0.64301.68%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
 
WorldFirst logo
6,427 EUR0.642701.73%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
DBS Bank logo
6,357.54 EUR0.6369182.79%Online, Branch, Bank Transfers2-3 days
OCBC Bank International Money Transfers
OCBC Bank logo
6,299.37 EUR0.6363$1003.68%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
6,298 EUR0.6321183.7%Online, Branch, Bank Transfers2-3 days
HSBC logo
6,295.54 EUR0.6305$153.74%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
6,239.5 EUR0.6247124.59%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer SGD→EUR
SGD amount:$10,000 SGD
Fee:0
Exchange Rate:0.6430 (1.68% from mid-rate)
EUR amount:6,430 EUR
Total Cost:1.68%
Time:
Rate Fetched: Sat Mar 23 2019 00:13:43 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
WorldFirst: Foreign Transfer SGD→EUR
SGD amount:$10,000 SGD
Fee:
Exchange Rate:0.6427 (1.73% from mid-rate)
EUR amount:6,427 EUR
Total Cost:1.73%
Difference:
3 EUR less than using OFX
Time:1:09 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

DBS Bank logoDBS Bank

DBS Bank: Foreign Transfer SGD→EUR
SGD amount:$10,000 SGD
Fee:18
Exchange Rate:0.6369 (2.61% from mid-rate)
EUR amount:6,357.54 EUR
Total Cost:2.79%
Difference:
72 EUR less than using OFX
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

OCBC Bank logoOCBC Bank

OCBC Bank: Foreign Transfer SGD→EUR
SGD amount:$10,000 SGD
Fee:$100 SGD (1%)
Exchange Rate:0.6363 (2.71% from mid-rate)
EUR amount:6,299.37 EUR
Total Cost:3.68%
Difference:
131 EUR less than using OFX
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer SGD→EUR
SGD amount:$10,000 SGD
Fee:18
Exchange Rate:0.6318 (3.39% from mid-rate)
EUR amount:6,298 EUR
Total Cost:3.7%
Difference:
132 EUR less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

HSBC logoHSBC

HSBC: Foreign Transfer SGD→EUR
SGD amount:$10,000 SGD
Fee:$15 SGD (.15%)
Exchange Rate:0.6305 (3.59% from mid-rate)
EUR amount:6,295.54 EUR
Total Cost:3.74%
Difference:
134 EUR less than using OFX
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer SGD→EUR
SGD amount:$10,000 SGD
Fee:12
Exchange Rate:0.6247 (4.48% from mid-rate)
EUR amount:6,239.5 EUR
Total Cost:4.59%
Difference:
190 EUR less than using OFX
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

SGD to EUR interbank exchange rate = 0.654

Right now the SGD/EUR interbank exchange rate is 0.654. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Euro to Singapore Dollar.

This SGD/EUR Converter calculates equivalent Singapore Dollar to Euro amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

SGD / EUR converter & margin calculator


$SGD
€EUR
Mid-rates:
 

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SGD/EUR exchange rates for:

Foreign Transfers

1 Week SGD to EUR
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Singapore Dollar

Euro

1 SGD 0.6540 EUR
5 SGD 3.2700 EUR
10 SGD 6.5400 EUR
20 SGD 13.08 EUR
50 SGD 32.70 EUR
100 SGD 65.40 EUR
250 SGD 163.50 EUR
500 SGD 327.00 EUR
1,000 SGD 654.00 EUR
2,000 SGD 1,308.00 EUR
5,000 SGD 3,270.00 EUR
10,000 SGD 6,540.00 EUR
50,000 SGD 32,700.00 EUR
100,000 SGD 65,400.00 EUR
See more

Singapore Dollar

Euro

1.5291 SGD 1 EUR
7.6455 SGD 5 EUR
15.29 SGD 10 EUR
30.58 SGD 20 EUR
76.46 SGD 50 EUR
152.91 SGD 100 EUR
382.28 SGD 250 EUR
764.55 SGD 500 EUR
1,529.10 SGD 1,000 EUR
3,058.20 SGD 2,000 EUR
7,645.50 SGD 5,000 EUR
15,291.00 SGD 10,000 EUR
76,455.00 SGD 50,000 EUR
152,910.00 SGD 100,000 EUR
See more

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Singapore Dollar to Euro (SGD-EUR) - 10 Year History

The below table shows the historic variation in the SGD/EUR 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. You can also view our various charts of SGD versus other currencies : SGD historical charts.

DateExchange RatePeriodChange
22 Mar 20190.6550Latest
15 Mar 20190.65341 Week+0.24%
20 Feb 20190.65211 Month+0.44%
23 Sep 20180.62356 Months+5.05%
22 Mar 20180.61641 Year+6.26%
22 Mar 20170.66222 Years-1.09%
23 Mar 20140.56925 Years+15.07%
24 Mar 20090.490110 Years+33.65%

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

The SGD/EUR 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 / EUR was traded (bought or sold) in the international markets.

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.

The closer your final exchange rate is to the market SGD/EUR midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

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

  1. Know the latest SGD/EUR 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.

Currency news and forecasts for Singapore Dollar and Euro

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the SGD vs EUR, you should pay attention to both Singapore Dollar and Euro 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.

Euro (EUR) - Market news and forecasts

Between November and February, the euro was remarkably stable relative to the US dollar, against which it traded for the most part between $1.125 and $1.155. In the days leading up to this report, in March, the euro broke downwards to a 21-month low of $1.118.

Further to Brexit uncertainty, euro weakness followed March’s meeting of the ECB, at which the central bank said it will not raise interest rates until 2020 at the earliest as part of an effort to lift the eurozone economy out of this “period of continued weakness.”

ING analysts wrote in March that they expect the low-yielding euro to continue to depreciate against the dollar over the coming months. Danske Bank predicted a euro dip towards $1.1 before a rally over 3-6 months back into a $1.12-1.16 range.