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SGD to MXN - Compare Rates

Singapore Dollar to Mexican Peso exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

Latest interbank rate (wholesale):

1 SGD = 15.44 MXN

Sell SGD / Buy MXN 


SGD/MXN - Trend & Alerts

SGD/MXN at 15.44 is 3.9% below its 90-DAY average, range 15.38 - 16.56 .
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1-DAY1.1% 90-DAY-LOW
 
 

Comparing SGD MXN 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' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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Singapore Dollar to Mexican Peso - Quick Conversions

SGD MXN
S$ 1 Mex$ 15.44
S$ 5 Mex$ 77.20
S$ 10 Mex$ 154.40
S$ 20 Mex$ 308.80
S$ 50 Mex$ 772.00
S$ 100 Mex$ 1,544
S$ 250 Mex$ 3,860
S$ 500 Mex$ 7,720
S$ 1,000 Mex$ 15,440
S$ 2,000 Mex$ 30,880
S$ 5,000 Mex$ 77,200
S$ 10,000 Mex$ 154,400
S$ 50,000 Mex$ 772,000
S$ 100,000 Mex$ 1,544,000
More amounts
SGD MXN
S$ 0.0648 Mex$ 1
S$ 0.3238 Mex$ 5
S$ 0.6475 Mex$ 10
S$ 1.2950 Mex$ 20
S$ 3.2376 Mex$ 50
S$ 6.4751 Mex$ 100
S$ 16.19 Mex$ 250
S$ 32.38 Mex$ 500
S$ 64.75 Mex$ 1,000
S$ 129.50 Mex$ 2,000
S$ 323.76 Mex$ 5,000
S$ 647.51 Mex$ 10,000
S$ 3,238 Mex$ 50,000
S$ 6,475 Mex$ 100,000
More amounts

To calculate other SGD/MXN FROM or TO amounts at wholesale rate use our home-page quick & easy Calculate SGD to MXN .

Country Guides - Mexican Peso

 
MexicoMexico (MXN)
   

Singapore Dollar - Mexican Peso Forecasting

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

Singapore Dollar (SGD)

At the end of March, Singapore's central bank eased its monetary policy, as widely expected, with the city-state's bellwether economy bracing for a deep recession due to the coronavirus pandemic.

The MAS said it would adopt a zero percent per annum rate of appreciation of the policy band starting at the prevailing level, currently slightly below the mid-point of the policy band.

The markets viewed this annoucement as showing the MAS has kept some fire-power in reserve and could intervene again to lower the SGD.

NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of the year if the coronavirus comes under control.

Overall, it was a mixed 2019 for the Singapore dollar, with small gains (<2 percent) against the euro and Australian dollar, but small losses against the US dollar and pound.

Read more in the article SGD Forecasts.

 

Mexican Peso (MXN)

The peso fortunes are connected to the oil market with oil high on the list of Mexico’s top exports.

US interest also affect the peso because Mexico holds high levels of dollar-denominated debt, which becomes easier to repay when dollars are cheap and US rates are low.

 

 

How to get Best SGD to MXN Exchange Rates

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.

 

Will SGD rise or fall against MXN?

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

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

SGD/MXN rateChangePeriod
10 Sep 2020 : 15.65971.7% ▼1 Week
18 Aug 2020 : 16.23285.2% ▼30 Days
19 Jun 2020 : 16.20195% ▼90 Days
18 Sep 2019 : 14.10569.1% ▲1 Year
19 Sep 2015 : 11.895129.4% ▲5 Years
20 Sep 2010 : 9.579260.7% ▼10 Years

SGD/MXN 10 year historic rates & change to 17-Sep-2020 : 15.3959

 

When is the best time to exchange SGD to MXN?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

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.

Setup BER.me FX Alerts