1. Exchange Rates
  2. Singapore dollar (SGD)
  3. Euro (EUR)

Convert SGD to EUR 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/EUR 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 EUR mid-rate calculator

1 SGD equals

Compare rates for: Foreign Transfers    Travel Money

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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 / EUR rate :

  1. Market SGD to EUR 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 Euro.

1. Market SGD/EUR mid-rate

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

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.

1 Singapore dollar equals
Euro 1=

You can calculate with the current mid-rate using our SGD to EUR 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/EUR 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 EUR 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 EUR.

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Compare Foreign Transfers

Sending SGD 10,000 to EUR

€6079.00 EUR (1.65%)
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: €6079.00 EUR
Exchange Rate: 0.6079
(Inverse 1EUR=SGD 1.6450)
Fees: 0
Total Cost : 1.65% (from mid-rate: 0.6181)
This is the amount of money that could be received by your transfer at rate SGD/EUR=0.6079 and inclusive of the fee of 0.
Rate timestamp : Mon Apr 23 2018 06:18:49 GMT+0000 (UTC)
Bank Rates - Average
€5965.24 EUR (3.49%)
This is the average SGD to EUR International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

Price Details
Receive: €5965.24 EUR
Exchange Rate: 0.5976
(Inverse 1EUR=SGD 1.6734)
Fees: SGD 18
Total Cost : 3.49% (from mid-rate: 0.6181)
Receive EUR €114 less than with   OFX
This is the amount of money that could be received by your transfer at rate SGD/EUR=0.5976 and inclusive of the fee of SGD 18.
 Emirates NBD
€5873.67 EUR (4.97%)
Price Details
Receive: €5873.67 EUR
Exchange Rate: 0.5933
(Inverse 1EUR=SGD 1.6855)
Fees: SGD 100 (1%)
Total Cost : 4.97% (from mid-rate: 0.6181)
This is the amount of money that could be received by your transfer at rate SGD/EUR=0.5933 and inclusive of the fee of SGD 100 (1%).

Travel Money SGD to EUR - 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/EUR rates right now.

You can calculate with the latest SGD/EUR 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/EUR market rate I see on Google or in the Media?

When you look up the current Singapore dollar to Euro 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 EUR 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 EUR 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 Euro

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 EUR, you should pay attention to both Singapore dollar and Euro 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.

Euro (EUR) - Market news and forecasts

The euro was stable in the first quarter of 2018, during which it gained a few percentage points against the dollar, lost as much against the yen and lost out marginally against the pound. The euro did best against growth-sensitive G10 currencies, most notably the Australian dollar, Canadian dollar and Swedish krona.

The most active euro pair, EUR/USD, met resistance at the important 1.25 level in January, February and March, and had fallen back into the mid-1.22s by early April.

Against sterling, a break below 0.87 in the coming weeks could be significant, being that this level held up price in four consecutive months between December and March. In early April, prices were again threatening the level.

Entering 2018, year-end forecasts for EUR/USD ranged between 1.15 and 1.3, and for EUR/GBP, between 0.86 and 0.95.