Switch

SGD to EUR - Best Rates Guide

We review Singapore Dollar to Euro latest & historic FX rates along with recent SGD/EUR Trend and Alerts.

 

Latest wholesale rate

1 SGD = 0.6177 EUR
SELL SGD / BUY EUR 
Invert Rate
SELL EUR / BUY SGD

Singapore Dollar to Euro
- Trend & Alerts

SGDEUR at 0.6178 is a little below its 90-DAY average, range 0.617-0.6293.
🔔 SGDEUR is DOWN 1.2% TODAY and at 60-DAY LOWS.
|
Alerts:1-DAYâ–¼1.2% | 60-DAY LOWS |
 
SGD to EUR chart
⚇

View My Alerts

   

Comparing SGD to EUR Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale SGD/EUR rate ( interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for SGD to EUR International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.

 
Loading
 
Loading
   

Singapore Dollar to Euro - Quick Conversions

SGD EUR
S$ 1 0.6177
S$ 5 3.0885
S$ 10 6.1770
S$ 20 12.35
S$ 50 30.89
S$ 100 61.77
S$ 250 154.43
S$ 500 308.85
S$ 1,000 617.70
S$ 2,000 1,235
S$ 5,000 3,089
S$ 10,000 6,177
S$ 50,000 30,885
S$ 100,000 61,770
More amounts
SGD EUR
S$ 1.6189 € 1
S$ 8.0945 € 5
S$ 16.19 € 10
S$ 32.38 € 20
S$ 80.95 € 50
S$ 161.89 € 100
S$ 404.73 € 250
S$ 809.45 € 500
S$ 1,619 € 1,000
S$ 3,238 € 2,000
S$ 8,095 € 5,000
S$ 16,189 € 10,000
S$ 80,945 € 50,000
S$ 161,890 € 100,000
More amounts

Calculate other SGD/EUR amounts (from or to) at mid-market with our SGD to EUR Calculator .

Singapore Dollar and Euro - Market News

 

When determining the best time to make a foreign exchange transaction, in this case the SGD vs EUR, you should pay attention to the recent market trends for both currencies.

 

Singapore Dollar (SGD)

Singapore’s trade-reliant economy is teetering on the brink of a recession as the coronavirus pandemic weakens global trade and consumer spending.

There’s increased chance that the Monetary Authority of Singapore (MAS) could start to push the Singapore dollar lower via direct market interventions (ie the central bank actively buying and selling the Singapore dollar).

Get more details in the article Singapore Dollar Forecasts.

 

Euro (EUR)

The Euro has struggled in early November dropping to 30-DAY-LOWS due to the COVID-19 second-wave outbreak with France, Italy, and Germany – the Eurozone’s three largest economies – entering lockdowns once more. The markets fear that poor economic results will continue through the end of the year.

Get more details in the article Euro Forecasts.

         

How to get Best SGD to EUR Exchange Rates

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

All foreign exchange providers charge a fee for providing their service and this fee 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.

 

What is a good SGD to EUR exchange rate?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Singapore Dollar vs Euro current value is to look the SGD/EUR historic rate and change over a range of periods.

The following table looks at the change in the SGD to EUR exchange rate over periods from the previous week back to the last 10 years.

SGD/EURChangePeriod
0.6266
24 Nov 2020
1.2% â–¼1 Week
0.6281
01 Nov 2020
1.4% â–¼30 Days
0.6195
02 Sep 2020
0% â–¼90 Days
0.6606
02 Dec 2019
6.3% â–¼1 Year
0.6543
03 Dec 2015
5.3% â–¼5 Years
0.5752
04 Dec 2010
7.7% â–²10 Years

SGD/EUR 10 year historic rates & change to 01-Dec-2020 : 0.6193

 
   

Will the Singapore Dollar rise against the Euro?

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/EUR to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

 
⚇

View My Alerts

 

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.