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Compare SGD to GBP Exchange Rates
Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the wholesale SGD/GBP mid-rate (shown above) or a transaction fee and often both!
The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using another FX provider.
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Singapore dollar to Pound Sterling - Recent Trend
SGD - GBP - Forecasts & News
GBP/USD – closed the week at 1.4160 (1.4210 last week). The Fed’s hawkish shift hit the Pound hard, pushing it 1.6% lower in 2 days. GBP Forecasts
The Singapore dollar had fallen to 8 month lows in late July on the surge in pandemic cases. The city state is recording the highest incidence of new cases of the virus in 11 months with growing clusters around nightlife venues and a major fishing port SGD Forecasts
How to get a good SGD to GBP Exchange Rate
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 GBP 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 Pound Sterling current value is to look the SGD/GBP historic rate and change over a range of periods.
The following table looks at the change in the SGD to GBP exchange rate over periods from the previous week back to the last 10 years.
| SGD/GBP | Change | Period |
|---|---|---|
| 26 Jul 2021 → 0.5327 | 0.1% ▼ | 1 Week |
| 03 Jul 2021 → 0.5370 | 0.9% ▼ | 30 Days |
| 04 May 2021 → 0.5388 | 1.3% ▼ | 90 Days |
| 02 Aug 2020 → 0.5553 | 4.2% ▼ | 1 Year |
| 03 Aug 2016 → 0.5594 | 4.9% ▼ | 5 Years |
| 05 Aug 2011 → 0.5017 | 6% ▲ | 10 Years |
SGD/GBP rate change to 02-Aug-2021 → 0.5320
Will the Singapore dollar rise against the Pound Sterling?
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/GBP to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.
Rather than requiring you to set a target rate, our FX Alerts work differently.
Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.
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